Senior Investment Principal

4 days ago


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

**About the Role:**

We are seeking an experienced Senior Investment Principal to join our team at the Islamic Development Bank. The successful candidate will be responsible for due diligence, deal selection & structuring the Financial Institutions' equity investment deals in accordance with the overall investment and risk guidelines.

Key Responsibilities:
  1. Assess the feasibility of investment opportunities and coordinate with Partnership Division/Regional Offices (ROs) and/or with other departments of ICD and external parties for identifying and sourcing relevant transactions as per the strategy and business plan of the Equity Department.
  2. Develop in-house methodology and expertise in nurturing Financial Institutions constituting the investment portfolio and monitor portfolio performance backed by effective project execution throughout its life cycle.
  3. Implement portfolio activities as per stated agreements and identify & escalate potential roadblocks or risks.
  4. Participate in entering new markets and expanding client base to cover new channels and entities to direct ICD financing to the private sector.
  5. Assist in developing new products to meet the requirements of ICD and its clients.
Requirements:

The ideal candidate should have a minimum of 6 years of relevant experience in Equity Investment related roles at a reputable financial institution, financial advisory firm, or private equity firm (or equivalent). A Bachelor's degree in Business Administration, Finance, Accounting or any other relevant STEM subject is required. A Master's degree in business administration, Finance, Accounting or any other relevant STEM subject or a relevant Professional Certification such as Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Chartered Islamic Bankers, Certified Public Accountant (CPA), Certified Equity Professional (CEP) or any relevant professional certifications is preferred.

The candidate should possess strong analytical and problem-solving skills, excellent communication and interpersonal skills, and the ability to work effectively in a team environment. Strong knowledge of Islamic finance products, equity valuation analysis and techniques, portfolio and investment management, exit strategies, distressed asset portfolio management and recovery/revamping plans, corporate governance practice & knowledge, FI analysis, macroeconomic understanding & analysis, business development, macroeconomic indicators and concepts are essential.



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