Associate - Asset Management

2 weeks ago


Dubai, Dubai, United Arab Emirates Abu Dhabi Islamic Bank Full time
Associate - Asset Management

Role :
Associate - Asset Management**
Location: Dubai

Role 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

  • Assist in conducting investment manager research and due diligence.
  • 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.
  • Compare portfolio holdings against investment limits and guidelines to ensure that there are no breaches.
  • Review NAV calculations received from fund administrators and external managers.
  • Draft information memorandums and other product offering documentation to support the launch of new products.
  • Draft 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.
  • Prepare periodic factsheets related to all existing products which will be circulated to clients.
  • Prepare 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 inline with the regulations.
  • File and maintain records of product related documentation inline with DFSA / DIFC regulations. Maintain the physical files, folders, audit log of reviews and approvals for record keeping.
  • Participate on sales calls to support business development efforts.
  • Undertake administrative tasks such as scheduling manager meetings and taking meeting notes.
  • Attend to adhoc product related requests including drafting of resolutions, running sensitivity analysis and updating / amending documentation.

Specialist Skills / Technical Knowledge Required for this role:

  • Robust understanding of investment structures, products and portfolios.
  • Strong financial modeling and presentation skills.
  • Understanding of DFSA / DIFC regulations.
  • Understanding of Sharia guidelines and restrictions
  • Ability to coordinate workstreams with multiple third parties (e.g., administrators, custodians, regulators, Sharia teams, etc)
  • A team player, detail oriented and comfortable working in a fast pace environment
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