Vp - Funding and Liquidity

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Arab Petroleum Investments Corporation Full time

DUTIES & RESPONSIBILITIES

  • Proactively extend support, together with the Senior Vice President - T&CM in Managing a high quality Fixed Income Mandate, Managed Funds & Equities in the Investment Desk within the parameters approved by the Board.
  • Extend active role in the Investment Desk in managing/outsourcing of Investment Management to top tier global Investment Banks and Asset Managers either by Discretionary Portfolio Management and/or through a Separate Managed accounts.
  • Jointly undertake an active role, together with SVP - T&CM in formulating & implementing the Department's investment strategy and contributing to the overall investment and asset allocation process in conjunction with the Managing Director - Treasury & Capital Markets.
  • Assisted the SVP - T&CM in formulating Investment Management Criteria for each external Managers for the portfolio to be managed; like returns, risk, drawdowns, capital protection, liquidity, and other investment guidelines etc.
  • Jointly screen Asset/Fund Managers for their ability to provide superior returns on a range of assets classes not limited to Equities, Funds and manage risk on the portfolios consistent with APICORP's approved guidelines.
  • Responsible in the preparation of monthly Credit Review Report, as well as the Weekly Spread Reports.
  • Assisted in maintaining a strategic asset-allocation model for implementation as directed, and ensure investment portfolios for trading readiness.
  • Actively support in developing entry & exit strategies for Equities & Funds based on strategic and short-term factors, including the implementation of a comprehensive investment plan, which encompasses and reflects the tactical views in driving the investment objectives.
  • Make periodic reports to reflect up-to-date views on present and future market conditions, as required.
  • Other report as required by the Managing Director - T&CM and also the SVP - T&CM.
  • Assist actively the SVP - T&CM in driving & developing a credible Medium Term Investment Strategy for Funds & Equity Portfolios taking into account the market cycles, return and risk profile for individual asset classes in various geographies and investment strategies.
  • With guidance of the SVP - T&CM, Benchmark Asset Managers performance with accepted index consistent with the mandate and with other Managers; including the fund allocation to be managed for each of the shortlisted managers/ mandates.
  • Carry out regular monitoring and surveillance of the investment portfolios. Suggest tactical shifts in the portfolio in consultation with Asset Managers to generate additional returns for the Corporation.
  • Conduct thorough due diligence to assess qualitative and quantitative aspects of a Fund Managers by Interviews, Conference calls and visits (where applicable) prior to investing.
  • Monitor performance of Fund Managers/Portfolios regularly and Conduct due-diligence for every Manager at least once a year.
  • Understand market conditions, individual risk drivers and current issues and their implications on the Corporation's P&L - bring to the attention of Managing Director - T&CM and/or Senior Vice President - T&CM on a timely basis for appropriate corrective measures.
  • Establish and maintain strong relationship with Investment & Fund Managers, regional/international brokerages, investment banks, and financial institutions covering various traditional and alternative investment markets.
  • Expand APICORP's contacts with the outside financial world & intermediaries in the Investment community for identifying new avenues for possible investment opportunities.
  • Support the Senior Vice President - Treasury & Capital Markets on reports for presentation to management and Board;
  • Ensure compliance with Managing Director - Head of Treasury & Capital Markets on administrative procedures of the Corporation.

Skills:

QUALIFICATIONS & SKILLS

  • A degree in Business/Economics/Engineering and an MBA or equivalent with finance major from a recognized University. A CFA/ FRM/CPA certification would be valuable.
  • A minimum of 15 years' experience


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