Graduate Investment Operations Officer at Asset & Resource Management Holding Company

Asset & Resource Management Holding Company – Established in 1994 as an asset management firm, ARM offers wealth creation opportunities through a unique blend of traditional asset management and alternative investment services. We enable businesses to thrive, and help our clients to maximize their returns and realise their most important goals.

We are recruiting to fill the position below:

Job Title: Investment Operations Officer

Location: Ikoyi, Lagos, Nigeria

Job Summary

• The Investment Operations Officer is the primary interface between the investment department and all internal and external counterparties (Internally; Fund Accounts, Benefit Payments and Contributions Processing departments, and externally, all transaction counterparties and custodians).
• The Investment Operations Officer ensures compliance with the department’s standard operating procedures for all transaction processing and execution.
• S(He) has primary responsibility for ensuring transactions are settled and completed and that all documentations are in place and properly stored.
• In addition, the Investment Operations Officer is responsible for day to day administrative duties of the department e.g. maintaining and updating credit rating register, corporate actions register, Service Level Agreements with counterparties, portfolio exposure limits, counterparty exposure limits etc

Principal Duties and Responsibilities

• Confirm all previous day’s transactions and other expected inflows across all funds; advice portfolio management team as appropriate
• Maintain investment team archives; ensure all transaction justifications, instructions and confirmations are prepared and received when due and are filed correctly and easily retrievable
• Maintain and update archives of team strategy documents, agreements, policies etcetera
• Prepare daily investment and termination instructions
• Confirm daily contributions report;
• Update all equity, fixed income and money market investments;
• Prepare and maintain daily and monthly asset allocation update;
• Weekly collation of all investments;
• Conduct monthly reconciliation of team & fund account records/positions
• Conduct monthly equity reconciliation between Custodian and CSCS positions;
• Reconcile and follow up on outstanding dividends and bonuses with custodian, document and reportany outstanding and elicit periodic status updates from custodian;
• Prepare, update and maintain monthly counterparty exposures versus limits
• Prepare transaction compliance reports- Monthly equity transaction reports- Monthly primary market fixed income commission reports
• Portfolio Treasury Support – Support timely and efficient treasury management of all fund portfolios
• Ensure portfolio cash balances do not exceed internal limits- Ensure counterparty exposure limits are not exceeded in money markets
• Advise portfolio management team of cash availability & counterparty exposure limits early in day – Gather daily market interest rates and advise portfolio management team early in day

Requirements
Education and Experience:

• First degree in a numerate field; (preferably in Sciences, Engineering, Economics or Finance.)
• 0 – 3 years’ experience in support capacity at an investment/brokerage institution
• Strong interest in Global Financial Markets and keen intellectual curiosity
• Interest in enrolling in, and completing, the CFA program

Required Knowledge, Skills and Abilities:

• Strong proficiency in PowerPoint and Microsoft Excel and other MS Office applications
• Ability to develop/help others develop PowerPoint presentationsGeneric Skills
• Team player with the ability to think and act independently
• Outstanding written and oral communication skills
• Quick learner, comfortable dealing with ambiguous and fluid situations
• Ability to multi-task; juggle multiple deliverables and perform under very demanding conditions
• Independent, excellent attention to detail and organizational skills
• Superior analytical & critical thinking skills; ability to make good decisions when faced with complexdata
• High level of passion, integrity, creativity, inquisitiveness and self confidence

Application Closing Date
Not Specified.