Job Scope:

This position forms part of the Bank’s Investment Services team, which is to be the front-line for growing the Bank’s Mutual Fund business.  The incumbent plays a role in the development of new business and strategies.  He/she is directly responsible for the Bank’s profit contribution from its Mutual Fund business, including:

• All Mutual Fund operations and activities
  
• Portfolio performance – as a back-up to the Mutual Fund portfolio Manager
  
• Effective and efficient operations
  
• Risk management and compliance
  
• Performance and development of subordinates
  
• Development and implementation of corporate plans in respect of Mutual Funds.
  

Summary of Duties and Responsibilities:

• Plan, market and develop Mutual Fund business
  
• Devise and implement policies and procedures to ensure efficient, accurate and timely delivery of information
  
• Assist with the evaluation of Investment opportunities
  
• Researches Mutual Fund industry competitors and industry environment including the development of legislation and its impact
  
• Active monitoring of Mutual Fund performance and liquidity requirements
  
• Assist with the production of investment and performance reports
  
• Provide to the Board a monthly management report on areas of responsibility
  
• Manage the completion of the annual and semi-annual financial statements
  
• Manage the work-flow of direct reports
  
• Train direct reports as required
  
• Other duties assigned from time to time.

Education and Experience

• University Degree in Business or Finance, or relevant professional experience.  Minimum of five (5) years’ experience, MBA preferred.

Business and Computer Skills

• Computer literate.  Highly proficient with Microsoft Office applications
  
• Well read and up-to-date on Investment Management.

Personal Characteristics

• Excellent written and verbal communication skills
  
• Superior analytical skills
  
• Effective interpersonal skills
  
• Professional demeanour and conduct
  
• Initiative and drive
  
• Hands-on approach with a practice of accuracy.

Interested individuals should submit their resumes by July 12th 2007 to:
  
 
Vacancy- Mutual Fund Officer
Executive Director HR/IT
 P.O. Box 600, PORT OF SPAIN
 Fax: 624-8753
 Email: [email protected]