About Khazanah Nasional (“Khazanah”)
Khazanah is Malaysia’s sovereign wealth fund that was established in 1994 with a mandate to invest and deliver sustainable value for Malaysians. We strive to find balance between growing financial returns with appropriate risk-adjusted financial returns and developmental investments that deliver identified socio-economic impact to benefit future generations.
By joining us, you will be working in an environment that upholds core values of professionalism, diligence, teamwork, integrity, and mutual respect. We offer a dynamic, intellectually rigorous, and growth-oriented environment for your personal and professional growth.
Who we are: CIO Office
The CIO Office was established to institutionalize performance management and stewardship of the Portfolio as well as enhance capabilities of the Investments Division in Khazanah. There are 6 units within the CIO Office:
- Performance Reporting and Analytics (‘PRA’)
- Investment Strategy & Asset Allocation (‘ISAA’)
- Investments Monitoring (‘IM’)
- Stewardship
- Investments Compliance
- Division Administrative Support
The CIO Office is the strategic and operational engine room of the Investments Division in Khazanah.
What is Investment Monitoring?
Investment Monitoring is a systematic process involving analysis, evaluation, and oversight of the portfolio.
In Khazanah, the Investment Monitoring provides insights to the Senior Management team on Khazanah’s direct-holding portfolio to ensure alignment with investment thesis in achieving sustainable long-term returns and/or strategic goals.
Who do we seek: Values and Characteristics
We are looking for individuals who possess the following criteria:
- High level of integrity
- Intellectual curiosity & open-mindedness
- Flexible, dynamic, and agile individuals
- Big picture & detail-oriented
- Emotional intelligence and awareness
- A team player
- Know-how and strong interest in one or more of the following areas:
- Understanding of capital market dynamics, macroeconomics, and geopolitics
- Multi-sector knowledge, particularly those occupied by our GLCs
- Investment strategy for global institutional investors and asset managers
- Organizational changes, design, and strategy
What you will be doing:
A. Reporting & Review
The WHAT: IMU operates as a control tower to provide an overview of the direct-holdings portfolio to the oversight committee monthly. Some of the key deliverables are:
- Form an independent view on direct holding companies based on independent research and dashboard inputs updated monthly by the Investment teams.
- Review and synthesize monthly dashboard submitted by Investment teams and report on key updates to the relevant committee and for inputs to update reports.
- Provide quarterly analysis on ex-post and ex-ante dividend and earnings of portfolio companies.
- Track Value Creation Plans outlined by Investment teams to ensure execution is on track while identifying any challenges faced to facilitate escalation to the relevant committee.
- Review Investment teams’ submission for annual cashflow planning and KPI, and track progress of portfolio turnover for inputs to the overall planning process.
- Review the progress reports of investment programmes.
B. Value Creation & Monetisation
The WHAT: With oversight of the portfolio value at risk, IMU monitors Value Creation Plans by:
- Discuss and assess value creation for the portfolio, particularly for the direct holding portfolio.
- Monitor progress, valuation, time horizon, and exit planning for the direct holdings in the portfolio.
- Work closely with Investment teams to analyze potential impact to portfolio companies and derive insights to facilitate relevant decision-making.
C. Other Responsibilities
- Review guidelines and practices for portfolio management and monitoring, as well as reporting process.
- Participate in internal and external business meetings to provide coordination support on cross-divisional initiatives regarding the Investments portfolio.
- The Assistant Vice President is expected to work closely with the Senior Vice President on multiple touchpoints within and outside the Investments divisions.
What are the minimum Qualifications and Requirements:
- Degrees in Science-based / Social science-based fields are preferred; non-Science-based are still welcomed to apply subject to past exposure and may require more years of experience in the relevant field.
- At least 2 years of relevant working experience (i.e. Public equity buy/sell side; Asset management (i.e. private equity/infrastructure funds).
- Possess or exam candidates for CFA / CIPM would be advantaged.
- Appreciation of various business/macro-economic philosophies (i.e. State Entrepreneurialism – Mariana Mazzucato, Lead & Disrupt – Michael L. Tushman); would be a plus.
- Soft skills needed: Strong verbal/written communication; Good presentation skills; High tolerance for nuances. Think along the lines of Assertive Diplomacy.
We encourage and value applications from all backgrounds, identities, and experiences whereby all qualified candidates will be assessed in a fair and equitable manner. Our employment decisions are based on merit, business needs, and job requirements.