Director- Portfolio Manager

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading financial institution in the UAE is seeking a Portfolio Manager to manage diversified multi-asset portfolios. The role requires deep knowledge in global financial markets and involves constructing both strategic and tactical asset allocation decisions. Key responsibilities include collaborating with the Fund Management team and ensuring adherence to regulatory requirements. Ideal candidates have strong analytical skills and experience with portfolio management systems.

Qualifications

• Demonstrated ability in strategic asset allocation and tactical implementation.
• Experience in designing risk management frameworks.
• Proven track record of managing institutional portfolios.

Responsibilities

• Construct multi-asset portfolios and lead SAA/TAA decisions.
• Conduct macroeconomic and asset class research.
• Design and implement robust risk management strategies.

Skills

Deep knowledge of global financial markets

Portfolio construction across major asset classes

Strong analytical and quantitative skills

Excellent communication skills

Tools

BlackRock Aladdin

Job description

• Full-time
• Division: Group Finance

Company Description

Are you ready to join us on our exciting transformation journey at the largest bank in the UAE? This is an opportunity to make a real impact on our customers, employees, shareholders, and communities, as part of the FAB team. We're committed to our grow stronger movement, and as a member of our team, you'll have access to everything you need to advance your career and make a meaningful contribution to our shared success. If you're looking for a career that will help you stand out and make a difference, now is the time to join us. Let's work together to achieve great things.

Job Description

JOB PURPOSE:

To manage and oversee diversified multi-asset portfolios aligned with client mandates and institutional objectives. The role requires constructing and implementing both strategic asset allocation (SAA) and tactical asset allocation (TAA) decisions to optimize long-term risk-adjusted returns and generate alpha. The Portfolio Manager will work closely with the Fund Management team, CIO, and internal and external research providers to integrate macroeconomic views, asset class insights, and market intelligence into portfolio construction. The role emphasizes disciplined investment processes, rigorous risk management, and consistent performance delivery, while ensuring adherence to governance, regulatory requirements, and client objectives.

KEY ACCOUNTABILITIES:

• Construct multi-asset portfolios and lead in formulating SAA and TAA decisions across equities, fixed income, alternatives, FX, and derivatives.
• Generate alpha by implementing tactical views within strategic allocation frameworks.
• Conduct macroeconomic and asset class research, leveraging internal and external sources to support asset allocation and security selection.
• Collaborate with the CIO, Fund Management, and Research teams to align strategies with institutional objectives.
• Design and implement robust risk management strategies, including scenario analysis, stress testing, and liquidity risk oversight.
• Manage client-specific investment mandates and discretionary portfolio management (DPM) accounts.
• Contribute to product strategy development, supporting new fund launches and enhancements to existing solutions.
• Ensure regulatory, compliance, and governance standards are fully met.
• Participate in investment committees and provide thought leadership in asset allocation and market outlook discussions.
• Support client engagement by contributing to investment presentations, portfolio reviews, and business development initiatives.

Qualifications

• Deep knowledge of global financial markets, multi-asset investing, and portfolio construction across major asset classes (equities, fixed income, alternatives, FX, derivatives).
• Demonstrated ability in both strategic asset allocation and tactical implementation to enhance returns and manage risks.
• Strong experience in designing and executing risk management frameworks (stress testing, VaR, scenario analysis, liquidity monitoring).
• Proven track record of managing institutional and discretionary portfolios in line with client objectives.
• Ability to align investment strategies with the firm’s CIO outlook, governance frameworks, and client mandates.
• Collaborative mindset with experience working with fund management teams, CIOs, and research providers (internal and external).
• Strong analytical and quantitative skills to support performance attribution, asset class evaluation, and investment decision-making.
• Proficiency in portfolio management systems and risk tools (BlackRock Aladdin).
• Excellent communication skills, with the ability to contribute to investment committee discussions and support client presentations.