Portfolio Management Officer

Job Profile:

The Portfolio Management Officer supports the management of OPEC Fund’s fixed income Liquidity Portfolios to ensure capital preservation, liquidity, and sustainable returns in line with the Fund’s approved policies and objectives.

Duties and Responsibilities:

Portfolio management 

• Formulates and presents investment recommendations in fixed income securities, derivatives, foreign exchange and money market instruments in line with approved policies and guidelines, contributing to the efficient management of the Liquidity Portfolio (LIQP)
• Executes dealing operations for internally managed Treasury portfolios as well as hedges related to OPEC Fund’s loan portfolio and balance sheet
• Supports OPEC Fund’s ECP issuance and repo activities for short-term liquidity management
• Maintains and develops relationships with portfolio management and related business partners including but not limited to deposit counterparties, brokers/dealers and derivative/Forex counterparties
• Supports the implementation and enhancement of Treasury portfolio management infrastructure

Data collection and analysis 

• Performs market research, financial and economic analysis, and prepares reports as required

Monitor and Reporting

• Tracks and manages OPEC Fund’s cash flow status, cash position and overall liquidity position
• Ensures compliance with relevant risk limits, including but not limited to single counterparty, sector, and foreign exchange (Forex) limits, etc.
• Performs ongoing evaluation of treasury counterparties’ credit standing
• Conducts ongoing monitoring and performance assessment of banking and broking counterparties
• Coordinates front office activities with the Financial Management Function of Treasury which performs reporting
• Monitors and analyzes External Portfolio Managers’ investment strategies and performance, including risk and performance attribution reporting

Policy development and implementation

• Contributes to the formulation/development of portfolio management related guidelines and policies for internal and external managed portfolios  

Carries out other tasks assigned by the Head of Portfolio Management, or Treasurer, that are related to the job function.

Qualifications and Experience:

• Master’s degree in Business Administration, Finance, Business, Economics and Banking or a closely related field
• A minimum of five (5) years of direct relevant professional experience, of which two to three (2-3) years should have been in an international financial institution
• Strong familiarity with portfolio management theory and practice is required
• Strong analytical skills with extensive experience interpreting financial data
• Demonstrated expertise in trading and hedging
• Proficiency in Bloomberg Terminal and MS Office suite, including Word, Excel and PowerPoint
• Database related programming skills (SQL, JAVA, Python, Power BI and etc.) are an added advantage
• Proficiency in data management and analysis tools is required
• Strong analytical and reporting skills are essential
• Familiarity with MDB investment guidelines, strategies, and reporting requirements is an added advantage
• Fluent in English. Good working knowledge of Arabic, French, German or Spanish is an added advantage.

Competencies:

• Subject Matter Knowledge - The in-depth understanding and expertise in specific fields relevant to the OPEC Fund's operations and the individual's role.
• Ability to Work Under Pressure - The capacity to remain composed, focused and productive when facing tight deadlines, high-stakes situations and demanding workloads.
• Collaboration and Teamwork - The ability to effectively work with colleagues, stakeholders and partners to achieve shared goals.
• Communication - The ability to relay ideas, information and messages effectively and succinctly to a variety of audiences.
• Customer Centricity  - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. 
• Cross-Cultural Sensitivity - The ability to take into account the variety of the human experience and how it contributes to the workplace and to demonstrate  respect for diverse cultures and viewpoints.
• Decision making - The ability to analyze information comprehensively to make well-informed decisions; assess both immediate and long-term ramifications. 
• Effective Planning and Follow Up - The ability to set clear goals and priorities; skillfully organize tasks for efficiency; consistently follow through on commitments and plans. 
• Problem Solving Ability - The ability to identify issues adeptly, delve into root causes, and devise pragmatic solutions; demonstrate ingenuity and resourcefulness in overcoming challenges. 
• Sense of Responsibility - The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities. 

Leadership Competencies:

• Leadership & People Management - The ability to guide and empower team members effectively; cultivate a positive work climate; delegate tasks skillfully and nurture team members' growth. 
• Results Orientation - The ability to set ambitious targets for self and the team; drive progress toward objectives; initiate actions to achieve desired outcome, 
• Creativity, Initiative & Innovation - The ability to nurture novel concepts and inventive approaches; take calculated risks to foster innovation; identify chances for process enhancements and expansion. 
• Trustworthiness, Ethics & Governance -The ability to act with integrity and transparency; safeguard confidentiality; demonstrate ethical decision-making and interactions; to adhere to organizational regulations and ethical benchmarks, foster a culture of compliance and strong governance; ensure team members understand and adhere to protocols. 
• Business Alignment - The ability to align team objectives and undertakings with broader organizational aims; make decisions contributing to the organization's strategic direction.