Manager, Portfolio, Asset Management at Standard Bank Group

Job Description

Job purpose 

• Lead responsibility for implementing agreed investment strategies for assigned portfolios
• Responsible for security selection and rebalancing of assigned portfolios in accordance with regulatory requirements, agreed investment philosophy, investment processes and the respective investment policy of assigned portfolios
• To work with the team in developing and delivering a capacity-based investment and portfolio management framework, based on the strategic planning framework, which represents a repeatable and efficient approach for investment and portfolio management.

Key Deliverables 

• Manage all aspects of portfolio management of assigned client portfolios.
• Define and implement best practice within various areas in order ensure the best possible outcome for clients while ensuring growth in profitability for the business.
• Be a key and active participant in the investment process in order ensure optimum delivery to allow the client facing staff to fulfill their roles and grow profitability of the wider SBGS Securities business
• Ensure that the business evolves alongside industry through ongoing input and participation in the business development strategy plan
• Provision of customized asset management solutions and service to Clients.
• Portfolio Manager (PM) to be lead-manager on assigned client’s investment portfolios.
• The PM is responsible for ensuring the decisions of the Investment Committee are implemented into portfolios.
• Bespoke portfolio management for private HNW clients: aligning the clients’ requirements/mandate with the optimal asset allocation (customized asset management offering) and balanced with the client’s risk profile.
• To ensure all client portfolios are managed in accordance with model portfolio
• Ensure client’s portfolio is compliant regarding regulatory & statutory requirements.
• Maintain awareness of current and future legislative regulations to ensure timeous and appropriate product compliance.
• Maintain awareness of the Group’s policies and procedures to ensure operational product compliance.
• Actively contribute to the operational risk framework in the unit by way of the maintenance of the risk and control self-assessment matrix for the business unit together with its associated key risk indicators.
• Manage client portfolios actively and must be aligned to the SBGS Securities model house view portfolio. Where there are exceptions, these must be saved on file with a clear instruction from the client.
• Complete the compliance mandate monitoring exercise of client portfolios under your management, and account where there are deviations from mandate and model portfolio.
• Comply with legislation and Group regulation, where you will be required to monitor activity across client portfolios, from an AML / FIC perspective. You will be accountable to report/escalate breaches through the various internal governing structures within SBG Securities and the Group
• Assume responsibility for all trading and activities across your client portfolios, reporting into the applicable governing structures within SBG Securities.
• Portfolio managers are responsible for new client acquisition and organic client revenue growth - targets set at the beginning of the financial year.
• Provides thought-leadership, innovation and strategic ability for better ways of working, and servicing various distribution channels within the Group, with strong multi-disciplinary expertise
• Develops strong relationships with key distribution channels.
• Foster regular contact and service the channel by insightful interactions and communication regarding our investment thinking.
• Interacts effectively with senior management internally and externally and able to facilitate growth of our business.
• Strong commercial focus and ability to monetise our offering.
• Must be knowledgeable across sectors and able to speak definitively on our views across our holdings. Provides valuable insights across sectors and able to have strong views based on robust, well considered analysis on relevant information.
• Actively probes investment research and our thinking to ensure that there are sufficiently robust discussions in our investment process
• Client portfolio performance (ROI) and reporting

Qualifications

Minimum Qualifications
Type of qualification: First Degree

Field of study: Finance and Accounting

Type of qualification: Post Graduate Degree

Field of study: Finance and Accounting
Experience Required
Affluent Clients

• Personal and Private Banking
• 5-7 years leadership experience within asset management or senior portfolio manager experience preferably managing assets on behalf of High-Net Worth Clients or a Collective Investment Scheme. Decision-making track record.

Additional Information

Behavioral Competencies:

• Adopting Practical Approaches
• Articulating Information
• Documenting Facts
• Examining Information
• Exploring Possibilities
• Following Procedures
• Interacting with People
• Pursuing Goals
• Seizing Opportunities
• Team Working
• Understanding People
• Valuing Individuals

Technical Competencies:

• Client Retention
• Client Servicing
• Cross and Up-Selling
• Customer Understanding (Business Banking)
• Mind of Customer Experience
• Product Knowledge (Consumer Banking)