Fixed Income, Senior Portfolio Manager

Summary :

The Senior Fixed Income Portfolio Manager will manage fixed income portfolios with the objective of producing superior risk-adjusted returns relative to liabilities and the relevant benchmarks while complying with investment guidelines, regulation, taxes and the business unit’s financial objectives.

Key Responsibilities :

• Perform the analysis and selection of fixed income securities for fixed income portfolios in order to outperform the benchmark(s)
• Analyse the creditworthiness of individual securities considering the economic prospects of the issuer, its cash flow generating ability and liquidity needs as well as other relevant factors in order to determine the suitability of potential new additions or existing holdings in the portfolio
• Exercise diligence, independence and thoroughness in analysing investments and taking investment actions in the best interest of the portfolio principals in order to outperform the benchmark, including the timing of investments and divestments
• Proficiency in responsible investment, and adherance to both internal and external (including regulatory) requirement.
• Support the implementation of Strategic Asset Allocation (SAA) and Tactical Asset Allocation (TAA) positioning, on the Fixed Income side
• Execute the trading activity, following the internal policies and procedures
• Provide regular reports and commentary on the investment activity
• Assist in the preparation of the material for the Local ALMICs and Boards
• Support the further development of the Life/Takaful products
• Participate in the product design by providing market intelligence

Qualifications :

• University or higher degree (preferably Finance or Economics
• PPKM/PKMC License
• CFA Charterholder or Candidate is an advantage

Knowledge :

• Experience of at least eight years (8+) in fixed income portfolio management in insurance companies, asset managers or banks
• Experience in credit reseach is a strong advantage
• Experience in Islamic Finance and Investments is an advantage Capital Markets / Investments
• Thorough understanding of the fixed income portfolio management activity
• Up to date knowledge of financial markets and instruments, especially fixed income
• Knowledge of financial statements analysis
• Knowledge of fundamental analysis of companies and the economic sectors in which they act and develop their activity.
• Knowledge of methodologies for credit rating assessment, and investment recommendations Insurance
• Understanding of ALM-driven investing
• Knowledge of RBC Framework, cash flow matching and Malaysia insurance regulation is an advantage

People Management Accountabilities :

No direct reports at this stage, however, we expect that an optimal candidate to possess the following interpersonal skills:

• Ability to initiate and implement change
• Team work
• Inspire others to excellence
• Act with integrity, maintains commitment to and accountability for quality results
• Excellent communications skills
• Capacity to lead projects

Technical Skills :

• Excellent communication skills in English (oral and written)
• Advanced communication skills in Bahasa (oral and written) an advantage
• Excellent skills in MS Office applications
• Experience using Bloomberg an advantage

Other Requirements :

• Very structured work approach, high attention to details and reliability
• Take responsibility for accuracy of own work
• Flexibility to move between topics and quick in reacting to ad-hoc queries
• Passion for learning
• Deadline driven