Principal Banker, Portfolio Business Group recruitment
Background
Banking Portfolio is a unit of the Banking Department that oversees the management of the Bank's portfolio of debt and equity in all aspects of post-signing activities. The unit works with team portfolio managers to enhance the value of the portfolio and improve the management accountability by ensuring the quality and timeliness of client engagement, timely identification and diagnosis of portfolio problems, and effective remedial actions. Specifically, the unit (i) engages in high level strategic decisions concerning portfolio projects, (ii) coordinates management of the Bank's equity portfolio, while maintaining up-to-date information of the portfolio and spearheading in the fair-valuing process, (iii) provides guidance in governance matters in equity portfolio, (iv) interacts with non-Banking departments in delivering the objectives set for the projects. Initially the focus is made to the equity portfolio and going forward the role will increasingly encompass oversight of the loans and banking bonds portfolio. A Principal Banker, reporting directly to MD Portfolio, will play a key role in fulfilling the unit's current responsibilities as well as in developing new portfolio functionalities.
Requirements
- Minimum of 7 years of either one or more of the following experience (preferably a minimum of two) from a major financial service company: asset management, performance measurement, investment banking (research/corporate finance/MA), strategic consulting for financial services sector; where the candidate must have acquired high level financial analysis/portlfio management skills and demonstrable expertise in asset management or risk management
- Knowledge of fixed income analysis and portfolio management would be a benefit
- Superb writing and oral communications skills in English
- Good knowledge/practical experience of IFRS/USGAAP
- Advanced degree from a leading university, preferably in advanced finance or mathematics
- Professional financial qualifications such as a CFA designation, is preferable
- Advance level of computer literacy
- Knowledge and understanding of the Bank's operation cycle and inter-departmental workings may be considered favorably
Responsibilities
The candidate is expected to perform, among other things, the following functions:
- assess/analyse risk-returns of a wide range of investment instruments, encompassing from senior secured debt to equity and equity derivatives including contract-based esoteric OTC derivatives;
- provide input to developing appropriate portfolio tools for loans and fixed income instruments
- produce analytical materials for internal consumption and for discussions with the Bank's external auditors;
- make both strategic and specific observations based on the assessment of the portfolio;
- represent Portfolio in internal working committees and forums in Banking/Risk Management/etc. and deliver Portfolio's position effectively;
- contribute to the work of EPMU (Equity Portfolio Monitoring Unit), gaining necessary skills to perform required data analysis and processing work;
- assist Portfolio in sessions/meetings of the Bank's Board of Directors;
- coordinate workflows among the team portfolio managers and provide timely guidance and directives with respect to portfolio management matters;
- coordinate work with other support units such as OCE, OAU, Finance, EvD, etc. and from time to time produce on-demand analytical materials and
- perform all other functions that are relevant to portfolio management.
The Individual
· Ability to operate sensitively in multicultural environments and build effective working relations with clients and colleagues.
· The applicant should be an excellent team player with strong communication and interpersonal skills.