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ARM Life formerly CrystaLife Assurance Plc. is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM).
Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the ...
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The Investment Operations Officer is the primary interface between the investment department and all internal and external counterparties (Internally; Fund Accounts, Benefit Payments and Contributions Processing departments, and externally, all transaction counterparties and custodians).
The Investment Operations Officer ensures compliance with the department’s standard operating procedures for all transaction processing and execution.
S(He) has primary responsibility for ensuring transactions are settled and completed and that all documentations are in place and properly stored.
In addition, the Investment Operations Officer is responsible for day to day administrative duties of the department e.g. maintaining and updating credit rating register, corporate actions register, Service Level Agreements with counterparties, portfolio exposure limits, counterparty exposure limits etc
Principal Duties and 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
Confirm daily contributions report;
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 reconciliation of team & fund account records/positions
Conduct monthly equity reconciliation between Custodian and CSCS positions;
Reconcile and follow up on outstanding dividends and bonuses with custodian, document and reportany outstanding and elicit periodic status updates from custodian;
Prepare, update and maintain monthly counterparty exposures versus limits