Job Summary :

The incumbent is responsible for :

• The management of investment funds and client investment portfolios created by the Asset Management department.

• The achievement of budgeted performance objectives for the Funds/Portfolios under management in compliance with established policies, procedures, standards and regulatory requirements.

• The efficient and timely execution of transactions and for addressing questions or enquiries in connection with the funds/portfolios under his/her management.

Main Responsibilities :

• Contributes to the business development planning process in connection with the Investment fund management function.

• Contributes to the implementation of the business plan, with the aim of achieving set volume, revenue, and profit objectives.

• Focuses on the achievement of the associated Key Performance Indicators (KPIs) to be monitored periodically.

• Ensures the application of best market practice across all aspects of his/her portfolio management activities.

• Recommends appropriate pricing structures/ policies re: Investment fund management.

• Identifies new business opportunities in conjunction with the respective unit heads and thereby contributes to business growth.

• Operates within the targeted departmental budget and in accordance with individually-assigned investment activity parameters.

• Liaises with Group Operations re: the operational aspects of his/her investment activity.

• Implements KPI’s and best practices for “Vice President Investment”.

• Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.

• Act within the limits of the powers delegated to the incumbent.

Education and Experience Requirements :

• Bachelor degree in Business, Commerce, Finance, Mathematics or Economics.

• CFA or equivalent professional certification is a requirement.

• 12 years Fund/Portfolio Management experience, of which 3 years should have been in a similar role, preferably in the Arabian Gulf.

• Excellent verbal and written communication skills (including report writing) in English, with Arabic an added advantage.

• Ability to communicate confidently with all levels of management.

• Excellent interpersonal and presentation skills.

• Good knowledge of the Portfolio Management Business.

• Superior relationship management skills.

• Understanding and awareness of risk management concepts, techniques and practices.

• Understanding of the relevant laws, regulations and practices.

• Ability to make decisions and follow through with initiatives.

• Personal integrity and self-management.

• Outstanding problem solving and decision-making skills.

• Planning, organizing and analytical ability.

• Results-oriented.

• Strong analytical skills.

• Ability to participate in teams from diverse cultural backgrounds.