Description:
The incumbent is responsible for the management of investment funds and client investment portfolios created by the Asset Management department. also, responsible for :
- The achievement of budgeted performance objectives and for the Funds/Portfolios under the incumbent 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, Asset Management Strategy”.
- 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 University graduate 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.
- 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 backgroun