Deputy Director, Investment & Portfolio Management at Kenya National Entrepreneurs Savings Trust (KNEST)

REF KNEST/FMA/001/26 (RE-ADVERTISEMENT)
 Job Specifications

Duties and responsibilities at this level will entail: -

• Overseeing the development of policies, regulations, guidelines and strategy for fund management
• Overseeing the development of the Scheme’s investment plans and strategy;
• Recommending to Trustees strategic investments opportunities;
• Establishing linkages with strategic financial partners;
• Regularly meeting with investment analysts and financial strategic partners to discuss investment opportunities;
• Providing leadership in analyzing business performance, industry trends, existing or new regulatory requirements and their impact on business operations.
• Leading in Investment negotiations;
• Ensuring investment portfolios are aligned with statutory guidelines and KNEST’s strategic objectives;
• Ensure undertaking of Portfolio and Investment Research;
• Advising the Trustees on investment options and opportunities;
• Ensuring returns on investment
• Coordinating acquisition and management of Scheme Investment with the aim of increasing its value and assure best returns on investment
• Setting the criteria and conditions governing investment;
• Aligning investment portfolio with KNEST ’s strategic objectives;
• Ensuring maintenance of proper investment records for all securities
• Ensuring preparation of all investment and periodic portfolio performance reports
• In liaison with the Fund Manager, ensure preparation and filing of all statutory reports
• Managing and developing staff in the department.
• Ensuring prudent utilization of the resources of the Corporation

Person Specifications

For appointment to this grade, an officer must have: -

• Served for a minimum period of ten (10) years, four (4) of which shall be in a management role;
• Bachelor’s degree in any of the following disciplines; Commerce (Finance option), Finance, Economics, Business Management (Finance option) or equivalent qualification from a recognized institution;
• Masters degree in any of the following disciplines; Commerce (Finance Option) Finance, Economics, Business Administration (Finance Option) or equivalent qualification from a recognized Institution;
• Passed Part III of the Certified Public Accountants (CPA K) examination or equivalent qualification from a recognized institution;
• Certificate in Leadership/Governance course from a recognized institution;
• Membership with a relevant professional body;
• Proficiency in computer applications;
• Meet the requirements of Chapter six of the Constitution; and
• Demonstrated professional and Managerial competence in finance and accounts functions as reflected in work performance and results.

Key Competencies and Skills

• Communication skills;
• Team work;
• Interpersonal skills;
• Analytical skills;
•  Time management skills;
• Organizational skills;
• Leadership skills;
• Negotiation skills;
• Decision making skills; and
• Problem solving skills