The Nigeria Sovereign Investment Authority (NSIA) is a recently 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$1 billion.
The NSIA shall have three separate ring-fenced
investment portfolios: the Future Generations Fund; the Economic Stabilization
Fund; and the Nigeria infrastructure Fund.
The
NSIA is seeking highly competent and result-oriented individual with strong
personal and professional integrity to join a dynamic executive management
team.
NSIA is seeking highly competent and result-oriented individual with strong
personal and professional integrity to join a dynamic executive management
team.
The team will have overall responsibility for the implementation of the
establishment of the SWF governing principles are based on rules and guidelines
that are consistent with international best practices for managing SWFs. The
performance, reporting and transparency of the NSIA will be exemplary, and
enable Nigerians to see and understand how their patrimony is being managed and
increased for the future.
establishment of the SWF governing principles are based on rules and guidelines
that are consistent with international best practices for managing SWFs. The
performance, reporting and transparency of the NSIA will be exemplary, and
enable Nigerians to see and understand how their patrimony is being managed and
increased for the future.
To this end, a suitable candidate is being
identified for immediate consideration, to fill the following position:
identified for immediate consideration, to fill the following position:
Chief Investment Officer – ES00614
Reporting to the CEO, the successful candidate
will have primary responsibility for the implementation and operations of the
investment funds of the NSIA in line with the strategic intent of the SWF for
Nigeria. She/ he will act as primary link between NSIA and financial
institution with respect to investments. A key component of the role will be to
manage SWF’s investment portfolios and take overall responsibility for the
performance and safety of the portfolios.
will have primary responsibility for the implementation and operations of the
investment funds of the NSIA in line with the strategic intent of the SWF for
Nigeria. She/ he will act as primary link between NSIA and financial
institution with respect to investments. A key component of the role will be to
manage SWF’s investment portfolios and take overall responsibility for the
performance and safety of the portfolios.
Specially, the ideal candidate will:·
Work
closely with the Board of Directors in the development of NSIA’s overall
investment strategies and policies and provide valuable advice on the types of
investment that will expose the NSIA to minimal risk and guarantee optimal
returns.
closely with the Board of Directors in the development of NSIA’s overall
investment strategies and policies and provide valuable advice on the types of
investment that will expose the NSIA to minimal risk and guarantee optimal
returns.
· Be
responsible for ensuring that ht e implementation of NSIA’s investment
decisions are consistent with defined objectives of the SWF’s risk tolerance and
investment strategy and that it is based on sound portfolio management
principles.
responsible for ensuring that ht e implementation of NSIA’s investment
decisions are consistent with defined objectives of the SWF’s risk tolerance and
investment strategy and that it is based on sound portfolio management
principles.
· Lead
the development of a highly motivated team of investment management
professionals that are responsible for qualitative investment advice to NSIA in
the management of the SWIF investment portfolios.
the development of a highly motivated team of investment management
professionals that are responsible for qualitative investment advice to NSIA in
the management of the SWIF investment portfolios.
· Take
full responsibility for the strategic allocation of assets across the three (3)
specific investment portfolios towards realization of SWF’s defined objectives
full responsibility for the strategic allocation of assets across the three (3)
specific investment portfolios towards realization of SWF’s defined objectives
· Serve
as a critical resource person and advisor to the NSIA in respect of investments
and assets.
as a critical resource person and advisor to the NSIA in respect of investments
and assets.
Qualifications, experience and
attributes
attributes
· A
good first degree in economics, finance or any business related disciplines
from a reputable institution.
good first degree in economics, finance or any business related disciplines
from a reputable institution.
· Post-graduate
degree(s) such as MBA and relevant professional qualification as an added
advantage.
degree(s) such as MBA and relevant professional qualification as an added
advantage.
· Minimum
of 10 years’ senior management experience in investment management,
infrastructure investing and portfolio management.
of 10 years’ senior management experience in investment management,
infrastructure investing and portfolio management.
· Excellent
appreciation of global trends and advances in investment banking; understanding
of the financial services sectors in the local and international terrain.
appreciation of global trends and advances in investment banking; understanding
of the financial services sectors in the local and international terrain.
· Strong
business acumen, maturity and tact, including the ability to relate with
highest levels of management of financial institutions, financiers and rating
agencies.
business acumen, maturity and tact, including the ability to relate with
highest levels of management of financial institutions, financiers and rating
agencies.
· High
intuitive and excellent decision-making skills.
intuitive and excellent decision-making skills.
In addition, eligible candidates
interested in the position must possess he following attributes:
interested in the position must possess he following attributes:
· Prior
C-level experience with a minimum of 10 years at senior-level management
positions.
C-level experience with a minimum of 10 years at senior-level management
positions.
· Understanding
of global financial markets, domestic macro-economic policy issues, local &
global SWF government & regulatory frameworks (SWF Act, Santiago Principles
and IMF MFP Transparency Code).
of global financial markets, domestic macro-economic policy issues, local &
global SWF government & regulatory frameworks (SWF Act, Santiago Principles
and IMF MFP Transparency Code).
· Strong
professional profile and high ethical standards and integrity.
professional profile and high ethical standards and integrity.
· Strong
leadership, business management, interpersonal and influencing skills with
excellent track record of measurable results.
leadership, business management, interpersonal and influencing skills with
excellent track record of measurable results.
· Excellent
communication skills.
communication skills.
To apply, please quote the reference number as
subject of your e-mail and send your current curriculum vitae (prepared as a
Microsoft Word document, and saved with your full names) to us at recruitment@ng.kpmg.com not later
than 23 November 2012.
subject of your e-mail and send your current curriculum vitae (prepared as a
Microsoft Word document, and saved with your full names) to us at recruitment@ng.kpmg.com not later
than 23 November 2012.
Please include in your application, a statement
of how you meet the advertised criteria, as well as names and contact details
(including telephone and e-mail addresses) of three referees who are
knowledgeable about your professional achievements and abilities.
of how you meet the advertised criteria, as well as names and contact details
(including telephone and e-mail addresses) of three referees who are
knowledgeable about your professional achievements and abilities.
The position is open to Nigerian and
non-Nigerian applicants. Women are strongly encouraged to apply.
non-Nigerian applicants. Women are strongly encouraged to apply.
All applications will be treated in strict
confidence. Only short-listed candidates will be contacted. The NSIA Act can be
sighted on www.fmf.gov.ng
confidence. Only short-listed candidates will be contacted. The NSIA Act can be
sighted on www.fmf.gov.ng
