Investment Officer

Vacancy Number: VA106/2013
Position: Investment Officer
Reports to: Treasurer

Job Profile

Under the general supervision of the Treasurer, the incumbent who is expected to have a thorough understanding of international capital markets as well as bank’s operational procedures and general market practices, will be assigned to a wide range of duties relating treasury and investment activities within the Treasury unit, Financial Operations department of OFID.

Duties and Responsibilities

In particular, the incumbent:  

• Monitors the investment activities of the external portfolio managers engaged by OFID, as well as manage and control a database of their operations.

• Conducts research on the developments in the international money and capital markets, undertake financial and economic analyses of these markets, as well as prepare research reports on these studies.

• Undertakes dealing operations in: securities, derivatives, foreign exchange and deposit markets, and carries out corresponding settlement activities and necessary accounting procedures.

• Prepares reports on the investment activities of OFID and external portfolio managers, as well as undertake statistical implementation of performance attribution techniques.

• Prepares management briefs for regular portfolio manager review consultations.

• Manages OFID’s overall risk strategy as well as develop risk measurement and risk management techniques. The incumbent also applies such techniques in managing OFID’s portfolio of loans in the public and private sectors, and, to its internally and externally managed portfolios.

• Proposes strategies for the minimization of the overall financial risks through control of country, currency and interest rate exposure.

• Sets necessary standards for thoroughness in quality control and make recommendations to strengthen transactions.

• Performs other duties as required by the Treasurer and the Assistant Director General, Financial Operations department.

Requirements

• Bachelor’s Degree in Finance, Economics or Accounting. Higher degree (MBA) or professional certification (CFA, CPA) will be an added advantage.

• Minimum of 7 years of relevant professional experience in portfolio management or treasury operations, particularly in foreign exchange and securities’ trading, acquired preferably from a reputable global bank or investment house.

Skills and Competencies

• Demonstrated teamwork skills

• Demonstrated strong interpersonal with excellent negotiation skills.

• In-depth understanding of foreign exchange, money and capital markets as well as extensive knowledge of derivative markets in futures, options and related instruments.

• Proven strategic planning and analytical abilities.

• Computer literacy (i.e. Microsoft Office and more specifically on Excel), familiar with financial management software packages, and Bloomberg Market Data Services.

• Excellent written and verbal communication skills in English, as well as working knowledge of at least one of these languages – Arabic, French or Spanish which is considered an added advantage.

• Ability to work in a multi-cultural environment.

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