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Introduction

The inception of the IILM signifies the commencement of a global collective endeavor to enhance the stability of Islamic finance with short-term Shari’ah-compliant instruments. A global collaboration, the IILM is expected to become a formidable international presence in the arena of Islamic finance.

Hosted by Malaysia and headquartered in Kuala Lumpur, the IILM seeks outstanding professionals with expertise in their respective fields to join its international staff and move forward with the organisation.

Benefit

A career with the IILM gives you an opportunity to work with and be challenged by a diverse team of influential industry professionals with top-level global experience. The IILM team comprises current and emerging leaders that focus on developing an important aspect of the future of Islamic financial markets through forging ties and setting precedents along the way.

Workplace Culture

The IILM seeks individuals with top professional and academic credentials and great ambition who hold themselves to the highest standards of excellence. We are keen to welcome team members who have a strong passion for Islamic finance and who would thrive in a performance-driven organization. The IILM aims to have a developmental impact in international Islamic finance. We therefore wish to identify and recruit only the best.

CURRENT OPENING

Associate Vice President, Issuance and Investor Relations (IIR) (2024/HR/07/0032)

The International Islamic Liquidity Management (IILM) is a Supranational institution established by Central Banks, Monetary Agencies and Multilateral Organisations to facilitate effective cross-border Shari’ah-compliant liquidity management. The IILM is currently the largest issuer in the Global Sukuk short-term market with more than 255 Sukuk offered since 2013 for a total of USD 107 Billion.

You will be joining the Front Office team to develop the distribution of the IILM Sukuk to investors globally and provide other technical contribution such as issuance strategy and execution, data collection, production of research and statistical analysis. This opportunity will provide you with a breadth of experience in Islamic Finance and an in-depth insight into Sukuk Issuance, Liquidity Management, Securitization and Asset Structuring. You will have the chance to experience a wide range of work, play a key role in our expanding innovative platform, and participate in our various business activities.

Duties and Responsibilities:

Issuance
• Assist the Issuance team to execute the issuance strategy and to conduct regular auctions of the IILM Sukuk
• Contribute to setting up auctions schedule with the appropriate parameters while ensuring financial sustainability
• Follow procedures and guidelines to ensure smooth auction process
• Track, assess and organise Auction data and PDs’ bidding behaviour to provide charts and detailed analysis
• Maintain a strong relationship with the IILM Primary Dealers (PDs) and investors
• Monitor market and liquidity conditions to identify and analyse the IIFIs’ needs
• Enhance and monitor secondary market to fulfil the IILM mandate
• Prepare and enhance the different reports and presentations to the IILM Boards
• Ensure the reliability, effectiveness and enhancement of the existing auction system
• Develop procedures and guidelines to ensure smooth auction process
• Support the renewal process of the Primary Dealership agreement
• Participate to the Issuance Committee

Investors Relations
• Contribute to develop the investor base for the IILM Sukuk
• Maintain investors mailing list, contact list and call reports
• Participate to regular investors meeting and discussion to mitigate reissuance risks
• Spread awareness of the IILM Sukuk and its added value for liquidity management
• Enhance marketing material such as IILM factsheet, Investor Presentation, or Website
• Support the organisation of investor and PD roadshows

Others
• Write research articles on the IILM, Liquidity Management and other relevant topics
• Share strategic thinking with the BO team and the ED BO on business activities
• Engage with counterparties to execute Commodity Murabaha placements and develop the number of the approved counterparties to mitigate credit risk
• Guide and train the Associates and trainees in performing their duties
• Participate on ad-hoc projects and additional tasks as and when required, as directed by the supervisor under the instruction of the CEO
• Prepare marketing presentation for investors and material for board committees

Requirements and Qualifications:

The IILM shall appoint a AVP Issuance and Investors Relation taking into consideration the following criteria:
• Bachelor’s/ Master’s degree in Finance, Economics, Mathematics, Banking, Islamic Finance, or a related discipline
• Professional qualification such as CFA is an added advantage
• Fluent in English and another foreign language
• 3 to 5 years of relevant experience in Treasury & Financial Markets or Investment Banking, especially on the sell side, with exposure to GCC-based investors
• Knowledge of Islamic Structuring Solutions
• Strong analytical and interpersonal skills
• Excellent written and verbal communication skills
• Strong organizational skills, with the ability to work under pressure
• Ability to present insights to both technical and non-technical stakeholders
• Highly skilled in Microsoft Office tools (Excel/Macro & PowerPoint)
• Strong attention to detail, delivering accurate and high-quality work within established deadlines
• Strong motivation to contribute to the development of Islamic Finance

The target hiring period is August/September 2024. Interested candidates should submit their applications, including a cover letter and resume, to careers@iilm.com by August 26, 2024. Please include the position you are applying for in the subject line of your email.