Friday, June 6, 2014

Head of Institutional Equities - Islamic Development Bank - ISD - Jeddah

The role is responsible for managing the overall performance of ICD's institutional equities and Line of Financing activities, maintaining relationships with ICD's investee companies, and coordinating activities through-out the investment lifecycle. This will involve monitoring asset performance closely, in order to address any discrepancies impacting shareholder return in a timely manner.

 Minimum 5 years of experience , in a managerial position , in the Banking and Financial Services sector.

Qualifications and requirements::
    Bachelors Degree in Economics or Finance
    Master degree or a post graduate certificate; CFA, CMA, CPA will be an advantage
    English and French is a must

    Maintaining relationships with investee companies, and overseeing the performance of ICD's Corporate Equities investments, thereby ensuring smooth implementation of overall portfolio operations.
    Maintaining relationships with beneficiary financial institutions, and overseeing the performance of ICD's Line of Financing portfolio, thereby ensuring smooth implementation of operations and monitoring quality of investments.
    Leading the division in preparing required timely reports related to projects and their status upon request from the senior management.
    Assessing investment performance-  tracking valuation and company performance at the deal closure / Exit level and raising discrepancies that impact shareholder return for ICD with the Head Institutional Equities for further review and action.
    Keeping up to date with the recent happenings in ICD's target markets and sectors, following up announcements issued by regulators from time to time as well  different reports issued by the specialized institutions.
    Identifying opportunities for corporate finance and other advisory services  within the existing portfolio companies, in order to strengthen their capabilities and performance further. Liaising with the Advisory Services team to follow up on these prospects.
    Develop portfolio management platform, Follow-up manuals and procedures, early warning systems, Exit options and implementation plans for exits in order to minimize the portfolio overall risk and maximize the return on investment.
    Coordinating with the Monitoring and Evaluation department to measure the developmental impact related metrics that need to be tracked for Corporate Equities projects

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