Portfolio Manager
About the role
A Singapore-based financial-services firm is planning to expand into asset management for accredited investors.
We are seeking an experienced Portfolio Manager to join the team and play a key role in establishing the proposed asset-management business. The successful candidate will contribute to the development of its investment strategy, investment-management framework, operating model and regulatory licence application.
Upon commencement of the asset-management business, the candidate is expected to undertake substantive portfolio-management responsibilities. Subject to the candidate’s experience, leadership capability and regulatory suitability, the candidate may also be considered for appointment as an Executive Director.
Key responsibilities
Establishment and licensing
Contribute to the development of the proposed business model, investment proposition and target client segments.
Develop the investment philosophy, portfolio-construction methodology and investment decision-making framework.
Establish policies and procedures covering investment research, portfolio management, trade execution, valuation, liquidity and investment risk.
Develop the proposed governance structure for the Investment Committee and other investment-related approval processes.
Assist in selecting and engaging custodians, brokers, fund administrators, technology providers and other service providers.
Support the preparation and submission of the regulatory licence application.
Work with management and Compliance personnel to address regulatory and operational requirements.
Portfolio Management
Following licensing and commencement of the asset-management business:
Develop and implement investment strategies consistent with approved mandates, investment objectives and risk parameters.
Conduct investment research, financial analysis and due diligence across relevant markets and asset classes.
Make or contribute substantively to asset-allocation, security-selection and portfolio-construction decisions.
Execute or oversee investment transactions and portfolio rebalancing.
Monitor portfolio performance, market developments, investment risks, liquidity and compliance with investment mandates.
Prepare investment papers, portfolio reports and performance-attribution analyses.
Present investment recommendations and portfolio updates to the Investment Committee and management.
Maintain complete records of investment research, decisions, approvals and transactions.
Engage with clients, custodians, brokers, fund administrators, auditors and other professional counterparties.
Support the development of new investment mandates, products and client solutions.
Undertake the responsibilities of an appointed representative for fund management, where applicable.
Requirements
At least five years of relevant experience within the fund-management value chain.
Direct experience in portfolio management, investment research, asset allocation, securities analysis, trading, investment risk or another substantively relevant investment function.
Demonstrable personal involvement in investment decisions and portfolio outcomes.
Strong understanding of financial markets, investment products, portfolio construction and investment risk.
Familiarity with the regulatory and governance expectations applicable to fund managers in Singapore.
Degree in finance, economics, accountancy, business or another relevant discipline.
CFA, CAIA or another relevant professional qualification would be advantageous.
Strong analytical, written, presentation and stakeholder-management skills.
Sound judgement and high standards of integrity and fiduciary responsibility.
Comfortable working hands-on in a lean and developing business.
Must be based in Singapore and able to perform the role on a full-time basis.
Must satisfy applicable fit-and-proper and representative appointment requirements.
Director potential
Candidates with the appropriate experience, leadership capability and regulatory suitability may be considered for appointment as an Executive Director of the proposed asset-management company. Any appointment as an Executive Director or appointed representative will be subject to the final corporate structure and applicable regulatory requirements and approvals.
What we offer
Opportunity to join the founding team of a new asset-management business.
Direct involvement in shaping the investment strategy, governance framework and operating model.
Meaningful exposure to the establishment and licensing of a regulated financial institution.
Potential progression to Executive Director.
Competitive remuneration with performance-based incentives.
Potential longer-term participation in the growth of the business.