- Career Opportunities
- Senior Portfolio Management Officer
Senior Portfolio Management Officer
Vacancy Number: 1523
Reports to: Director, Treasury
Deadline: Oct. 19, 2022
The Portfolio Management Officer performs the operational activities of the OPEC Fund’s Liquidity Portfolio (LIQP) investments and dealing operations, all in accordance with the institutional strategy and framework, to generate optimal return with the lowest possible risk.
Duties and Responsibilities
Policy development and implementation
- Contributes to the formulation of External Portfolio Managers (EPMs) investment guidelines.
Data collection and analysis
- Performs market research, financial and economic analysis, and prepares reports as required.
- Recommends investments in fixed income securities, derivatives, futures, foreign exchange and money market instruments within the approved rules, procedures and guidelines to contribute to the management of the Liquidity Portfolio (LIQP).
- Performs dealing operations, and carries out relevant portion of the settlement activities.
- Monitors investment activities of assigned OPEC Fund’s LIQP EPMs.
- Manages his/her respective portfolios/relationships.
- Executes transactions for internally managed portfolios, and monitors and analyzes the activities and performances of EPMs hired by the Fund, as well as banking and brokering counterparties.
- Provides analysis on EPMs’ investment strategies and performance, including reports on risk and performance attribution analysis.
- Prepares briefing notes on review meetings.
- Recommends list of banking counterparties, and monitors on an ongoing basis their credit standing.
- Monitors cash flow status, and provides regular updates through cash position reports.
Carries out other tasks assigned by the Director, Treasury that are related to the job function.
This role supports the Director, Treasury in achieving the strategic objective of ‘Ensuring financial sustainability’ and will be measured by the following KPI:
- Liquidity Portfolio Return (LPR)
Qualifications and Experience
- Master’s degree or equivalent in Business Administration, majoring in Finance/ Trade Finance/ Economics and Banking or other relevant fields .
- A minimum of five years relevant professional experience.
- Preferably at least 2-3 years at an international development finance institution.
- Fluent in English. Good working knowledge of Arabic, French, or Spanish is an added advantage.
- Extensive knowledge of financial markets / instruments / regulations, economic theories and relationships, valuation tools, etc. particularly as it relates to fixed income investing.
- Proficiency in Bloomberg, Excel, and other research/analytical tools.
- Strong attention to detail and high-level accuracy skills.
- Excellent verbal and written communication skills.
- Works collaboratively with colleagues to achieve organizational goals.
- Ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.
- Conscientious and efficient in meeting commitments, observing deadlines, and achieving results.