Investment Operations Manager at Amy Consulting

Overview

• The Investment Operations Manager is responsible for overseeing the end-to-end operational processes related to investment activities, ensuring accuracy, efficiency, and compliance with regulatory standards.
• Reporting directly to the Chief Operating Officer (COO), this role involves managing trade settlements, reconciliation, corporate actions, and operational risk controls.
• The ideal candidate will have strong expertise in investment operations, middle-office functions, and process optimization, with a focus on supporting portfolio managers and enhancing operational workflows.

Key Responsibilities
Trade Execution & Settlement Oversight:

• Supervise trade confirmation, matching, and settlement for fixed income, money market instruments, and other securities.
• Ensure timely and accurate processing of primary and secondary market transactions (T-bills, commercial papers, bonds).
• Liaise with custodians, brokers, and counterparties to resolve settlement discrepancies.
• Monitor failed trades and implement corrective actions.

Reconciliation & Data Integrity:

• Perform daily/weekly cash and position reconciliations between internal records, custodians, and fund administrators.
• Investigate and resolve breaks in holdings, NAV calculations, and transaction records.
• Maintain accurate security master data, pricing, and corporate action records.

Corporate Actions & Income Processing:

• Oversee processing of dividends, coupon payments, maturities, and bond redemptions.
• Monitor mandatory/voluntary corporate actions (e.g., bond calls, tenders) and ensure proper execution.
• Coordinate with custodians and registrars to ensure accurate entitlement postings.

Operational Risk & Compliance:

• Implement and enforce operational controls to mitigate risks (e.g., trade errors, fraud, settlement fails).
• Ensure compliance with SEC Nigeria, CBN, and internal policies (e.g., anti-money laundering, KYC).
• Prepare reports for internal audits, regulators, and the COO.

Process Improvement & Technology:

• Identify inefficiencies in investment workflows and propose automation solutions (e.g., straight-through processing).
• Collaborate with IT to enhance portfolio management systems, reconciliation tools, and reporting dashboards.
• Document operational procedures and train staff on best practices.

Fund Accounting & Reporting Support:

• Assist in NAV calculation, expense accruals, and performance reporting.
• Validate accuracy of client statements, regulatory filings, and investor reports.
• Support the COO in month-end/quarter-end closing processes.

Team Leadership & Cross-Functional Coordination;

• Manage a team of operations analysts and settlement officers.
• Work closely with portfolio managers, risk, compliance, and finance teams.
• Serve as the primary liaison for external auditors, custodians, and technology vendors.

Key Performance Indicators (KPIs)

• Trade settlement accuracy rate (target: 99.9%).
• Reconciliation breaks resolved within 24 hours.
• Reduction in operational errors/process lags.
• Compliance with regulatory reporting deadlines.

Qualifications & Experience
Education:

• Bachelor’s Degree in Finance, Accounting, Business Administration, or related field.
• Professional certification (e.g., ACA, ACCA, CIS, CFA) is a plus.

Experience:

• 5+ years in investment operations, middle office, or fund administration (asset management, brokerage, or custodian bank).
• Deep knowledge of fixed income/money market instruments and their operational lifecycle.
• Familiarity with SEC Nigeria/CBN regulations and global best practices (e.g., ISDA, SWIFT messaging).

Technical Skills:

• Proficiency in Bloomberg, Excel (advanced), and portfolio management systems (e.g., SimCorp, Charles River).
• Experience with SWIFT, custodian platforms (e.g., Euroclear, Clearstream), and reconciliation tools.
• Strong understanding of CSD operations (e.g., FMDQ, NGX).

Soft Skills:

• Exceptional attention to detail and problem-solving abilities.
• Ability to work under pressure and meet tight deadlines.
• Strong communication and stakeholder management skills.

Work Environment & Compensation

• Full onsite work model.
• Competitive salary + performance bonus.
• Health insurance, pension, and professional development support.

Reporting Structure

• Direct Report: Chief Operating Officer (COO).
• Manages: Operations Analysts, Reconciliation Specialists.
• Collaborates With: Portfolio Management, Risk, Compliance, Finance, IT.