A multi-billion sovereign wealth fund in the United Arab Emirates is seeking a director of public markets to be based in Dubai.
According to a job posting on eFinancialCareers, the unnamed fund is looking to hire a “highly strategic” investor with extensive experience in global equities to take over its public investments in more than 30 countries.
The ideal candidate will be able to work with not only public equities, but also fixed income, multi-asset strategies, and short-term assets.
There is one multi-billion sovereign fund based in Dubai: the Investment Corporation of Dubai. The estimated $165.6 billion fund and recruiting firm Madison Pearl did not respond to CIO’s requests for confirmation by time of press.
The successful candidate will diversify the portfolio across sectors and markets to maximize returns on non-oil investments.
The public markets chief is also responsible for developing policies and strategies for “all public market portfolios, research, dealing/trading, and risk management and compliance functions,” the posting said.
Candidates should have buy-side experience—with a focus on public equity—and present strong leadership skills “to drive and mentor the team towards growth,” according to the fund.
The sovereign fund is looking for candidates with at least 15 years of investment experience in global markets, as well as a minimum of five years in a leadership and management position.
Applicants must also have a degree “with a preferred specialization-related certification,” be fluent in English, and have a working knowledge of Arabic.
Interested candidates should contact search firm Madison Pearl.
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