Senior Investment Portfolio Specialist, Public Markets

2 weeks ago

Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

To assist in the management of OCR and non-OCR funds through External Fund Managers under the supervision of the Lead Public Markets and Manager of External Funds Management (EFM) Division. The Senior Investment Portfolio Specialist, Public Markets will be responsible for complying with the risk parameters and return objectives contained within the IPSs of the Funds, at the asset-level aggregated portfolios and assist in implementing tactical allocation and rebalancing activities in line with the requirements and stipulations contained in the Funds respective IPSs to enhance returns. The Senior Investment Portfolio Specialist, Public Markets will be part of a team of front office professionals whose responsibilities include constructing (sub)portfolios for each eligible asset class to meet the Strategic Asset Allocation and researching, searching, due diligence and selecting the External Fund Managers to build and manage the target portfolios across all eligible Public asset classes including Public Equity, Sukuk, Money Market, Public Real Estate, Public Infrastructure, and Public Commodities. The Senior Investment Portfolio Specialist, Public Markets will be responsible for monitoring EFMs ensuring that the managers: 1) adhere to the underlying strategies (risk, compliance, style, exposure, objectives, and guidelines etc.); 2) deliver on their mandates; 3) flag any changes to the strategy, investment team, investment process, the fund management business etc.

Key Accountabilities

Strategic & Asset Management:

Supervise and offer guidance to the team managing the EFM portfolios for OCR and Non-OCR Funds and follow up and monitor the various External Fund Managers.

Assist in the development of the investment policy statements (IPS) for the Funds under the management of the Division in coordination with the Reporting and Operations Section and other dependency stakeholders.

Assist in the portfolios construction for each eligible asset class in the investment policy including public equities, private equities, real estate infrastructure, etc. Ensure diversification and manage risk of the portfolios by selecting complementary strategies, EFMs, and diversification across geographies and industries.

Assist in implementing TAA and rebalancing activities through existing EFMs, ETFs/ETCs, and new mandates to ensure compliance with IPS and improve returns. This requires coordinating with internal and external stakeholders.

Manager Search and Manager Research:

Undertake a rigorous manager search process, including qualitative and quantitative due diligence, to select suitable external asset managers to manage the funds within the parameters outlined in the investment policy statement.

Assist in setting performance expectations on financial returns based on the relevant benchmarks and closely monitor the performance of the external asset managers.

Perform ongoing manager research and maintain a list of potential new managers for future manager search. The Division will engage with new managers to assess, structure, and source new investment strategies which can enhance the investment returns of the Funds. The Division will also keep updated information and data on new market developments, new ideas, and opportunities in the alternative asset space.

Manager Monitoring and Evaluation:

Monitor EFMs against their mandated guidelines and risk parameters, evaluate the risk and performance of individual EFMs, including analysis on performance attribution including contributors and detractors to portfolio performance.

Meet frequently with investment partners and managers to understand fund holdings, investment performance, personnel changes, and market conditions.

Meet with market participants to understand evolving market opportunities and landscape.

Undertake comprehensive periodic evaluation of the EFMs based on the archived performance record every three years, with a midterm assessment, and submit retain, under watch or dismiss recommendations to Management.

Leadership Responsibilities:

Provide regular feedback on results at a division level, promptly addressing areas of underperformance.

Determine actions needed to increase the Division's performance and impact.

Support filling in key capability gaps of teams through capacity development and recruiting efforts.

Coach, mentor and develop the direct reports and the top talent/high potential staff in the Division.

Act as a role-model to communicate to the Division's staff, IsDB's values and leadership competencies and provide direction and support in times of change.

Academic and Professional Qualifications

Bachelor's degree in economics/finance/investments or related quantitative discipline.

Holding CAIAA/CFA/FRM certificates is preferred.

Minimum 8 years of experience in public equities investment management, IPOs, asset management/investment banking.

Skills & Necessary Knowledge

Advanced knowledge of investment markets in the relevant asset classes.

Advanced knowledge of investment management and modern portfolio theory.

Advanced knowledge in Islamic finance.

Advanced knowledge in portfolio performance and risk analysis.

Knowledge of macroeconomics.

Ability to adapt to changing business circumstances to maintain effective performance of the Department.

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 Division 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, SAP-FM, and JIRA knowledge.

Languages

French - Preferred

About Application Process

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

#J-18808-Ljbffr

  • Public Markets Portfolio Specialist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    The Islamic Development Bank is seeking a Senior Investment Portfolio Specialist, Public Markets to join its team of front office professionals. The successful candidate will be responsible for managing OCR and non-OCR funds through External Fund Managers under the supervision of the Lead Public Markets and Manager of External Funds Management (EFM)...

  • Investment Portfolio Specialist Lead

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    About the RoleThe Islamic Development Bank is seeking a highly skilled Investment Portfolio Specialist Lead to oversee investments across various asset classes, including public and private markets, through External Fund Managers.This critical role involves monitoring and conducting due diligence on investments, constructing portfolios, selecting External...

  • Senior Portfolio Analyst

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    The Islamic Development Bank is committed to excellence and innovation in investment management. We are seeking a talented and experienced Senior Investment Portfolio Specialist, Public Markets to lead our team of front office professionals.ResponsibilitiesLead the team managing EFM portfolios for OCR and Non-OCR Funds.Develop and implement investment...

  • Lead Investment Portfolio Specialist

    3 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    The role will be responsible for overseeing investments across asset classes, including public and private markets, through External Fund Managers. The Lead will monitor and conduct due diligence on the investments and will be part of a team responsible for constructing portfolios and selecting External Fund Managers. The Lead will advise on changes to...

