Fixed Income Strategist
1 week ago
Job Purpose
The Fixed Income Strategist will develop, maintain and enhance qualitative and quantitative bond analysis frameworks to identify and monitor attractive investment opportunities within the allocation to bonds set in the investment strategy and asset allocation. Additionally, they will generate regular and ad-hoc bond analysis reports covering both the internally managed and the externally managed fixed income allocations.
Key Accountability Areas and Activities
The key activities include, but are not limited to, the following:
- Develop, enhance and maintain quantitative analysis modules and apply them in order to identify attractive bond investment opportunities.
- Utilize primary and secondary analysis, research and due-diligence reports of investment firms, banks, and other external financial institutions in order to identify opportunities.
- Design and implement an internal rating system.
- Build a RAROC model for assessing the performance of the bond portfolio.
- Design models to measure the expected loss from bond exposures across various portfolios.
- Perform regular evaluation and monitoring of the rating of banks and financial institutions that the Fund deals with currently or may deal with in the future and recommend the appropriate dealing limits with each one of them based on the approved investment policy and guidelines.
- Prepare various investment research papers, studies and due diligence covering areas related to bonds in the internal portfolios, the external portfolios and financial markets in order to facilitate the decision-making process within the Department on matters related to the selection of bonds and bond managers.
- Assess and review characteristics from covenants and collateral included in bond issuance documentation.
- Support setting investment strategies, asset allocation, portfolio management, performance attribution and risk analytics.
- Acquire knowledge of fixed income markets, economic and financial analysis research, and portfolio management and investment strategy capabilities.
- Undertake thematic and sector research in the global fixed income markets and prepare related reports.
- Stay up to date with financial markets developments, including exchange rates, interest rates, money markets, bonds and fixed income securities, in order to consider the implications of these market movements on the Fund's investment activities.
- Minimum of 5 years of experience in banking or investment.
- Bachelor's degree in Investment Management, Engineering, Finance or a related field.
- Professional certification of CFA or equivalent is preferred.
- Excellent communication and writing skills in Arabic and English. French, as a third language, is a solid advantage.
Only shortlisted candidates will be contacted. #J-18808-Ljbffr
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