Treasury Mid Office Executive
About Navi : Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.
Founders: Sachin Bansal & Ankit Agarwal
Know what makes you a “Navi_ite” :
1.Perseverance, Passion and Commitment
• Passionate about Navi’s mission and vision
• Demonstrates dedication, perseverance and high ownership
• Goes above and beyond by taking on additional responsibilities
2.Obsession with high quality results
• Consistently creates value for the customers and stakeholders through high quality outcomes
• Ensuring excellence in all aspects of work
• Efficiently manages time, prioritizes tasks, and achieves higher standards
3.Resilience and Adaptability
• Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility
Key Responsibilities:
● One-time Activity to manage in Investment Management System:
■ Upgrading the Investment Management System from current to new version for better performance.
■ This will first happen in Testing environment & then in Actual Production Environment. Will need 2-3 months of dedicated attention.
● Recurring/Daily Activities to manage in Investment Management System:
○ Mid Office Activities:
■ Creating necessary masters (Group, Party, Security, etc) as per the regulatory requirements ■ Doing Security Valuation (as per Crisil, AMFI, NSE, etc.)
■ Doing EOD process so that next day's trades can be put
■ Continuously developing and enhancing system functionalities wherever possible.
○ Back Office Activities:
■ Handling events (Dividend, Interest payment etc) related to investments we are holding.
■ Preparing all the Cash Flows (Deployable cash for the day) across all entities through system
■ Passing all the Bank Entries & doing the Settlement of transactions.
■ Generating & Reconciling various reports (Holding, Valuations, Bank Balance, Stop Loss, Broker Turnover etc)
■ Running daily Income (Amortization, Interest Accrual & Trading Income)
■ Reconciliation of Accounting Entries etc & solving issues identified in the system.
Qualifications:
● Education: Bachelor’s degree in Finance, Accounting, or related field.
● Experience: Any experience in Investment system handling & development is a plus.
●Skills:
■ Proficiency in investment management systems and financial data management.
■ Strong analytical and problem-solving skills.
■ Experience with system integration and UAT processes is advantageous.
■ Basic understanding of Investment Accounting.
● Technical Knowledge:
■ Familiarity with Investment regulatory requirements and industry best practices.
■ Knowledge of system development lifecycle and reporting tools.