Senior Investment Portfolio Specialist, Public Markets

IDB3429 - Senior Investment Portfolio Specialist, Public Markets

Business Unit: Finance & CFO
Division: External Funds Management
Department: Investments Management
Country: Saudi Arabia
Location: Saudi Arabia - Jeddah
Job Grade: E3
Closing Date: 08-Feb-2025

Job Purpose

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 will be part of a team of front office professionals responsible for constructing (sub)portfolios for each eligible asset class to meet the Strategic Asset Allocation. This includes 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 will also be responsible for monitoring EFMs ensuring that the managers: 1) adhere to the underlying strategies (risk, compliance, style, exposure, objectives, and guidelines), 2) deliver on their mandates, and 3) flag any changes to the strategy, investment team, investment process, or fund management business.

Leadership Responsibilities:

1. Providing regular feedback on results at a division level, promptly addressing areas of underperformance.
2. Determining actions needed to increase the Division’s performance and impact.
3. Supporting filling in key capability gaps of teams through capacity development and recruiting efforts.
4. Coaching, mentoring, and developing the direct reports and the top talent/high potential staff in the Division.
5. Acting 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, or Investment Banking.

Skills & Necessary Knowledge

1. Advanced knowledge of Investment Markets in the relevant Asset Classes.
2. Advanced knowledge of Investment Management and Modern Portfolio Theory.
3. Advanced knowledge in Islamic Finance.
4. Advanced knowledge in Portfolio Performance and Risk Analysis.
5. Knowledge of Macroeconomics.
6. Ability to adapt to changing business circumstances to maintain effective performance of the Department.
7. High degree of confidentiality and protection of sensitive information.
8. Ability to maintain a rational, objective, and courteous demeanour when faced with stressful or emotional situations.
9. Ability to carry out performance evaluations at the Division and direct report levels.
10. Ability to plan and prioritize tasks effectively.
11. Ability to influence others using rational arguments, identify basis for compromise, and reach an agreement.
12. Ability to identify risks and implement necessary mitigation measures.
13. Consistently work to a high standard and look for ways to improve current working practices and processes for the benefit of the Bank.
14. Advanced report writing skills.
15. MS Office, SAP-FM, and JIRA knowledge.

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

1. Resume/CV
2. Academic Certificate
3. Copy of Passport