Associate - Asset Management

Role       : Associate – Asset Management 
Location : Dubai
Role Purpose:
Working with senior management of ADIB Capital’s Asset Management Team to support in the development and management of investment funds and discretionary portfolios.
    
Key Accountabilities of the role 

• Assist in conducting investment manager research and due diligence.
• Review and monitor performance of investment managers.
• Portfolio Management – Monitor client portfolios and trading screens. Generate investment recommendations for client portfolios as appropriate. Recommendations need to be supported by robust investment research and financial modeling. 
• Compare portfolio holdings against investment limits and guidelines to ensure that there are no breaches.
• Review NAV calculations received from fund administrators and external managers.
• Draft information memorandums and other product offering documentation to support the launch of new products.
• Draft policies and procedures related to funds and other investment products.
• Prepare client proposals and marketing materials to support the marketing of new and existing products. 
• Prepare periodic factsheets related to all existing products which will be circulated to clients.
• Prepare payment authorizations and ensure that all product related dues are settled in a timely manner.
• Work with legal advisors to finalize the agreements with various service providers and counterparties.
• Liaise with the Sharia Advisors to obtain approvals on new products and issuances.
• Develop periodic research reports on a wide range of topics that can be distributed to clients.
• Address product related queries raised by stakeholders including Compliance, Sharia Advisor, Fund Board, Fund Administrator and Custodian.
• Support to ensure that product related DIFC / DFSA filings are submitted in a timely manner in-line with the regulations.
• File and maintain records of product related documentation in-line with DFSA / DIFC regulations. Maintain the physical files, folders, audit log of reviews and approvals for record keeping.
• Participate on sales calls to support business development efforts.
• Undertake administrative tasks such as scheduling manager meetings and taking meeting notes.
• Attend to ad-hoc product related requests including drafting of resolutions, running sensitivity analysis and updating / amending documentation.

• Robust understanding of investment structures, products and portfolios.
• Strong financial modeling and presentation skills.
• Understanding of DFSA / DIFC regulations.
• Understanding of Sharia guidelines and restrictions 
• Ability to coordinate workstreams with multiple third parties (e.g., administrators, custodians, regulators, Sharia teams, etc) 
• A team player, detail oriented and comfortable working in a fast pace environment