Investment Department Coordinator

2 days ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
About the Position

We are seeking a highly skilled Investment Department Coordinator to join our team. As a key member of our Investment Department, you will be responsible for coordinating the investment activities, including processing and settling all manual or system transactions related to Non IFI direct equity investment, External investment funds & Mission driven investment.

Your primary focus will be on ensuring efficient and error-free processing of all treasury transactions with strict compliance to policies and procedures. You will also be responsible for handling all kinds of queries and payment requests received from the Investment Department, as well as following up on payment execution to ensure timely processing.

To succeed in this role, you will need to possess excellent analytical and problem-solving skills, with the ability to work effectively in a fast-paced environment. You should have a strong background in finance and accounting, with a minimum of 5 years' experience in cash management operations.

Key Responsibilities

  • Coordinate the investment activities, including processing and settling all manual or system transactions related to Non IFI direct equity investment, External investment funds & Mission driven investment.

  • Ensure efficient and error-free processing of all treasury transactions with strict compliance to policies and procedures.

  • Handle all kinds of queries and payment requests received from the Investment Department.

  • Follow up on payment execution to ensure timely processing.

  • Liaise with Inv. and IMDT to set up and enhance the appropriate system set ups and workflows for all Inv. Back office related payments.

  • Perform end of day reconciliation on cash balances and securities held with Global Custodians.

  • Troubleshoot any operational issues within the Inv. BO operations.

Requirements

  • Bachelor's degree in Banking, Finance, Accounting, Business Administration or related discipline.

  • Minimum 5 years' experience in finance and accounting.

  • Excellent analytical and problem-solving skills.

  • Strong background in cash management operations.

  • Ability to work effectively in a fast-paced environment.



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