Associate Income & Capital Market Funds (ICD)
- See description
- Jeddah, Makkah, Saudi Arabia
- Contract, Full time
- 11 Dec 17 2017-12-11
The role is responsible for preliminary analysis, and DD of Investment deals for the Funds managed by ICD Asset Management Department following the investment and credit governance process at ICD. This will include developing in-house methodology and expertise in nurturing investments (Equities & Term Finance) constituting the investment portfolio. This role will also be responsible for assisting Senior Associates in overseeing key client relationships and enabling effective project execution throughout the investment life cycle.
Follow up on deals in pipeline, developing the pipeline, as well as deals sourced by the business development function and initiates the upstream investment process in a timely manner.
Coordinating with the Investor Relations Program to communicate fund requirements to be addressed through financing deals, in discussion with the ICM Program Manager. Providing technical assistance in structuring deals, where required.
Preparation of first desk assessment reports for deals sourced (or in response to funding requests received), and their subsequent presentation for ICM approval.
Initiating the Due Diligence process and validating the key outcomes of the exercise. Initiating the process to secure Investment Committee approval by preparation of the Reports, and assisting finalize the ICM presentation.
Ensuring that the necessary documentation and paperwork is in place, and is in line with the guidelines from the Risk and Legal departments.
Ensuring that deal structuring is carried out in line with the overall risk, legal and investment guidelines, and as per the parameters finalized during the Investment Committee meetings.
Participating in the establishment of new projects and overseeing performance of existing investment projects.
Assessing investment performance-tracking asset performance and raising discrepancies that impact investor return for ICD to the Head Term Finance for further review and action.
Coordinating with the Legal and Risk Management teams to ensure that recovery strategies are implemented in a timely and efficient manner.
Maintaining relationships with key clients, and overseeing the portfolio management for key investments, thereby ensuring smooth implementation of overall portfolio operations.
Ensuring that ICD's network of strategic alliances is leveraged to bring in deep sector expertise, where required. Tracking ICD's Term Finance portfolio and key prospects to identify the areas where technical skills and expertise will be required to support ICD beneficiaries effectively going forward.
- 5-7 years of experience in the Banking and Financial Services sector
Bachelors Degree in Business or Finance (Islamic Finance preferred)
Master degree or a post graduate certificate; CFA, CMA, CPA will be an advantage.