FEN Jobs: ABU DHABI INVESTMENT COMPANY (ADIC)

                ABU DHABI INVESTMENT COMPANY (ADIC)

                Financial Economist and Forecaster


     The Abu Dhabi Investment Company (ADIC) invites
     applications for a Financial Economist and Forecaster
     reporting to the Sr. Vice-president - Risk Management.


     KEY RESPONSIBILITIES:

     - Design, implement and run multiperiod non-linear
       optimisation models for strategic asset allocation and
       economic capital determination.
     - Design, implement and run state dependent multivariate
       forecasting models for the company asset classes returns.
     - Develop and implement a number of quantitative financial
       models supporting the risk management activities e.g.
       econometric factor risk models, Monte Carlo simulations
       for the company's and subsidiaries assets value, and
       relative to benchmark optimisation programs for tactical
       portfolio management.
     - Analyse and report risk statistics of the companies
       holdings in alternative and non alternative investment
       funds.


     MINIMUM QUALIFICATIONS:

     - Ph.D. graduate or candidate in finance, economics,
       statistics, mathematics, or econometrics.

     Competencies:
     - A very solid background in finance and econometrics is
       essential. In particular, strong academic and hands on
       experience in non linear optimisation techniques for
       asset management, non linear state space financial
       modelling and advanced financial time series modelling is
       required.
     - Advanced ability to use Windows-based applications
       (including VBA programming) and a thorough knowledge of
       Matlab, Eviews or similar mathematical and econometric
       packages is necessary.
     - Excellent English report writing and communication skills
       are essential.
     - Ability to work on his/her own initiative and in a
       largely autonomous way.


     APPLICATION PROCEDURE:

     Interested candidates should send via e-mail to:

     Email:       MAILTO:jobs@adic.ae

     detailed curriculum vitae, together with a copy of his/her
     relevant publications or papers, professional or academic
     references and any evidence of relevant software knowledge
     including programmed code.

     ADIC provides an attractive compensation.


     ABOUT ADIC:

     Abu Dhabi Investment Company (ADIC) is the first investment
     company in the United Arab Emirates, and is one of the
     leading financial services firms in the region. Established
     by Emiri Decree on February 24, 1977, the company is
     majority owned by Abu Dhabi Investment Council.

     ADIC focuses its investments in four strategic sectors:
     Asset management (including alternative investments),
     Private Equity, Real Estate and Infrastructure, with a
     geographic focus on the MENA region and select
     international markets.

     The risk management functions is responsible for
     proactively contributing to the strategic investment
     decisions of ADIC and evaluating their risk adjusted
     performance, as well as assessing, managing and reporting
     on the risks the company incurs and advising on the
     necessary economic capital levels.
Posted 3/2/08