Investment Operations Officer

February 10, 2022

Job Description

ARM Pension Managers (PFA) Limited

ARM Pension Managers (PFA) Limited is one of the first seven Pension Fund Administrators (PFA) granted license by the National Pension Commission in December 2005. It is part of the Asset & Resource Management Company Limited (ARM) Group, one of Nigeria’s most prominent and respected financial service brands. We have pre-eminent reputation in Investment Management, Research and Pension Fund Management.
We are recruiting to fill the position below:
Job Title: Investment Operations Officer
Location: Lagos
Employment Type: Full Time
Department: Investment Management
Job Summary

The Investment Operations Officer is the primary interface between the Investment department and all internal and external counterparties (Internally; Fund Accounts, Benefit Payments and Contributions Processing departments, and externally, all transaction counterparties and custodians).
The Investment Operations Officer will ensure compliance with the department’s standard operating procedures for all transaction processing and execution.
S(He) will have primary responsibility for ensuring transactions are settled and completed and that all documentations are in place and properly stored.
In addition, the Investment Operations Officer will be responsible for the day-to-day administrative duties of the department e.g., maintaining and updating credit rating register, corporate actions register, Service Level Agreements with counterparties, portfolio exposure limits, counterparty exposure limits, etc.

Responsibilities

Confirm all previous day’s transactions and other expected inflows across all funds; advice portfolio management team as appropriate
Maintain investment team archives; ensure all transaction justifications, instructions and confirmations are prepared and received when due and are filed correctly and easily retrievable
Maintain and update archives of team strategy documents, agreements, policies etc
Prepare daily investment and termination instructions
Confirm daily contributions report;
Update all equity, fixed income and money market investments;
Prepare and maintain daily and monthly asset allocation update;
Weekly collation of all investments;
Conduct monthly reconciliation of team & fund account records/positions
Conduct monthly equity reconciliation between Custodian and CSCS positions;
Reconcile and follow up on outstanding dividends and bonuses with custodian, document and report any outstanding and elicit periodic status updates from custodian;
Prepare, update and maintain monthly counterparty exposures versus limits
Prepare transaction compliance reports
Monthly equity transaction reports- Monthly primary market fixed income commission reports
Portfolio Treasury Support – Support timely and efficient treasury management of all fund portfolios
Ensure portfolio cash balances do not exceed internal limits- Ensure counterparty exposure limits are not exceeded in money markets
Advise portfolio management team of cash availability & counterparty exposure limits early in day
Gather daily market interest rates and advise portfolio management team early in day

Minimum Qualifications

First Degree in a numerate field; (preferably in Sciences, Engineering, Economics or Finance.)
0 – 3 Years experience
Interest in enrolling in, and completing, the CFA program
Strong interest in Global Financial Markets and keen intellectual curiosity

Competencies:

Team working
Integrity
Creative
Critical-thinking
Attention to Detail
Decision-making
Microsoft Excel
Microsoft Powerpoint
Analytical Thinking
Professional Confidence
Communicating Effectively.

Application Closing Date
14th February, 2022.
How to Apply
Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit armpension.joinus.ng.

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