Vacancy Announcement: Chief Investment Officer at Finance Department, Government of Sindh

The Finance Department, Government of Sindh is inviting applications from qualified and experienced professionals for the position of Chief Investment Officer at the Sindh Fund Management House. This position is offered on a contract basis under the Sindh Management Position Scales Policy 2022, with an MP-II Scale package. Here are the details:

Position: Chief Investment Officer

Number of Positions: One

Educational Qualification & Experience:

Master’s Degree in Economics, Banking Finance, M.Com, MBA (Finance), or equivalent.
Certified Chartered Accountant (CA), ACCA, ACMA, or CFA Charter-holder.
Experience: 10 years in the relevant field, preferably including a Ph.D. with at least 06 years of relevant experience.

Exclusions:

Back-office treasury operations.
Treasury sales experience.
Stock broking/equity sales experience.
Any other liability sales/deposit mobilization experience.

Age Limit:

Preferably less than 63 years on the date of advertisement.
Maximum service age is restricted to 65 years.

Job Description:

Investment Portfolio Assessment: Evaluate the Government of Sindh’s existing investment portfolio, analyzing financial markets and available financial instruments such as government securities, bonds, stocks, mutual funds, etc.
Policy Development: Develop and implement investment policy, asset allocation strategies, and strong risk management controls.
Strategy Formulation: Formulate and recommend investment strategies that maximize returns within manageable risk parameters by analyzing the existing investment portfolio of the different investment funds of the Government of Sindh.
Corporate Best Practices: Stay updated on corporate and management best practices, particularly in evaluation of research data, record-keeping, and stakeholder liaison.
Reporting and Education: Regularly report investment results to the investment committees/boards, informing and educating them regarding potential investment opportunities.
Actuarial Valuation Facilitation: Facilitate the conduct of actuarial valuation of employee benefit schemes of the Government of Sindh and provide input on the outcomes.

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