Senior Investment and Operations Manager
The leading commercial Bank in Montserrat is seeking to fill the position of Senior Investments and Operations Manager.
The successful candidate will manage all aspects of the bank’s investment portfolio, including the research, selection and presentation of all investment credits for approval by the Investment Committee/Board, and updating of the IPS, assist the General Manager in the formulation of the bank’s overall business strategies and to design, implement, develop and improve on the systems, workflows and procedures necessary to meet the requirements of both customers and the bank, act as project lead on all major project implementations.
Main Areas of responsibility: Investment management, business development, project management and banking operations.
RESPONSIBILITIES/ACCOUNTABILITIES
INVESTMENT MANAGEMENT
- Prepare the basis for decisions on investment management to be taken to the Investment Committee and advice on matters concerning changes in investment strategy, asset classes, asset allocation, investment risk, investment limits and other operating parameters for the funds and portfolio under management
- Responsible for providing well–founded and documented advice on investment strategy and other aspects of investment management
- Ensure timely and effective liquidity management and the profitable and efficient administration of the Bank’s investment portfolio
- Provide strategic direction in Investments
- Keep investment policy current, annually
- Advice the General Manager/Investment Committee/Board on Investment opportunities
BUSINESS DEVELOPMENT
- Working with the GM to conceptualize and implement new product lines and continuous product development
- Assist with managing the various departments performance and development to meet the bank’s target
- Assist with the implementation of measures to increase key financial and operational performance
- Assist in selling and delivering products and services to the Bank’s customers
- Participate in sales and marketing efforts
PROJECT MANAGEMENT
- Manage and coordinate the implementation of all new and existing projects undertaken by the bank – new systems, regulatory requirements, products and services.
- Prepare the project plan and cost-benefit analysis for all new projects.
- Spearhead the implementation of the Bank’s strategic and business plans
- Updating of departmental manuals – Operations, HR and Investment Policy.
BANKING OPERATIONS
To provide guidance to the Operations Manager in the following areas of Bank Operations:
- Customer Service & Sales
- Operations Management
- Credit Risk Management
- Human Resources management
KEY POSITION COMPETENCIES REQUIRED
- Extensive knowledge of
investment products, services, and strategies
- Certified Financial Analyst certification preferred
- Series 6, 7, 9, 10 63 & 66 certification or similar certification such as ECSM certification and licensee as a principal representative, or an investment adviser highly preferred
- Familiarity with the principles and operations of the Eastern Caribbean Securities Market (ECSM)
- Thorough understanding of investment portfolio management in a bank environment
- Excellent knowledge of bank products and services
- Good knowledge of Rules and Regulations relating to Banking in the ECCU
- Extensive knowledge of
Retail Banking operations
- Good knowledge of computers and computer programs such as Word, Excel, etc
- Leadership and managerial capability
- Profit and business oriented
- Sales and service oriented
Candidates should have at least 10 years’ banking experience with a minimum 5 years’ experience at a senior management level in Operations, Investment Banking and Credit.
They should have a good understanding of financial markets, financial instruments and risk management policies, procedures and practices.
Candidates must also have a proven track record of analytical and investigative skills.
A University Degree, preferably an MBA is required.
The Candidate should also be acquainted with the latest trends in Banking and shall have exposure to latest Technology/changes in the Banking Industry and should possess requisite expertise to provide corporate excellence.
Applications from suitably qualified candidates should be addressed to:
The Chairman
Bank of Montserrat Limited
P.O. Box 10
Brades
MONTSERRAT
And emailed to dalton.lee@bankofmontserrat.ms and copied to manager@bankofmontserrat.ms
Deadline for Submission: December 31, 2019
