Investment Manager

Job Purpose :

The job holder is responsible to manage overall Company investment portfolio, execute investment strategy, seek out new opportunities, and recommend changes in investments to manage risk and generate targeted rate of return.

Key Responsibilities & Accountabilities:
Investment Operations:

• Prepares the investment plan/strategy considering various assumptions and market trends.
• Liaises with banks and financial institutions regarding investments to get the best possible returns
• Analyses and evaluates the investment opportunity received based on the internal criteria for assessment
• Performs the research and keeps a tap on the Investment market to find the relevant investment opportunities.
• Evaluates the risks and potential returns associated with investment opportunities and makes recommendations based on the evaluation.
• Assists EVP
  - Investments in due diligence of new investment opportunities. Conduct due diligence on several investment proposals for equities, bonds, funds, ETFs and direct investments by doing business valuations using DCF, Relative Valuations, EVA, NAV and IRR techniques
• Recommends the investment entry or exit to the relevant investment financial authority.
• Prepare monthly investment status reports for onward submission to the senior management
• Reviews the monthly reconciliation reports and provides feedback and ensures the calculation is accurate
• Reviews the investment and property expenses reports periodically.
• Monitors and tracks the breach of investment limits (both internal and regulatory) and report the breaches to the EVP-Investments
• Complies with Insurance Authority's financial regulation relating to investments and complete E-Forms within the deadline with zero errors
• Reviews the accuracy of data entered in IMSPlus
• Assess investment property valuation firms, asset managers, fund administrators and custodian, after conducting thorough due diligence and a comprehensive RFP process.
• Monitor performance of discretionary equity and fixed income portfolios given to multiple local and foreign listed equity asset managers and fixed income fund managers on a monthly basis and schedule regular calls and meetings with PMs/FMs to appraise their strategies and performance.
• Develop composite benchmarks using multiple targeted indices weighted to mimic the strategic asset allocation. Prepare and present exception reporting and commentary on a quarterly basis to EVP
  - Investments to explain the variances and suggest corrective action if needed.
• Responsible for liaising and managing relationships with internal and external auditors, credit rating agencies, asset managers, investment banks, custodians and fund administrators.

Risk Management:

Ensure that portfolio allocations and risk limits remain within the agreed SAA, tolerances set by the IC and within IA’s investment regulations limits.

Monitor credit ratings of all investments on a regular basis and appraise EVP
- Investments of any imminent changes to credit risk of any instrument to ensure that the average credit profile of the portfolio does not change and there is no material impact of ECL provisioning on investment P&L.

Set up all quoted portfolios on Bloomberg to calculate VAR and to run simulations needed for quarterly stressing testing exercises.

Cash Management:

Plans, organizes, manages, and monitors cash assets and their performance to achieve organization’s objectives.

Maximizes return on investment cash and deposit placements while managing credit risk and counter party concentration risk.

Monitors the cash flow status on regular basis to ensure that funds are available for making all necessary payments

Prepares Daily Cash Position relating to investments to check if funds are available for making all necessary payments and…