Portfolio Manager – Co-op Trust Investment Services Limited (CISL) at Co-operative Bank of Kenya

The Role

Specifically, the successful jobholder will be required to:

• Participate in formulation of the investment strategy based on client circumstances and capital markets expectations
• In liaison with the Dealer, implement investment decisions on behalf of the clients as approved by the Investment Committee
• Monitor cash flows and promptly invest any idle cash as per prevailing investment strategy
• In liaison with the Dealer, promptly avail cash for settlements and withdrawals
• Regularly monitor portfolios to bring them in line with both agreed Investment Committee strategies and the current circumstances of the client, paying special attention to ability to meet client return objectives, benchmarks and targets
• Prepare and dispatch clients’ quarterly investment reports that incorporate an economic and market overview, current portfolio valuation, transactions undertaken during the quarter, performance, and strategy for the following quarter within two weeks of the end of the quarter
• Attend all client meetings, including Annual General Meetings, and make presentations as appropriate
• Promptly respond to client issues and ensure satisfactory resolution of the same
• Invite clients for any appropriate forum organized by recognized bodies
• Work closely with the client to foster a fruitful working relationship
• Prepare call reports for visits made to clients and action areas of attention promptly
• Liaise with potential clients, including networking, in a bid to grow the clientele base of the Company
• Assist the Research Team in undertaking analysis by participating in group discussions regarding the same
• Proactively search for new investment opportunities and bring them to the attention of the Research Team for analysis
• Become familiar with the various investments held and be able to justify to clients the basis of purchase / hold / sell decisions made

Skills, Competencies and Experience

• A strong academic background in a quantitative discipline, economics, or finance background at undergraduate level.
• Must be a registered and practicing member of ICIFA – Institute of Certified Investment and Financial Analysts
• A candidate in the CFA program, or CFA charter holder
• Experience in research analysis and dealing
• Minimum of 7 years’ experience in Research analysis, Client service and sales

Desirable knowledge/skills and Experience Required:

• Advanced Word, PowerPoint, and Excel (Macros) would be advantageous, with the ability to produce charts and graphs
  Sound understanding of database modeling techniques and the ability to quickly pick up the use of non-Windows applications and in-house databases would be beneficial
• Knowledge of P&L, balance sheet and cash flow statements and good understanding of key accounting ratios and modeling techniques would be a distinct advantage
• A genuine interest in financial markets is essential
• Proven academic performance and the ability to demonstrate solid numerical and analytical skills
• A strong command of the English language (oral and written) is essential, as are excellent communication skills
• Excellent presentation skills and ability to interact confidently at all levels
• Good time management skills