Employment Opportunities
Vacancy Announcement
Vacancy No.: VA106/2007
Job Title: 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 money and capital markets, major operators and technologies will be assigned to a wide range of duties relating to 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.
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- 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
- Advanced degree in Finance, Economics, Accounting, MBA with specialization in Finance or equivalent professional qualification such as CFA or CPA.
- 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 Competences
- Demonstrated teamwork skills as a team leader as well as member of the group, also with strong interpersonal and negotiation skills.
- Computer literacy, including computer skills in financial management software packages.
- 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 with people of different nationality and cultural backgrounds.