Assistant Manager (Back Office Administration)

Scope of work:

• All NPS pension fund schemes managed by LIC PFL
• Accounting; Reconciliations; Clearances; Records, Audit, MIS and Regulatory Compliance

• Support smooth operations of Front Office.
• Maintain, as directed by PFRDA, accurate & updated accounts and records of Scheme investments and trail of all transactions per asset class in portfolio of LIC PFL.
• Periodical MIS and submission of compliance to NPS Trust and PFRDA or any other statutory authority as and when required.
• Daily fund inflow/outflow statement generation.
• Settlement of Deals completed by front office.
• Preparation / Modification etc. of Security Master of Asset classes.
• Opening and maintaining of Bank, custodian accounts / or any other related party, reconciliation of all bank accounts/ custodian holdings on daily basis & follow up for discrepancy / difference.
• Reconciliation and processing of all fees/expense related bills after taking required approval from NPS Trust.
• Preparation of PowerPoint Presentations for regulatory as well as internal meetings.
• Assisting in Audit, Compliances, preparation of notes for Committee meetings and finalization of Scheme Accounts and Company Accounts.
• Periodical uploading of data on portal of Regulators.
• Broker Review/ Empanelment
• In addition, any other job allocated by the Reporting Officer / Head of the office

Age Band: 25-40 yrs

Relevant experience definition:

• Must have expertise in MS-office, Tally.
• Should have worked in a back-office of any institutional investor with Clients in India or overseas; understands Business environment, Regulatory overview and investments
• Should have gained high proficiency in use of any 1 or 2 of popular Investment software products supporting high volume of transactions;
• Previous Expenses of handling Compliance matter preferrable.
• Experience in Mutual Fund House and knowledge of NAV Calculations preferrable.