Investment Operations Manager

A reputable organization seeks a dedicated individual for this role. Position Overview:

• The Investment Operations Manager is responsible for overseeing the end-to-end operational processes related to investment activities, ensuring accuracy, efficiency, and compliance with regulatory standards.

• Reporting directly to the Chief Operating Officer (COO), this role involves managing trade settlements, reconciliation, corporate actions, and operational risk controls.

• The ideal candidate will have strong expertise in investment operations, middle-office functions, and process optimization, with a focus on supporting portfolio managers and enhancing operational workflows.

Key Responsibilities: Trade Execution & Settlement Oversight:

• Supervise trade confirmation, matching, and settlement for fixed income, money market instruments, and other securities.

• Ensure timely and accurate processing of primary and secondary market transactions (T-bills, commercial papers, bonds).

• Liaise with custodians, brokers, and counterparties to resolve settlement discrepancies.

• Monitor failed trades and implement corrective actions.

Reconciliation & Data Integrity:

• Perform daily/weekly cash and position reconciliations between internal records, custodians, and fund administrators.

• Investigate and resolve breaks in holdings, NAV calculations, and transaction records.

• Maintain accurate security master data, pricing, and corporate action records.

Corporate Actions & Income Processing:

• Oversee processing of dividends, coupon payments, maturities, and bond redemptions.

• Monitor mandatory/voluntary corporate actions (e.g., bond calls, tenders) and ensure proper execution.

• Coordinate with custodians and registrars to ensure accurate entitlement postings.

Operational Risk & Compliance:

• Implement and enforce operational controls to mitigate risks (e.g., trade errors, fraud, settlement fails).

• Ensure compliance with SEC Nigeria, CBN, and internal policies (e.g., anti-money laundering, KYC).

• Prepare reports for internal audits, regulators, and the COO.

Process Improvement & Technology:

• Identify inefficiencies in investment workflows and propose automation solutions (e.g., straight-through processing).

• Collaborate with IT to enhance portfolio management systems, reconciliation tools, and reporting dashboards.

• Document operational procedures and train staff on best practices.

Fund Accounting & Reporting Support:

• Assist in NAV calculation, expense accruals, and performance reporting.

• Validate accuracy of client statements, regulatory filings, and investor report...