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>
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<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>