PBTB | Deputy Manager, Investment

Prudential Group; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading financial services provider is seeking an experienced professional for investment management oversight in Kuala Lumpur. The role involves strategic oversight of investment processes, compliance with regulations, and managing relationships with fund managers. The ideal candidate should possess a bachelor's degree in Finance or related fields and have at least 6 years of experience in investment management. Strong knowledge of financial markets and portfolio processes is essential. This position offers opportunities for career growth and a collaborative work environment.

Qualifications

• Minimum of 6 years’ experience in investment management or fund operations.
• Strong understanding of financial markets and portfolio processes.
• Exposure to investment management and fund accounting within the insurance or Takaful sector is highly desirable.

Responsibilities

• Provide strategic oversight of investment accounting processes.
• Act as key administrator for annual investment-linked report.
• Develop and maintain controls for investment management processes.
• Manage relationships with outsourced fund managers.

Skills

Investment accounting

Regulatory compliance

Strong communication skills

Networking abilities

Education

Bachelor’s degree in Finance, Accounting, Economics

Job description

2d ago , from Prudential Assurance Company Singapore

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

The candidate would be expected to provide oversight over the Company’s investment management processes, including maintenance of investment information for purposes of statutory, Shariah and regional reporting. The incumbent is expected to have strong experience in investment accounting and back office investment administration, with good knowledge of regulatory and Shariah guidelines for investments. Key controls over investment reporting and investment management processes would be required to be established / maintained. The candidate is also expected to provide analytics on investments and maintain strong interest in investment and economic updates. There will be various interactions with parties external to the Company, including internal and external auditors, Bank Negara officials and Regional Office representatives. The incumbent is also expected to have good communication skills, strong networking ability to positively influence counterparties and possess the character to provide deliverables within stipulated timelines.

Roles and Responsibilities

Investment Accounting

• Provide strategic oversight of investment accounting processes, ensuring accurate and timely postings to the General Ledger for all investment‑related transactions.
• Establish and maintain robust governance and control frameworks for investment transactions to safeguard compliance and operational integrity.
• Oversee the design and enhancement of sub‑ledger systems to support transparency and efficiency in investment reporting.
• Drive collaboration with outsourced asset managers and internal stakeholders to optimize operational workflows and strengthen risk management practices.

Takafulink Report Oversight

• Act as the key administrator for the production of the annual investment‑linked report for participants, ensuring accuracy and compliance with regulatory and internal standards.
• Serve as the primary liaison with external fund managers to coordinate and manage the timely production of the report.
• Review and validate the annual investment‑linked report to ensure completeness, accuracy and adherence to disclosure requirements.
• Provide support and guidance to the working committee responsible for producing the investment‑linked report, driving process improvements and stakeholder alignment.

Investment Management Controls & Compliance

• Develop and maintain robust controls for investment management processes, ensuring compliance with regulatory requirements, Shariah principles and internal policies.
• Manage relationships with outsourced fund managers and conduct regular reviews of investment and pricing processes to ensure adherence to mandates and regulatory standards.
• Coordinate with the internal Shariah team to ensure timely reviews and compliance for all investments.

Committee Support

• Coordinate all activities for the Investment Committee and Investment‑Linked Business Committee, including scheduling meetings, preparing agendas and compiling relevant documentation.
• Assist in preparing the proposals to the committees to facilitate informed decision‑making.
• Accurately record and maintain meeting minutes and ensure timely follow‑up on action items.

Fund Operational Related Matters

• Partner with fund managers, administrators and custodians to ensure accurate setup and maintenance of fund structures.
• Oversee accurate recording of all transactions, including pricing, fees and expenses, in the daily operational matters with the fund related processes.
• Support the development of fund valuation methodologies and monitoring processes.
• Assist in pricing error resolution, including impact analysis, stakeholder approvals, Shariah Committee review and customer notifications.
• Maintain Business Continuity Plans (BCP) to mitigate risks related to pricing delays.

Investment Fee Oversight

• Maintain oversight of investment fees payable to outsourced fund managers, ensuring accuracy and compliance with agreed terms.
• Review the reasonableness of fees charged by fund managers and validate against contractual agreements.
• Ensure fund management fees are correctly allocated to respective funds and payables are cleared on a regular basis.
• Conduct periodic benchmarking of fees against external providers to ensure competitiveness and fairness.

Project Related Support (e.g New Fund Design & Launch Support)

• Provide support for the design and launch of new investment funds including investment marketing support, ensuring alignment with business objectives and regulatory requirements.
• Assist in preparing documentation, proposals and operational requirements for fund setup and implementation.

Administrative & Governance Support

• Manage administrative matters related to legal and procurement onboarding for investment operations.
• Coordinate documentation and approvals to ensure compliance with internal governance and regulatory requirements.
• Liaise with internal teams and external vendors to facilitate smooth onboarding processes.

Qualification and Experience

• Bachelor’s degree in Finance, Accounting, Economics or a related discipline.
• Minimum of 6 years’ proven experience in investment management or fund operations, with a strong understanding of financial markets and portfolio processes.

• Exposure to investment management and fund accounting within the insurance or Takaful sector is highly desirable.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part‑time / fixed‑term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third‑party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.