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Vice President / Fund Manager – Debt | Scrabble

Posted on February 23, 2023

Job Description

<div>To manage linked and non-linked funds to generate debt trading gain in Control Fund, manage<br /> bond portfolio duration and achieve targeted outperformance in managed ULIP funds</div> <div><br /> Current Core<br /> Responsibilities</div> <div>Generate targeted returns / profits in linked and non-linked funds<br /> Bond market research and analysis to form, articulate and action on interest rate view<br /> Managing analysts</div> <div></div> <div>Additional scope/<br /> Responsibilities of<br /> the recommended<br /> higher role</div> <div> Heading / co-heading debt function<br />  Manage over 5,000 Cr bond portfolio.<br />  Manage firm-critical profitability targets. Debt team has delivered capital gains of 32 Cr and<br /> accrual income of 30 Crs over plan income. They have also saved capital of 50 Crs. Thus,<br /> there was active contribution of almost 110 Crs in FY 22 and the number for FY23 is likely to<br /> be equally, if not more ambitious.<br />  Run the entire Active Debt Management Strategy for the firm. Discover new investible<br /> instruments, optimise FRA requirements and capital calls in the facing of rising interest rates.<br /> Actively trade bonds within acceptable risk limits to generate trading gains without losing<br /> yield and duration discipline. This has already saved 50 Crs of capital so far<br />  Generate continuous process improvements in bond research and investments<br />  Managing external and internal stakeholders relevant to debt function<br />  Devise strategy for new investment avenues such as InvITs, Venture Debt and Credit AIFs</div>
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