:Role : Associate Director - Asset Management Location : DubaiRole Purpose:Working with senior management of ADIB Capital\'s Asset Management Team to support in the development and management of investment funds and discretionary portfolios.Key Accountabilities of the role
Monitoring global markets and formulating investment ideas.
Identifying new investment managers who can support selected investment strategies.
Meeting with investment managers and preparing investment manager due diligence reports.
Review and monitor performance of investment managers.
Portfolio Management - Monitor client portfolios and trading screens. Generate investment recommendations for client portfolios as appropriate. Recommendations need to be supported by robust investment research and financial modeling.
Monitor portfolio holdings against investment limits and guidelines to ensure that there are no breaches.
Approve NAV calculations received from fund administrators and external managers.
Finalize information memorandums and other product offering documentation to support the launch of new products.
Review policies and procedures related to funds and other investment products.
Prepare client proposals and marketing materials to support the marketing of new and existing products.
Review and approve periodic factsheets related to all existing products which will be circulated to clients.
Approve payment authorizations and ensure that all product related dues are settled in a timely manner.
Work with legal advisors to finalize the agreements with various service providers and counterparties.
Liaise with the Sharia Advisors to obtain approvals on new products and issuances.
Develop periodic research reports on a wide range of topics that can be distributed to clients.
Address product related queries raised by stakeholders including Compliance, Sharia Advisor, Fund Board, Fund Administrator and Custodian.
Support to ensure that product related DIFC / DFSA filings are submitted in a timely manner in-line with the regulations.
Participate on sales calls to support business development efforts.
Attend to ad-hoc product related requests including drafting of resolutions, running sensitivity analysis and updating / amending documentation.
Specialist Skills / Technical Knowledge Required for this role:
Strong analytical skills with the ability to evaluate transactions and develop a comprehensive investment thesis.
Ability to manage negotiations with external parties (e.g., administrators, custodians, regulators)
Understanding of Sharia guidelines and restrictions in relation to financial services and products.
Capability to manage a transaction / product through its complete lifecycle (i.e. from conception to exit).
A team player with the capability to manager and mentor junior staff including associates and analysts.