Chief Investment Officer

Job Description

Duties include:
Lead a diverse team within the Finance function, setting objectives, reviewing performance, coaching and developing employees and building a talent pipeline with strong successors. Ensure all employees have the necessary skills and knowledge to deliver the business objectives
Determination of unit pricing policies and processes to deliver an effective service in line with customer expectations, regulatory and business requirements while minimising operational and financial risks
Management of investment operations and maintenance and publication of fund data
Oversight of the effective maintenance and implementation of credit risk policy
Oversight and effective management of investment risks, maintaining compliance with Group Risk Policy standards wherever applicable
Ownership and management of asset liability matching for all unit linked investments, and the growing balance sheet portfolios
Contribute towards management of business cash position in order to deliver annual target for cash remittance to Group
Support (and deputise for where appropriate) the CFO and CEO as Chair to lead the operation, ensuring that the committees discharge their duties as appropriate
Own, shape and monitor the control framework with regards to the governance of all funds under management including monitoring, reporting, and managing fund manager performance
Contribute to the development and execution of Finance functional strategy
Oversee and manage fulfillment and oversight of third party contracts including for all aspects of investment management, custodian and administration services in line with agreed contracts and service level standards
Own, develop and implement approval processes associated with securing new fund managers and new assets, in line with all applicable regulatory requirements and Board approved risk appetite
Review, improve and embed internal controls within own remit, liaising with the Head of Risk and Controls
Positively influence BU financial metrics through maximising rebate income on unit linked assets and minimising investment expenses on balance sheet and unit linked assets
Contribute to the development of the Middle East investment strategy; including external asset manager due diligence, initial funding requirements, and providing ongoing management and reporting for these assets

Skills and experience required:
In addition to your university degree, ideally in economics, finance or business, you should have at least 7 years of relevant experience in financial services and be able to demonstrate significant insurance industry experience. You will hold, or be progressing towards a relevant professional qualification
A strong understanding of unit linked business and should have experience in a senior or management role in a relevant function of an insurance or asset management company
Practical experience of management of investment processes, including the use of outsourced portfolio management and demonstrate knowledge and understanding of: Relevant regulatory standards applicable to entities and jurisdictions in which the business operates; Industry ‘best practice’ standards and principles for unit pricing and investment administration; Firm understanding of investments, global operations and investment management concepts; Unit Linked products, markets, customer bases and systems
Proven leadership skills, and demonstrate the ability to design and execute strategy, whilst getting the best possible performance from your team
Be able to evidence your ability to identify, analyse, understand and proactively mitigate relevant risks and manage investment operations within agreed risk boundaries
Have a consistently challenging approach, proactively identifying improvement needs and driving improvements
Have excellent communication skills at all levels and demonstrate ability to influence and engage internal and external stakeholders

Chief Investment Officer

Job Description

Duties include:
Lead a diverse team within the Finance function, setting objectives, reviewing performance, coaching and developing employees and building a talent pipeline with strong successors. Ensure all employees have the necessary skills and knowledge to deliver the business objectives
Determination of unit pricing policies and processes to deliver an effective service in line with customer expectations, regulatory and business requirements while minimising operational and financial risks
Management of investment operations and maintenance and publication of fund data
Oversight of the effective maintenance and implementation of credit risk policy
Oversight and effective management of investment risks, maintaining compliance with Group Risk Policy standards wherever applicable
Ownership and management of asset liability matching for all unit linked investments, and the growing balance sheet portfolios
Contribute towards management of business cash position in order to deliver annual target for cash remittance to Group
Support (and deputise for where appropriate) the CFO and CEO as Chair to lead the operation, ensuring that the committees discharge their duties as appropriate
Own, shape and monitor the control framework with regards to the governance of all funds under management including monitoring, reporting, and managing fund manager performance
Contribute to the development and execution of Finance functional strategy
Oversee and manage fulfillment and oversight of third party contracts including for all aspects of investment management, custodian and administration services in line with agreed contracts and service level standards
Own, develop and implement approval processes associated with securing new fund managers and new assets, in line with all applicable regulatory requirements and Board approved risk appetite
Review, improve and embed internal controls within own remit, liaising with the Head of Risk and Controls
Positively influence BU financial metrics through maximising rebate income on unit linked assets and minimising investment expenses on balance sheet and unit linked assets
Contribute to the development of the Middle East investment strategy; including external asset manager due diligence, initial funding requirements, and providing ongoing management and reporting for these assets

Skills and experience required:
In addition to your university degree, ideally in economics, finance or business, you should have at least 7 years of relevant experience in financial services and be able to demonstrate significant insurance industry experience. You will hold, or be progressing towards a relevant professional qualification
A strong understanding of unit linked business and should have experience in a senior or management role in a relevant function of an insurance or asset management company
Practical experience of management of investment processes, including the use of outsourced portfolio management and demonstrate knowledge and understanding of: Relevant regulatory standards applicable to entities and jurisdictions in which the business operates; Industry ‘best practice’ standards and principles for unit pricing and investment administration; Firm understanding of investments, global operations and investment management concepts; Unit Linked products, markets, customer bases and systems
Proven leadership skills, and demonstrate the ability to design and execute strategy, whilst getting the best possible performance from your team
Be able to evidence your ability to identify, analyse, understand and proactively mitigate relevant risks and manage investment operations within agreed risk boundaries
Have a consistently challenging approach, proactively identifying improvement needs and driving improvements
Have excellent communication skills at all levels and demonstrate ability to influence and engage internal and external stakeholders