Senior Investment Reporting & Operations Specialist

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Description

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Handling operational matters related to Investments Department.

Assisting on matters of operational due diligence and ODD evaluations of new managers and new and current Global Custodians.

Executing the Capital Calls, recording dividing information, closing the position in Misys and payment of various fund management/custodian fees.

Responsible for the preparation of periodic performance, risk and compliance reports for the Investment Committee/Management and Funds fiduciaries.

Responsible for monitoring the aggregate/Policy level portfolio and prepare key analytics to ensure compliance with IPS/SAA of the Funds.

Key Accountabilities:

Reporting:

• Assist in system and data needs for the Investments Department.
• preparation of risk, compliance, and performance reports.
• Prepare of quarterly risk/compliance and performance reports for all Investment Department managed portfolios for the various Funds.
• Prepare portfolio analytic reports and ensure the concordance of the aggregate and asset-class portfolios with the investment policies of the Funds.
• Compile and submit to relevant authority key investment reports for the funds and assets (incl. direct equity and APIF) under the management of the Investment Dept.

Operations:

• Manage the relationships with Global Custodians and Fund Administrators.
• Carry out all KYC and AML compliance activities of the Investments Departments for all new investments and ongoing compliance with existing investments and GCs, transfer agents and EFMs in coordination with the Compliance Unit of the IsDB
• Undertake in coordination with Compliance Unit all necessary activities to ensure tax compliance and optimize IsDB investment tax.
• In coordination with relevant Units, assist in all operational aspects relevant to the execution and implementation of investment transaction, including setting assets (Mysis) on internal and external systems (Fund Administrator), completing subscription agreements, plan and manage cash and liquidity requirements for the investment activities, instruct payments to fund accounts, process dividends and distributions etc.
• Work closely with the EFM Division and the Investment Fund Management Section to ensure the onboarding of new fund managers with the Global Custodian and assist the EFMs with onboarding requirements with the GCs.

Valuation and NAV Validation:

• Compile, validate and submit to FCD and Fund Administrator the valuations of all non marketable/private assets including the Net Asset Values (NAV) of private funds, the value of direct equity portfolio on a regular basis and ensure that the values are updated according to relevant policies and guidelines to ensure timely and up to date valuations are used in the Funds accounting records and facilitate the compilation of accurate compliance, risk, and performance reports.
• Assist in validating the Funds NAVs for the managed Funds including NAVs reconciliation between the GCs and EFMs.

Process:

• Assist in conducting Operational Due Diligence in conjunction with other Units within the Investment Department for new investments.
• Develop reporting templates including EWS analysis for all portfolios of the Investments Department.
• Maintain and ensure the compliance with operations manual and various internal processes and procedures.

Analytics:

• Maintain updates portfolio in internal systems and produce periodic portfolio analytic reports.
• Contribute to the periodic portfolio analytics reports by providing market data, outlook, asset class specific developments etc.
• Monitor periodically the compliance of the investment policy with various policies and guidelines.

Academic and Professional Qualifications:

• Bachelor’s degree in Economics/Finance/ Investments or related quantitative discipline.
• Minimum 8 years of experience in investment function, ideally within a Multilateral Development Bank, with at least 4 years’ experience in managing external funds.

Skills & Necessary Knowledge:

• Basic knowledge of Investment Markets in the relevant Asset Classes.
• Basic knowledge in quantitative methods for Investment Management
• Basic knowledge of Investment Management and Modern Portfolio Theory.
• Basic knowledge in Islamic Finance.
• Basic knowledge in Portfolio Performance and Risk Analysis
• Ability to adapt to changing business circumstances to maintain effective performance of the Section.
• High degree of confidentiality and protection of sensitive information.
• Ability to maintain a rational, objective and courteous demeanor when faced with stressful or emotional situations.
• Ability to carry out performance evaluations at the Section and direct report levels.
• Ability to plan and prioritize tasks effectively.
• Ability to influence others using rational arguments. Identify basis for compromise and reach an agreement.
• Ability to identify risks and implement necessary mitigation measures.
• Consistently work to a high standard and look for ways to improve current working practices and processes for the benefit of the Bank.
• Advanced report writing skills.
• MS Office, Fusion Invest, Power BI, SAP-FM and JIRA knowledge

Languages:

• English  Mandatory
• Arabic  Preferred
• French  Preferred

Source:  https://www.isdbcareers.com/careers/isdb/VacancyDetail.aspx?VacancyID=168658

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