For Recruiters

Deputy Manager, Asset Management

Arab Banking Corporation
Manama, Bahrain
Posted 2 days ago Permanent Competitive
R
Posted by
Ronza Saif
Recruiter
Actively Manage the Discretionary and Non-Discretionary Multiple Client Portfolios of a Diversified Range of Financial Products.

Responsibilities, Accountabilities and Deliverables:

  • Actively manage Non-Discretionary Client Portfolios, including : Day-to-Day Trading of Buying & Selling, Trading various government and corporate bonds, Rebalancing Positions, Funding Clients’ Deposits and Loans, Updating, Covering FX Positions, Answering and Filling Clients Orders, Corresponding and Meeting with Clients.
  • Cooperate in setting a Strategy of the Non-Discretionary client portfolios and cash allocations. Responsible in rebalancing client holdings and covering cash positions to meet the client's objectives. Corresponds with clients on cases related to their portfolio holdings. Attend Meetings with clients to discuss their portfolio performance and our future strategy of their portfolio with us.
  • Executes client orders on a range of diversified financial products including: Buy/Sell multiple kinds of Bonds and Stocks, Stock Options, Enhanced Deposit Options, Cash Deposits and Loans, Bond Futures, Executive Summary & Quarterly Reporting.
  • Participate in receiving orders from the Non-Discretionary Clients and place them in the market and follow-up with the executions. Prepare enough documents to the back-office for reporting purposes to the clients. Follow-up with clients and brokers for any outstanding or change or partial executions of the orders and fill them.
  • Corresponds with the Asset Management clients to work out their various needs of their portfolios with us, being financial, legal, operational, training, auditing or other needs that may arise between time and time, in addition, to liaising with client’s management and internally for the provision of training to the client’s staff.
  • Engage in discussing the clients’ needs directly with them, liaise with relevant departments or persons to seek a solution for the client needs. Follow-up with client to make their requests are being met satisfactory, or even suggest to client a different route of action.
  • Responsible for the revaluation of multiple client portfolios using Bloomberg and third parties sometimes, and correspond with clients, back-office and auditors for any discrepancies to be justified.
  • Prepare the Pricing Report for all clients on specific exact date, check all the prices are matched with multiple pricing sources,, recommend a different pricing source if the price available seems outliner or incorrect, and liaise with back-office to make sure the price differentials are reasonable and non-material.
  • Responsible for analyzing and reporting the Portfolio Characteristics and Statistics, and compare them with the relevant Index and current markets to conclude the strengths and weaknesses of Portfolios so to rebalance them accordingly or to outperform the Index.
  • Monitor and update a live spreadsheet to compare client holdings with market movers, Cooperate to set a strategy of rebalancing after reading market directions, execute strategy rebalancing without violating investment guidelines, and weigh the new allocation performance and compare it with that of the Index.
  • Follow up on various corporate actions & making sure are dealt with accordingly and within the required deadlines. 
  • Monitor and update the daily emails from the back office and making sure everything is up to date. 

Job Requirements:

Knowledge: 

  • Minimum of 3 to 5 years’ experience in Financial Markets preferably in Asset/Portfolio Management.
  • Analytical / Investment analysis in Quantitative and Quantitative knowledge of different asset class such as Equities and Capital Markets. 

Education / Certifications:

  • A minimum of a Bachelor’s Degree in Accounting/Finance. Any professional qualification such as IMC, CAIA, CFA would be a plus.

Experience:

  • Portfolio Management of Equity & Fixed income non-discretionary. Accounts. Also worked in marketable securities and was responsible for client reporting, transactions, income and keeping accurate and up to date records of their cash and securities. Responsible for daily P/L, accrued interest and amortization accounts related to proprietary holdings. Communicated with clients on a daily basis sending transaction and income advice as well as trade confirmations.

Personal Attributes:

  • The ability to learn quickly, take initiative and self-motivate myself. Able to work independently, exceptionally long hours and under pressure to meet deadlines. Excellent communication skills, Excel, Word and PowerPoint skills. 

Language Skills :

  • Bilingual (Arabic & English) is a must.
More Jobs From Arab Banking Corporation
Arab Banking Corporation
AVP, Strategy
Arab Banking Corporation
Manama, Bahrain
about 20 hours ago Full time Competitive
Arab Banking Corporation
Vice President, Financial Crime Compliance Advisory
Arab Banking Corporation
Manama, Bahrain
about 20 hours ago Full time competitive
Arab Banking Corporation
AVP, Policy and Portfolio Review
Arab Banking Corporation
Manama, Bahrain
about 21 hours ago Full time competitive
Arab Banking Corporation
Head of Trade Finance Operations
Arab Banking Corporation
Manama, Bahrain
2 days ago Full time Competitive
Arab Banking Corporation
Group Credit Analyst
Arab Banking Corporation
Manama, Bahrain
2 days ago Full time Competitive
Arab Banking Corporation
Vice President, Remedial Loans Unit
Arab Banking Corporation
Manama, Bahrain
2 days ago Full time competitive
Arab Banking Corporation
HR Generalist
Arab Banking Corporation
Singapore
2 days ago Full time Competitive
Arab Banking Corporation
Credit and Risk Manager
Arab Banking Corporation
Singapore
2 days ago Full time competitive
Arab Banking Corporation
Relationship Manager, Islamic Banking (DIFC)
Arab Banking Corporation
Dubai, United Arab Emirates
3 days ago Full time Competitive
Arab Banking Corporation
Head of Risk
Arab Banking Corporation
Singapore
3 days ago Full time Competitive
Recommended Jobs
Arab Banking Corporation
AVP, Strategy
Arab Banking Corporation
Manama, Bahrain
Arab Banking Corporation
Head of Trade Finance Operations
Arab Banking Corporation
Manama, Bahrain
Arab Banking Corporation
AVP, Policy and Portfolio Review
Arab Banking Corporation
Manama, Bahrain
Madison Pearl
VP Market Risk
Madison Pearl
Manama, Bahrain
Arab Banking Corporation
Group Credit Analyst
Arab Banking Corporation
Manama, Bahrain