AVP, Investment (Fixed Income)

JOB PURPOSE

• Oversee and manage all investments within the GSSU related to fixed income and money market instruments. Develop and execute strategic recommendations and guidelines to enhance investment income, collaborating closely with the Head of Fixed Income, Head of Portfolio Management, and Group Chief Investment Officer. Execute, verify, and authorise daily money market transactions within established authority limits. Provide timely updates on market news and investment outlooks to the department. Monitor and supervise the investment portfolio to ensure alignment with departmental goals and compliance with procedures and guidelines.

JOB RESPONSIBILITIES

Recommend Optimal Investment Options

• Identify and propose the best investment options for daily surplus funds, including deposit placements and money market instruments, to the Head of Fixed Income, Head of Portfolio Management, and Group Chief Investment Officer to maximize fixed inco.me return’s and achieve departmental goals.

Prepare Investment Proposals

• Develop and present proposals for the purchase and sale of corporate bonds, Sukuks, and other fixed income instruments, whether for primary or secondary issuances.

Manage and Monitor Investments

• Invest, manage, and monitor company funds according to established investment procedures and guidelines, ensuring prudent management of assets.

Conduct Valuations

• Perform accurate monthly valuations of sovereign and corporate bonds/sukuks.

Assess Impairments

• Conduct regular impairment assessments for all fixed income portfolios on a monthly or quarterly basis.

Ensure Accurate Bookings

• Oversee the accurate recording of money market and fixed income transactions in the ANTARES System.

Ensure Compliance

• Adhere to investment policies and guidelines, monitoring compliance with bond and money market investment procedures. Report any compliance issues to management for approval.

Prepare Investment Papers

• Create special papers and proposals on investment strategies or products for GIMC, IMC, ICM, or ALCO meetings.

Analyze Investment Instruments

• Conduct analysis of corporate bonds, Sukuks, and sovereign bonds for the Head of Portfolio Management and Group Chief Investment Officer.

Report and Update

• Prepare daily reports and updates on bond market developments for the Group Chief Investment Officer and relevant teams.

Track New Issuances

• Stay informed about new market issuances of corporate bonds, Sukuks, and sovereigns, and participate in investor presentations by financial institutions or corporates.

Support Internal Information Requests

• Prepare and review information requested by other units and departments within the MNRB Group.

Mentor Junior Team Members

• Provide guidance and mentorship to junior team members, helping them develop research skills and financial market understanding.

Assist with Departmental Tasks

• Support the Investment department with tasks assigned by the Head of Fixed Income, Head of Portfolio Management, Group Chief Investment Officer, or Management.

QUALIFICATION & EXPERIENCE

Academic

• Degree in Finance / Business Administration / Accountancy/ Banking / Economics or equivalent

Professional

• Professional certifications such as CFA, ACCA, FRM, or equivalent would be an added advantage. Candidates who are actively pursuing these certifications are also encouraged to apply.

Experience

• At least 5 years of experience in credit research, fixed income portfolio management or related roles would be an added advantage. Strong understanding of credit markets and financial modelling.

TECHNICAL COMPETENCIES REQUIRED

Fundamental Competencies

• Knowledge of the Company & lts Business
• Knowledge of the lndustry (Capital Market)

Technical Skills

• Strong analytical skills with the ability to interpret complex data and make informed decisions
• Proficiency in Microsoft office — Word, Power Point and Excel
• Proficiency in system and research tools relevant to investment research — Bloomberg, BPAM, Macrobond, FactSet, Antares