Investment Operations Manager at AIICO Insurance

Job Summary

• We are on the lookout for a detail-oriented Investment Operations Manager.
• This role is pivotal in overseeing our daily investment operations, ensuring compliance with industry regulations, and driving financial growth.
• The Investment Operations Manager is the primary interface between the investment department and all internal and external counterparties

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 etcetera
• Prepare daily investment and termination instructions
• 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 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.

Requirements and Qualifications

• Bachelor's Degree / HND in any field, preferably Finance or Accounting
• Minimum of 3 years' experience in investment operations or a related role.
• Strong proficiency in PowerPoint and Microsoft Excel and other MS Office applications
• Excellent analytical and problem-solving skills.
• Strong leadership and team management abilities.
• Exceptional communication and presentation skills.
• Good relationships in the investment management industry
• Ability to multi-task; juggle multiple deliverables and perform under sometimes demanding conditions
• Independent, excellent attention to detail and organizational skills.