Portfolio Manager at Jubilee Insurance

Job Ref. No. JLIL074

Role Purpose

The role holder will execute the company’s Investment Strategy in consultation with the Investment Committee and deliver superior investment returns on client portfolio. The role holder will also assist with product conception, development and implementation. He/she will manage a team and coordinate with other departmental heads for smooth functioning of the organization and will serve as a Relationship Manager for the company’s clients.

Main Responsibilities

Investment Duties

• Develop and oversee the economic and investment research and report to the CEO.
• Responsible for developing portfolios and delivering investment returns exceeding pre-set benchmarks.
• Manage a team of investment professionals and research analysts.
• Ensure timely and coordinated implementation of Investment Committee decisions.
• Regularly monitor portfolios under management and recommend any rebalancing strategies to bring them in line
• with both agreed investment committee strategies and current client circumstances.
• Report in accordance with the CFA Institute GIPS Performance Reporting Standards
• Uphold and follow the CFA Code of Ethics and Standards of Professional Conduct.
• Ensure investment decisions are backed by high quality and appropriate research and analysis; both internally and externally.

Business Development Duties

• Manage existing client relationships 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 & Relationship Management

• Responsible for periodic reporting to clients while incorporating economic and market overviews, portfolio valuation, performance, and strategy for the following quarter.
• Coordinate with other Departmental Heads to ensure timely and accurate reporting to regulators (CMA/ RBas per the regulations.
• Making presentations to Client Investment Committees/ Trustees/ Fund secretaries.
• Preparing strategy papers, investment recommendations and reports to the Board, CEO, and Investment Committee.
• Actively manage relationships with brokers and other market participants.

Administration

• Oversee the maintenance of client files for all correspondences, reports, and minutes of Client meetings
• Ensure all documentations regarding relationship with clients in terms of investment management agreement, and investment policy statement are complete and up to date
• Liaise with Operations to ensure that management fees are paid promptly.

Key Competencies

• Market Awareness
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Team Spirit

Qualifications

• Bachelor’s degree in Mathematics/Statistics/Actuarial Science/Commerce or any other related field.
• Master’s Degree in Business Administration will be an added advantage.
• CFA charter holder or equivalent.

Relevant Experience

• A minimum of 4-6 years’ experience in managing investments.
• Track record of delivering superior investment returns
• Experience in managing funds on a local and/or regional basis will be an added advantage.