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.