• Application Deadline: Mon, 14 Feb 2022 00:00:00 GMT
• Position: Investment Operations Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 0 - 3 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

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 will ensure compliance with the department’s standard operating procedures for all transaction processing and execution.


• S(He) will have 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 will be responsible for the 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.

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 etc


• 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 report any 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

Minimum Qualifications

• First Degree in a numerate field; (preferably in Sciences, Engineering, Economics or Finance.)


• 0 - 3 Years experience


• Interest in enrolling in, and completing, the CFA program


• Strong interest in Global Financial Markets and keen intellectual curiosity

Competencies:

• Team working


• Integrity


• Creative


• Critical-thinking


• Attention to Detail


• Decision-making


• Microsoft Excel


• Microsoft Powerpoint


• Analytical Thinking


• Professional Confidence


• Communicating Effectively.