- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience5 – 7 years
- LocationNairobi
- Job FieldFinance / Accounting / Audit
Job Summary
- The role holder key responsibility is execution of investment strategies and activities for assigned portfolios in line with client Investment Policy Statement (IPS) documents and as guided by regulatory requirements and the Group’s policies.
- Support the delivery of the firm’s revenues & profitability.
Job Description
Key accountabilities/Deliverables/Outcomes
Investment Duties
- Key member of the AAML Investment Committee responsible for generating content as guided by the Chief Investment Officer.
- Responsible for developing portfolios and delivering investment returns exceeding pre-set benchmarks.
- Ensure timely and coordinated implementation of Investment Committee decisions.
- Monitor portfolios under management and execute rebalancing strategies to bring them in line with agreed investment committee strategies, Investment Policy Statements, Regulatory provisions and ABSA internal control frame works.
- Report client performance in accordance with Global Investment Performance Standards (GIPS).
- Uphold and follow the CFA Code of Ethics, Standards of Professional Conduct and relevant ABSA governance provisions.
- Ensure investment decisions are backed by high quality and appropriate research and analysis, both internal and external.
Business Development
- Manage existing client relationships in order to retain and grow business from company’s clients.
- Support the Business Development team in presentations to potential clients.
- Leverage existing business relationships of the Group to grow company client base.
- Keep abreast of latest developments in international and regional markets and assist the Investment/Business Development Team to develop appropriate products for launch.
Reporting and Relationship Management
- Responsible for the scheduled/ad hoc reporting to clients incorporating economic and market overview, portfolio valuation and performance and strategy for the respective funds.
- Coordinate with relevant functions to ensure timely and accurate reporting to regulators (CMA/ RBA) as appropriate.
- Making presentations to Client’s Investment Committees/ Trustees/ Fund secretaries.
- Assisting in preparation of strategy papers, investment recommendations and reports to the Board, AAML Governance Committees and other relevant stakeholders.
- Actively manage relationships with brokers, analysts, issuers and other market participants.
Administration
- Ensure all documentation regarding investment management are complete and up to date.
- Liaise with Operations to ensure that management fees are paid promptly.
Risk and Compliance
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards. Understand and manage risks and risk events (incidents) relevant to the role.
Role/person specification
Preferred Qualification
- A first degree in relevant subject which may include Finance, Commerce, Actuarial Science etc.
- Compliant with the CISI and ICIFA certification requirements
- Professional qualifications which may include CFA, CIFA, CPA, CISI, CAIA and/or other relevant professional qualifications in fund management will be an added advantage.
Preferred Experience
- A minimum of Seven (7) years in the financial sector; with at least five (5) year work experience gained in an investment house/environment.
Knowledge And Skills
- Knowledge of the Kenya financial services industry and regulatory frameworks.
- Knowledge of various investment concepts such as risk management and compliance, products, asset classes, alternative investments etc.
- Familiarity with investment management systems such as Bloomberg, Refinitiv etc
Behavioral Competencies
Interpersonal Skills And Fosters Teamwork.
- Has a strong presence and can interact effectively with the relevat governance and team structures in place in the business. Able to build relationships, influence, motivate and encourage consensus amongst peers, clients, and stakeholders at all levels and of different cultures and capacities, to produce high quality results.
Problem solver/ takes decisions.
- Capacity for sound judgment and the ability to think strategically. Enthusiastic, pragmatic, and energetic hands-on individual with an entrepreneurial spirit and a bias towards action and resolving issues quickly.
Ethical behavior and business practices
- ensures own behavior and the behavior of others is consistent with ethical standards and acceptable business practices. Aligned to the values of the business.
Organizer/ planner
- Ability to manage competing priorities in a high-pressure environment. Sets priorities and goals, and monitors progress. Implements action plans and evaluates process and results.
Technical Competencies
Understanding and appreciation of fiduciary responsibility, personal integrity, and professionalism.
- Consistently demonstrates honesty, integrity, and ethical behavior in order to builds a foundation of trust.
Effective communicator
- Communicates in a clear and timely manner using appropriate and effective communication tools and techniques.
Business focus
- Commercially astute, attuned to regulatory and statutory obligations; understand the local and regional business environment. In tune with business and client priorities
Adaptability to change.
- Ability to support process improvement and the development of technology to achieve business goals. Decisively responds to challenges in a changing environment and has the ability to influence change within others and cause positive outcomes.
Education
- Higher Diplomas: Business, Commerce and Management Studies (Required)
Method of Application
Interested and qualified? Go to Absa Bank Limited on absa.wd3.myworkdayjobs.com to apply.