Team Member - Investment Risk

Birla Carbon; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Aditya Birla Group seeks a Team Member - Investment Risk (Deputy Chief Manager) to monitor risk guidelines and risk appetite for all schemes. You will manage daily risk and reporting across market, liquidity and credit risk, and align investment policies with SID objectives.

Responsibilities include formulating and implementing investment frameworks, updating investment universes and internal limits, and delivering risk information to CRO with thorough documentation.

Responsibilities

• Monitoring risk management guidelines and risk appetite framework for schemes
• Ensure daily management of risk and necessary reporting relating to Investment risk of all scheme(s) such as market Risk, liquidity Risk, credit risk etc.
• Review and provide recommendations for changes to the Investment and other policies related to Investments function
• Ensure investment policies are aligned to the investment objectives as documented in the SID
• Formulate, review and implement a framework for Investments
• Updation / modification in the equity or debt investment universe
• Updation in internal investment limits
• Provide relevant information to CRO regarding the risk reports
• Review portfolio concentration and take necessary actions to make adjustments to the portfolios
• Monitoring risk appetite within the potential risk class of the respective schemes
• Assessment of the governance risk of the issuer
• Assessing and monitoring risks of investing in multiple markets
• Maintenance of all relevant documents and disclosures with regard to the debt and money market instruments before finalizing the deal
• Ensure periodic reviews and monitoring
• Activities performed by fund managers with respect to risks identification, risk management, reporting and corrective actions.
• Review and approve the changes to the risk appetite within the potential risk class of the respective schemes
• Exceptions / breaches to the Investment limits and identify and implement corrective actions.
• Implementation of controls around dealing room such as –
• non usage of mobile phones
• dedicated recorded lines
• restricted internet access
• handling of information
• Ensure adequate due diligence are conducted and documented during inter-scheme transfers
• Reporting & Monitoring Investment Risk
• Monitor exceptions identified on review of the regular risk management activities
• Ensure that fund managers and dealers comply with Code of Conduct as per Schedule V B of Mutual Fund Regulations.
• Report the key risk identified and corrective actions taken to the CEO and CRO.
• Define the responsibilities of the Fund Managers.
• Discover more about life at Aditya Birla Group

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Team Member - Investment Risk

Designation : Deputy Chief Manager

Job Description:

KRAs

Actionable Items

Monitoring risk management guidelines and risk appetite framework for schemes;

Ensure daily management of risk and necessary reporting relating to Investment risk of all scheme(s) such as market Risk, liquidity Risk, credit risk etc.

Review and provide recommendations for changes to the Investment and other policies related to Investments function

Ensure investment policies are aligned to the investment objectives as documented in the Scheme Information Document (“SID”)

Formulate, review and implement a framework for Investments

• Updation / modification in the equity or debt investment universe
• Updation in internal investment limits;
• Provide relevant information to CRO regarding the risk reports
• Review portfolio concentration and take necessary actions to make adjustments to the portfolios
• Monitoring risk appetite within the potential risk class of the respective schemes
• Assessment of the governance risk of the issuer
• Assessing and monitoring risks of investing in multiple markets
• Maintenance of all relevant documents and disclosures with regard to the debt and money market instruments before finalizing the deal

Ensure periodic reviews and monitoring

• Activities performed by fund managers with respect to risks identification, risk management, reporting and corrective actions.
• Review and approve the changes to the risk appetite within the potential risk class of the respective schemes
• Exceptions / breaches to the Investment limits and identify and implement corrective actions.
• Implementation of controls around dealing room such as –
• non usage of mobile phones
• dedicated recorded lines
• restricted internet access
• handling of information
• Ensure adequate due diligence are conducted and documented during inter-scheme transfers

Reporting & Monitoring Investment Risk

• Monitor exceptions identified on review of the regular risk management activities
• Ensure that fund managers and dealers comply with Code of Conduct as per Schedule V B of Mutual Fund Regulations.
• Report the key risk identified and corrective actions taken to the CEO and CRO.
• Define the responsibilities of the Fund Managers.

• Discover more about life at Aditya Birla Group