Job Purpose

The purpose of this job is to develop and monitor investment risk & compliance policies and processes framework to ensure adherence to the regulatory and internal investment guidelines and portfolio are built as per the risk appetite defined by the shareholders & policyholders.The Job is also required to have expertise & awareness of Investment Regulations regulated by IRDAI from time to time & ensure seamless stakeholders management.Qualitative inputs and support to Investment team for high profile projects

Job Context & Major Challenges

Job Context/Challenges

The regulatory environment is changing rapidly. With the dynamic market conditions & changing regulatory aspects, we need to continuously improve on our policies and processes to ensure effective management.

ABSLI launches creative products and invest into different asset classes, many a times these don’t have the adequate knowledge bank and system support to monitor and measure the risk associated with them.

The regulatory guidelines at times are ambiguous,



making it a challenge to understand and implement to be in compliance.

ABSLI offers products with guarantees; this makes risk managements very significant and critical. These needs to be monitored on a daily basis.

Lack of established scientific tools to measure and quantify risk parameters.

Lack of system support in case of automation of critical processes.

Delivering the ad-hoc reporting requirements of regulator within a short span of time.

Lack of manpower with subject matter expertise in fire-fighting situations and for support activities

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)

KRA1 Ensure adherence with the regulatory & internal guidelines so that ABSLI is in compliance with regulation Monitoring, review and sensitize (where required) the portfolio position ensuring adherence to internal & regulatory norms.

Provide continuous support to the Investment Team to

📌 Manager- Infosecurity (India)
🏢 Aditya Birla Sun Life Insurance
📍 India