Job Summary

The Assistant Vice President, Asset Management Middle Office / Performance & Risk Analyst is responsible for calculating, analyzing, and reporting portfolio performance and risk metrics across QNB Asset Management’s investment products. The role includes preparing customized client performance reports, supporting benchmark comparisons, conducting attribution and transaction cost analysis, and maintaining consistency with performance standards such as GIPS. This role collaborates closely with investment teams, product specialists, and compliance to ensure that reporting is accurate, insightful, and aligned with internal and regulatory requirements.

Main Responsibilities

A. Shareholder & Financial:

- Calculate portfolio performance and risk across asset classes and benchmark against strategic targets

- Conduct performance & risk attribution analysis, identifying contributions from asset allocation, security selection, currency, and style factors

- Build customized reports based on client requirements

- Generate and interpret risk-adjusted return metrics (e.g., Sharpe ratio, alpha, beta, tracking error, volatility)

- Analyze fund expenses, transaction costs, and fees to support transparency and cost benchmarking

- Collaborate with investment managers to optimize fund structures based on historical performance trends

- Maintain and improve performance measurement tools, templates, and data pipelines

- Prepare composite performance summaries in compliance with GIPS reporting standards

- Contribute to automation and quality control for recurring client and internal reports

- Implements KPI’s and best practices for Assistant Vice President, Asset Management Middle Office

- Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.

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

B. Customer (Internal & External):

- Maintain up-to-date knowledge of performance attribution models, risk metrics, and fund structures

- Continuously develop reporting skills using advanced Excel, SQL, VBA, and BI tools

- Participate in internal workshops and cross-functional sessions with Product, Investment, and Business Control teams

- Support the team in adopting automation tools and improving dashboard visualizations

- To assist customers in all their queries on Bank’s product and seek solution to their requests.

- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.

- Build and maintain strong/effective relationships with related departments/units to achieve the Group’s objectives.

- Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.

C. Internal (Processes, Products, Regulatory):

- Collaborate with Investment Management and Product to ensure accurate, relevant reporting

- Work closely with Trade Support & Data, and Business Control to ensure data inputs meet regulatory and internal guidelines

- Proactively flag data discrepancies, outliers, or reporting exceptions

D. Learning & Knowledge:

- Proactively identify areas for professional development of self and undertake development activities.

- Seek out opportunities to remain current with all developments in professional field.

E. Legal, Regulatory, and Risk Framework Responsibilities:

- Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).

- Understand and effectively perform your role under the Three Lines of Defense principle to identify measure, monitor, manage and report risks.

- Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.

- Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements.

- Maintain appropriate knowledge to ensure full qualification to undertake the role.

- Complete all mandatory training provided by the Bank, attain, and maintain the required levels of competence.

- Attend mandatory (internal and external) seminars as instructed by the Bank.

F. Other:

- Ensure high standards of data protection and confidentiality to safeguard commercially sensitive information.

- Maintaining utmost confidentiality concerning customer and internal bank information obtained during the course of business and provide such information on a need-to-know basis only to Senior Management of QNB, Audit and Compliance functions, and relevant Regulators.

- Maintain high professional standards to uphold QNB's reputation and to strengthen its market leadership position.

- All other ad hoc duties/activities related to QNB that management might request from time to time.

Education and Experience Requirements

- Bachelor’s degree in Finance, Mathematics, Economics, or related quantitative field

- CFA Level I or CIPM (Certificate in Investment Performance Measurement) preferred

- Minimum of 10 years of experience in performance analysis, risk attribution, or investment operations in asset management or financial services

- Proficiency in performance measurement tools, GIPS reporting frameworks, and attribution methodologies

- Hands-on experience with Excel, Python, SQL, or BI tools (e.g., Power BI, Tableau)

- Deep understanding of performance attribution, benchmark alignment, and client reporting

- Knowledge of risk-adjusted return metrics and investment mandates

- Ability to translate complex data into clear client-facing insights

- Excellent oral and written communication skills (including report writing) in English and Arabic.

- Good interpersonal and presentation skills.

- Understanding of the relevant laws, regulations, and practices.

- Ability to make decisions and follow through with initiatives.

- Personal integrity and self-management.

- Planning, organizing, and analytical ability.

- Results oriented.

- Strong analytical skills and the ability to communicate both verbally and in writing with all levels of management.