General

Job Description of an Alternative Assets Operations Manager in Nigeria

by AweStreet

Job Description of an Alternative Assets Operations Manager in Nigeria
Job Title: Alternative Assets Operations Manager
Industry: Finance, Asset Management, Investment
Location: Nigeria
Job Summary:
An Alternative Assets Operations Manager in Nigeria oversees the operational aspects of alternative investment management, ensuring efficient and effective processes.
Key Responsibilities:
Operational Management
  1. Manage day-to-day operations of alternative investment portfolios.
  2. Ensure compliance with regulatory requirements and internal policies.
Trade Processing and Settlement
  1. Oversee trade processing, confirmation, and settlement.
  2. Ensure timely and accurate trade execution.
Custody and Asset Servicing
  1. Manage relationships with custodians and asset servicing providers.
  2. Ensure accurate and timely asset valuations.
Risk and Compliance
  1. Monitor and manage operational risks.
  2. Ensure compliance with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations.
Client Onboarding and Relationship Management
  1. Manage client onboarding process.
  2. Build and maintain relationships with clients.
Team Management
  1. Supervise operations team.
  2. Develop and implement process improvements.
Reporting and Communication
  1. Prepare and present operational reports.
  2. Communicate with stakeholders on operational matters.
Skills and Qualifications:
  1. Bachelor’s degree in finance, business, or related fields.
  2. Professional certifications (CFA, CAIA, etc.).
  3. 5-7 years of experience in operations management or related field.
  4. Strong organizational, communication, and problem-solving skills.
Certifications:
  1. Chartered Financial Analyst (CFA)
  2. Chartered Alternative Investment Analyst (CAIA)
  3. Certified Operations Professional (COP)
  4. Certified Financial Services Auditor (CFSA)
Salary Range:
  • Entry-level: ₦2.5 million – ₦5 million per annum
  • Mid-level: ₦5 million – ₦10 million per annum
  • Senior-level: ₦10 million – ₦20 million per annum
Top Employers:
  1. Asset Management Corporation of Nigeria (AMCON)
  2. Nigerian Stock Exchange (NSE)
  3. Securities and Exchange Commission (SEC)
  4. Investment banks
  5. Alternative asset management firms
  6. Private equity firms
Growth Prospects:
  1. Increasing demand for operational efficiency.
  2. Growing Nigerian economy.
  3. Opportunities for professional development.
Key Performance Indicators (KPIs):
  1. Operational efficiency
  2. Risk management
  3. Client satisfaction
  4. Team performance
  5. Compliance with regulatory requirements
Industry Trends:
  1. Digital transformation in operations
  2. Outsourcing and third-party risk management
  3. Regulatory updates
  4. Operational risk management
References:
  1. Securities and Exchange Commission (SEC) Nigeria
  2. Nigerian Stock Exchange (NSE)
  3. Asset Management Corporation of Nigeria (AMCON)
  4. Global Association of Risk Professionals (GARP)
  5. Certified Financial Analyst (CFA) Institute