Portfolio Manager

Legacy FA Pte Ltd; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive remuneration

Performance-based incentives

Job summary

Legacy FA Pte Ltd in Singapore seeks an experienced Portfolio Manager to help establish our asset-management business. You will design investment strategy, governance, and operating model, and take substantive portfolio-management responsibilities after licensing.

The role offers exposure to building a regulated asset-management platform, potential progression to leadership, and close collaboration with management, compliance, custodians and clients. Based in Singapore, full-time.

Qualifications

• Five years or more in fund-management related roles.
• Direct experience in portfolio management and research.
• Strong understanding of markets, risks and governance.

Responsibilities

• Develop and implement investment strategies aligned with mandates.
• Conduct investment research and due diligence across markets.
• Make asset-allocation and security-selection decisions.
• Execute trades and portfolio rebalancing.
• Monitor performance, risks and compliance with mandates.
• Prepare investment papers and performance analyses.
• Present recommendations to the Investment Committee.
• Engage with clients, custodians and service providers.
• Support development of new mandates and products.
• Undertake duties of an appointed representative where applicable.

Skills

Portfolio management

Investment research

Asset allocation

Securities analysis

Trading

Investment risk

Stakeholder management

Education

Finance / Economics / Accounting / Business degree

CFA / CAIA advantageous

Job description

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.