Management Project

Superna Arora

P**, Saint Marc Circle, South Windsor, CT, 06074

Cell: 860-***-****

*************@*****.***

I can legally work in the US without requiring visa sponsorship Professional Summary

Assertive professional with over 9 years of post-graduation experience in Treasury operations, Cash flow management, Investment regulatory compliance, System implementation and project management in Investment, risk and mid office operations (Compliance).

Detail-oriented investment professional who excels under tight deadlines, while anticipating and averting potential problems by proactively streamlining processes.

Core Qualifications & Skills

MBA professional with about 9 years of experience in:

Project management activities including overall project timeline and deliverables

Managing Treasury operations to the tune of $1200 Million a day

Manage Regulatory, Internal and Statutory audits with respect to investments

Calculate and analyze the Company’s inves tment portfolio performance returns across various Investment funds and asset types

Communication and coordination with key stakeholders (e.g. Director finance, Chief investment officer, in-scope entities, Subject Matter Experts, etc.)

Provide reports to support the investment front and back office. Demonstrate a strong understanding of assigned subject matter.

Support month-end close and investment reporting cycles

Design and development of standard process documentation template, including critical elemen ts, to ensure operational effectiveness and to ensure compliance and internal audit reviews

Assist in new report development, understand and document business requirements and help develop s olutions

Facilitate validation of process documentation and manage changes as needed

Ensures end – to - end traceability of requirement is complete

Expertise to perform assigned task and develop specific project deliverables

Identify process improvement opportunities and assist in implementation of identified initiatives

Develop presentation materials to effectively communicate project status

Support the investment compliance function by serving as a backup as needed.

Fulfill ad-hoc requests as they arise

Proficient in MS Excel, MS Word

Good analytical and communication skills

Experience

Senior Manager – Investments and Treasury Operations 7/12/2016 - 5/8/2017 Max Bupa Health Insurance New Delhi, India

Responsibilities:

Daily cash flow management to arrive at Investment surplus / deficit for the day.

Limit monitoring and set up in Investment management system.

Fund management in accordance with the investment policy with due consideration to the IRDAI*, ALM** and Internal guidelines

Performing credit review for debt issuers on quarterly basis to understand the credit risk and its presentation to the Investment committee

Actively involved in discussing the Investment strategy with CIO and CFO.

Permanent invitee to Investment and Asset liability management committee.

Managed way and means statement and net funds to be deployed in the market

Liaison with banks, counter parties, brokers, custodians and regulators to ensure smooth processing of transactions.

Provide regular updates to Board Investment Committee, Working Investment Committee and senior manag ement on investment position, strategy and performance

Ensure all investments are made in line with the guidelines as regulated by the regulator, SOPs and Investment Policy.

Implementation of new Investment and Corporate governance guidelines 2016 as laid down by IRDAI*

Drafted the SOP, Investment and Asset liability management policy

Implemented policy of Voice recording system for verification of deals & monthly reporting the same to internal as well as statutory auditors

Established robust maker/ checker process to ensure correctness and accuracy.

Organized and administered training for all new members in the functional team Experience

Manager - Investment and Treasury Operations 6/2/2008 - 7/8/2016 Aviva Life Insurance New Delhi, India

Responsibilities:

Treasury Operations

Monitoring the inflow/outflow of funds to ensure optimum utilization of available funds

Management of investment funds in Investment as well as Non- Investment Accounts, while ensuring non-occurrence of Overdraft and minimum possible balance

Daily deployment of surplus funds in Mutual Fund (liquid schemes) and Reverse Repo within the stringent timelines -Research based investment emphasis on running yield, credit quality of the liquid schemes, thereby enhancing return to shareholder and policyholder

Liaison with various stake holders’ viz. Primary dealers, banks, brokers, AMCs/mutual funds, etc.

Rationalization of collection accounts by routing their funds to a larger pooling a/c

Daily preparation of liquidity monitoring report at scheme and asset class level

Detailed analysis of peer group and built a new universe for each fund for vigorous peer group comparison

Coordination with banks for account opening and other banking documentation to ensure smoo th processing of financial transactions

Implementation and closure of banking agreements for facilitation of services like: Direct Debit, Easy Pay (branch walk - in) and Sweep in facility etc

Compliance:

Responsible for Investment compliance as per guidelines laid down by the regulator.

Limit setup in the system (IRDAI* and Internal), testing and its implementation. This involves usage of databases like capital line, prowess etc.

Preparation and submission of Investment Returns as regulated by IRDAI* and other management reports within the stringent timeline and ensured accuracy.

Mapping business / regulatory requirements to the investment system and suggesting customizations, if any

Implementing & reporting any new investment guidelines as laid down by the regulator within the stringent timelines. Also mapping the same to the Investment management system

Apprise board members/ senior management of any investment exceptions made during the quarter and suggestion for its corrective action

Validation of Masters – Issuer, Security, Broker and Industry which in turn helps complying with IRDAI* regulation

Vigorous monitoring of Investment Committee and Product mandates, thereby ensuring non breach of compliance

(IC/Product/MF-Approved/Unapproved)

Managing empanelment of brokers for Debt as well as Equity

Risk Management:

Documented the Standard Operating Procedure (SOP) for Treasury and Compliance (Mid Office)

Performing Credit review of debt issuers and monitoring credit risk management.

Reporting on portfolio Liquidly risk management

Assisting in Investment committee reports & presentation

Responsible for all the audits carried out during the year like-Concurrent, Internal, statutory and Regulatory Audit

Reconciliation of Non-Investment FD’s, Investment accounts and Holding statement

Coordinate with various banks for trade (FD/Bonds/Mutual Funds) confirmations

Established procedures (Checks and controls) for reconciliation purpose to ensure all transactions are accurately recorded in line with the stated accounting policies.

Designed and Implemented procedures to ensure accurate and efficient monthly, quarterly and yearly closure

Project Management:

Implementation of new IRDAI* reports in M-fund (Investment Management system). The project included aligning various stake holders (internal system support team, external service provider etc), front end system set up, back end implementation of patches, testing for various forms, share successful test result with process head and live implementation.

End to end process documentation, project testing, obtaining cost efficient solution for system automation, stake holder’s approval and live implementation

Functional Testing and Automation:

Responsible for doing the functional testing of the enhancements to be made in system in accordance to the IRDAI* guidelines and the automation sought by the organization as a part of change request.

Preparation of business test cases by using analytical skills and performing UAT to ensure its correctness.

Coordination with various stakeholders from projects initial requirements to its final implementation with due thoroughness

Process automation to save on time and efforts

Education

Post Graduate Diploma in Business Administration (PGDBA) - Finance & Marketing 2008 Indian Institute of Planning & Management New Delhi, India Bachelor of Commerce (Hons.) 2006

Delhi University New Delhi, India

IRDAI* - Investment Regulatory Development Authority of India ALM** - Asset Liability Management

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