Investment Manager at Absa Bank Limited

Job Purpose:

The role holder key responsibility is execution of investment strategies and activities for assigned portfolios in line with client Investment Policy Statement documents (IPS) and as guided by regulatory requirements and Group’s policies.

Support the delivery of the firm’s revenues & profitability.

Key Accountabilities

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 CFA Performance Reporting Standards.
• 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

• Keep abreast of latest developments in international and regional markets and assist the Investment/Business Development Team to develop appropriate products for launch. 
• 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. 

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. 

Skills and experience required:

• A first degree in relevant subject which may include Finance, Commerce, Actuarial Science etc.
• Have attained the CFA Charter/CIFA.
• Compliant with the CISI and ICIFA certification requirements.
• A minimum of ten (10) years in the financial sector; with at least five (5) year work experience gained in an investment house/environment
• Knowledge of the Kenya financial services industry and regulatory frameworks.
• Knowledge of various investments concepts such as risk management and compliance, products, asset classes, alternative investments etc.
• Familiarity with investment management systems such as Bloomberg, Refinitiv etc

Knowledge, Expertise & Experience

• Understanding and appreciation of fiduciary responsibility, personal integrity and professionalism.
• Business focus: commercially astute, attuned to regulatory and statutory obligations; understand the local and regional business environment. In tune with business and client priorities.
• Ethical behaviour and business practices: ensures own behaviour and the behaviour of others is consistent with ethical standards and acceptable business practices. Aligned to the values of the business.
• 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.
• 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
• Interpersonal skills and fosters teamwork: Has a strong presence and can interact effectively with the relevant 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
• Effective communicator: communicates in a clear and timely manner using appropriate and effective communication tools and techniques.
• Organiser/ 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.

Closing: 17 June 2022