IDB2755 - Treasury Investment Specialist

Department

Finance Department

Reporting To

Technically Reporting to Lead Investment Specialist & ALM and Administratively Reporting to Senior Manager, Finance

JOB PURPOSE

- Identifying, evaluating, obtaining approvals and executing investments related to ICIEC liquidity management.
- Applying policies & guidelines designed to minimize risk and optimize returns for ICIEC’s liquidity investments.
- Supporting liquidity management including funding and investment activities, financial analysis, bank relationship management, foreign exchange operations, etc. for the treasury investment function of the Corporation.
- Day-to-day operational cash and investment management, portfolio monitoring and reporting.

KEY ACCOUNTABILITIES & ACTIVITIES

• Cash management, cash flow forecasting and investment of excess funds.

• Due diligence for treasury investments (Sukuk, trade finance syndications, real estate, equities, etc.)

• Analyses of foreign exchange risk and hedge strategies.

• Financial risk management relating to treasury operations.

• Placing transaction orders & Execution (using treasury operations system).

• Assists with written and dashboard reporting for the board and Management.

Investment Management

• Identifies new investment opportunities.

• Undertakes detailed due diligence on potential investment opportunities using financial modelling, investment financial risks analysis, expected returns, mitigants, etc. while ensuring adherence to investment policy and risk guidelines.

• Follows-up with Dealing room/Finance for execution, settlement and reconciliation of outgoing and incoming payments relating to investment accounts.

• Ensuring complete documentation for investment such as deposits with banks, sukuk issues, money markets for Islamic transactions/instruments, short term paper securities etc. to generate the most profitable returns for ICIEC.

Cash Management

• Implements efficient cash monitoring, management and reporting.

• Prepares monthly cash flow forecast with recommendations.

• Coordinates with Finance division for treasury-related accounts reconciliation, including administrative bank account management.

• Monitors compliance with the Liquidity Policy, Investment strategy and Guidelines and proposes rebalancing transactions.

• Minimizes lost investment income due to operational errors, investment transaction delays, early termination of investment positions, etc.

  Share Capital

• Coordinates with Finance division regarding maintaining updated positions related to Share Capital subscriptions and prepares related reports as requested by member countries.

  Coordination & Communication

• Engages actively and cultivates relationships with industry players including analysts, banks, fund managers, etc.

• Coordinates with IsDB Treasury Department & Middle Office regarding updates to investment instruments, limits, ratings, reporting, etc.

• Coordinates with ICIEC business departments to better understand and continuously update cash requirements planning through system reports or manual data inputs.

• Understands credit rating agencies methodologies, liquidity and investment risk perceptions, and support preparation of all rating agencies documentation and annual review requirements.

• Facilitates and coordinate all Investment Committee investment proposal ‘approvals by circulation’ and feedback from RMD & GLC on Treasury investment proposals.

• Coordinates with the Senior Dealer and manages all administrative processes for fund management and counterparty relations.

Operational excellence support

• Coordinates with ICIEC business departments regarding cash flow requirements and cash planning and proposes enhancements to streamline and enhance efficiency of the communication and reporting processes.

• Ensures effective implementation and adherence to policies, procedures and guidelines.

• Keeps abreast of latest developments, regulations and best practices in treasury and investment management.

• Implements process improvements to increase efficiency, effectiveness and compliance of investment operations.

• Provides necessary input for preparation of Treasury budgets, strategy and business plans, and monitor actual investment income and expenditure against the approved budget.

JOB REQUIREMENTS