Jobs

Nigeria Sovereign Investment Authority (NSIA) recruitment (www.fmf.gov.ng), November 2011


Nigeria Sovereign Investment Authority (NSIA) recruitment (www.fmf.gov.ng), November 2011
The Nigeria Sovereign Investment Authority (NSIA) is a recent established Sovereign Wealth Fund (SWF) for the benefit of the Federal Republic of Nigeria.
The AUTHORITY will take off with an initial funding of US$1Billion. We are legislated to invest pledge funds on the behalf of the people of Nigeria for their short and long term benefit through investments of Savings for the future generations,Infrastructure development, Stabilization of the Nigeria economy.

The NSIA is seeking for highly competent and result-oriented individuals with professional integrity to form a formidable force executive management team. This team will oversee the responsibility for the implementation of the establishment of the SWF. The performance, reporting and transparency of the NSA must be exemplary and will enable all Nigerians to see and understand how their patrimony is being managed and increased for the future.
 The following job vacancies are currently available

Job Title: Managering Director/CEO-ES0061 Job Description: Reporting to the Board of Director, the successful candidate will review the day-day operations of the NSIA in line with the NSIA Act 2011.he/she will provide good leadership, director and guidance to the NSIA executive management team.
Vacancy responsibilties

  • Lead the corporate strategy and provide strategy guidance and oversight to the development of the NSIA’s management team in the development of tactic and operational plan.
  • Work closely with the Board of Director to formulate appropriate investment policies and strategies; and assist to implement transparent governance.
  • Responsible for the investment of the SWF, on behalf of the Federal Government of Nigeria.
  • Develop the NSIA to have high ethical standard and establish a result-oriented performance driven culture within the organization.
 Job Vacancy Qualification/attributes
1st degree/post graduate in Economics, Law, Accounting and other related subject or field also such as MBA.
10 years of minimum experience in senior investment management and asset allocation strategies.

Professional certificate in Finance/ risk and investment management will be considered.


 
Job Title: CHIEF RISK OFFICER –ES00613
 Job Description

Reporting to the CEO. He/she will responsibility for the design and the implementation of the NSIA’s enterprise wide risk management framework affiance identification. Other specific responsibilities will include;

Job Specification
  • Advice the NSIA management team and Board of Directors on the topic of corporate governance and best practices of risk management.
  • Define and implement the overall and integrated risk management framework and set guidelines for the development and implementation of supporting policies and procedures.
  • Defined the risk acceptance criteria and risk tolerance limits for each risk area across the NSIA operations.
  • ensure the risk profile is align to the overall returns and profitability of the SWF’s aspiration.

Vacancy Qualification/Attributes
  • 1st degree/post graduate in Economics, Law, Accounting and other related subject or field also such as MBA.
  • Professional certificate in Finance/ risk and investment management will be considered.
  • Track record of planning and directing business analysis, risk analytics, modeling and loss prevention programmes.
  • Excellent knowledge in risk management practices and experience in market operational cross border risk management techniques and practices.
  • 10 years of minimum experience in senior investment management and asset allocation strategies



Job Title: CHIEF INVESTMENT OFFICER – ES00612
Job Description: Reporting to the CEO. He/she will be primary responsible for the implementation and operations of the investment funds of the NSIA in line with the strategies interns of the SWF for Nigeria. He/she will be the link between the NSIA and financial institution. A key component of the role will be to manage the SWF’s investment portfolios and takes overall responsibilities for the performances and safety of the portfolios.

JOB SPECIFICATION
  • Serve as a critical resource person and advisor to the NSIA in respect of investments and assets.
  • Work closely with the Board of Directors. Be responsible for the implementations of NSIA’s investment decisions are consistent with defined objectives of the SWF’s risk tolerance and investment strategy.
  • Take responsibilities for the strategic allocation of asset across the 3 investment portfolios towards realization of SWF’s defined.

Qualification/attributes;

  • 1st degree/post graduate in Economics, Law, Accounting and other related subject or field also such as MBA.
  • 10 years of minimum experience in senior investment management and asset allocation strategies.
  • Good business acumen, maturity and tact, including the ability to relate with the highest levels of management of financial institutions, financers and rating agencies.
  • High intuitive and excellent decision making skills.
  • Understanding the financial services sectors in the local and international terrains.
  • Professional certificate in Finance/ risk and investment management will be considered.


In addition, eligible candidates interested in any of the posts must possess the following:

Prior C-Level experience with minimum of 10years at senior – level management position.
Understanding of the global financial markets, domestic macro – economic policy issues.
Strong leadership, business management, interpersonal and influencing skills with excellent track record of measurable results.

How to apply
To apply , please quote appropriate reference number as the subject of your e-mail and send your CV as a Microsoft word document and save with your full name. send to us at [email protected] .

Note: include how you meet the advertised criteria in your application as well as names and contact details including telephone and e-mail addresses of 3 referees who are knowledgeable about your professional achievements and abilities.

All positions are based in Nigeria. The CEO position is targeted mainly at Nigeria within and outside the country. The CIO and CRO positions are open to Nigerian and Non- Nigerian applicants. Women are strongly advice to apply for any post on offer.

All applicants will be treated in strict confidence. Only shortlist candidate will be contacted. More info visit www.fmf.gov.ng.

Vacancy deadline: 30 Nov, 2011