  • Investment Portfolio Strategist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    The ideal candidate will possess a Bachelor's degree in economics/finance/investments or a related quantitative discipline, with a minimum of 8 years of experience in public equities investment management, IPOs, asset management/investment banking. Holding CAIAA/CFA/FRM certificates is preferred.Required Skills and QualificationsAdvanced knowledge of...

  • Equity Investment Manager

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    We are looking for a highly skilled and experienced Senior Investment Portfolio Specialist, Public Markets to join our team. As a key member of the front office, you will be responsible for managing OCR and non-OCR funds through External Fund Managers.Job DescriptionManage EFM portfolios for OCR and Non-OCR Funds.Develop IPS for Funds under the management of...

  • Senior Investment Advisor

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    Role OverviewThe Islamic Development Bank is seeking an experienced Investment Portfolio Specialist Lead to join its team and contribute to the bank's success.This critical role involves leading a team of investment professionals, overseeing the management of EFM portfolios, and developing investment strategies that align with the bank's goals.Lead a team to...

  • Portfolio Manager and Strategist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    ResponsibilitiesThe Investment Portfolio Specialist Lead will be responsible for leading a team of investment professionals, overseeing the management of EFM portfolios, and developing investment strategies that align with the bank's goals.Main responsibilities include:Leading a team to develop and implement investment strategies, policies, and...

  • Senior Investment Promotion and Regional Cooperation Specialist

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    IDB3336 - Senior Investment Promotion and Regional Cooperation SpecialistOperations- Global Practice & PartnershipDivisionNot ApplicableDepartmentCooperation & Capacity DevelopmentCountryLocationJob GradeE3Closing Date22-Jun-2024Job PurposeContribute to the development and implementation of IsDB's programs on improving investment promotion and economic...

  • Senior Marketing Specialist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia ntam Full time

    About the JobWe are seeking an exceptional Senior Business Development Specialist to join our team at ntam International Marketing Agency. As a key member of our commercial team, you will play a critical role in driving business growth and expanding our client portfolio.The ideal candidate will have a strong background in marketing agencies, excellent...

  • Senior Investment Strategist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    About the RoleThe Senior Awqaf Investment Specialist will contribute to the formulation and enhancement of policies and guidelines governing investments in the Awqaf Sector, aligning with the Islamic Development Bank's mandate. The role involves processing financing requests for Awqaf real estate projects, mobilizing resources, developing innovative...

  • Investment Management Specialist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    About the JobThe Senior Awqaf Investment Specialist plays a critical role in driving investments in the Awqaf Sector, ensuring alignment with the Islamic Development Bank's (IsDB) mandate. This role requires processing financing requests, developing innovative solutions, and overseeing the appraisal, monitoring, and reporting of Awqaf investments.The key...

  • Senior Investment Promotion and Regional Cooperation Specialist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    OverviewThe Islamic Development Bank (IsDB) is seeking a Senior Investment Promotion and Regional Cooperation Specialist to contribute to the development and implementation of its programs on improving investment promotion and economic cooperation among member countries.

  • Financial Portfolio Manager

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    Job DescriptionAs a Financial Portfolio Manager at the Islamic Development Bank, you will be responsible for identifying and developing new investment opportunities to drive maximum returns with minimal risk. This role requires thorough analysis and coordination with senior stakeholders to ensure all activities align with regulatory and risk control...

  • Investment Fund Specialist

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    Job OverviewThe Islamic Development Bank is seeking an experienced Investment Fund Specialist to join our team. In this role, you will be responsible for managing external funds and developing new investment opportunities to drive growth and minimize risk.Key ResponsibilitiesManage external funds and develop new investment opportunities.Conduct due diligence...

  • Awqaf Investment Expert

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    Job DescriptionThe Senior Awqaf Investment Specialist is responsible for driving investments in the Awqaf Sector, ensuring alignment with the Islamic Development Bank's (IsDB) mandate. This role requires processing financing requests, developing innovative solutions, and overseeing the appraisal, monitoring, and reporting of Awqaf investments.The key...

  • Marketing Portfolio Manager

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Freudenberg Group Full time

    Job OverviewWe are seeking a talented Marketing Portfolio Manager to join our team at Freudenberg Group in Saudi Arabia.Key ResponsibilitiesSupport the Head of Marketing in managing product portfolios, including commercialization, market growth, and profitability tracking.Implement product and pricing strategies, leveraging data analytics for consumer...

  • Marketing Portfolio Manager Saudi Arabia

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia Freudenberg Full time

    At Freudenberg, we are committed to delivering innovative solutions that wow your world. We are seeking a skilled Marketing Portfolio Manager to join our team in Saudi Arabia.Key Responsibilities:Support the Head of Marketing and/or Senior Marketing Manager in managing product portfolios, including commercialization, market growth, profitability tracking,...

  • Lead Asset Management Professional

    22 hours ago

    Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

    Job DescriptionThe Investment Portfolio Specialist Lead plays a vital role in shaping the bank's investment strategy, overseeing a team of professionals, and driving results.Main responsibilities include:Developing and implementing investment policies, strategies, and procedures.Leading a team to construct and manage investment portfolios, ensuring alignment...

  • Portfolio Manager Saudi Arabia Marketing

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia Freudenberg Full time

    Freudenberg is a leader in delivering cutting-edge solutions that exceed expectations. As a Portfolio Manager in Saudi Arabia, you will contribute to our company's continued success by developing and implementing strategic marketing initiatives.Key Activities:Develop and execute product portfolio strategies in collaboration with senior marketing...