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Absa Group

Investment Manager

Asset ManagementPosted on Nov 11
Full-timeKenyaNo salary listedIn-person

About the Job

Requirements

  • A first degree in a relevant subject is required; Business Management, Commerce, and Actuarial Science are preferred subjects.
  • Must be a Chartered Investment & Financial Analyst (CIFA) certified or actively pursuing CIFA qualifications and registration.
  • At least seven years of experience in the financial sector, including at least five years of work experience in an investment house or environment.
  • Knowledge of the Kenya financial services industry and regulatory frameworks.
  • Knowledge of investment concepts, including risk management and compliance, investment products, asset classes, and alternative investments.
  • Familiarity with investment management systems such as Bloomberg and Refinitiv.
  • A Higher Diploma in Business, Commerce, and Management Studies is required.

Responsibilities

  • Oversee the management and performance of investment portfolios in accordance with client Investment Policy Statement documents, regulatory requirements, and Group policies.
  • Support day-to-day portfolio management through monitoring, analysis, execution follow-up, and reporting.
  • Generate content as a key member of the AAML Investment Committee, as guided by the Chief Investment Officer.
  • Develop portfolios and deliver investment returns exceeding preset benchmarks.
  • Drive strategic and tactical asset allocation decisions based on macroeconomic, market, and sector analysis.
  • Translate investment strategy into executable portfolio actions.
  • Monitor portfolios under management and execute rebalancing strategies in line with Investment Committee strategies, Investment Policy Statements, regulatory provisions, and internal control frameworks.
  • Report client performance in accordance with Global Investment Performance Standards.
  • Follow the CFA Code of Ethics, Standards of Professional Conduct, and relevant ABSA governance provisions.
  • Ensure investment decisions are supported by appropriate internal and external research and analysis.
  • Manage existing client relationships to retain and grow business.
  • Support the Business Development team with presentations to potential clients.
  • Use existing Group business relationships to grow the client base.
  • Keep abreast of international and regional market developments and assist the Investment and Business Development teams in developing products for launch.
  • Prepare scheduled and ad hoc client reports covering economic and market overviews, portfolio valuation and performance, and fund strategy.
  • Coordinate with relevant functions to ensure timely and accurate reporting to regulators, including CMA and RBA, as appropriate.
  • Prepare and present portfolio reviews, performance reports, and investment proposals to Investment Committees, Trustees, and high-net-worth clients.
  • Engage with clients, trustees, regulators, and auditors as required.
  • Explain portfolio performance and market developments to clients.
  • Assist in preparing strategy papers, investment recommendations, and reports for the Board, AAML Governance Committees, and other stakeholders.
  • Manage relationships with brokers, analysts, issuers, and other market participants.
  • Carry out activities in compliance with regulatory requirements, the Enterprise-Wide Risk Management Framework, and internal Absa policies and standards.
  • Understand and manage role-related risks and risk events.
  • Ensure investment activities comply with CMA, RBA, and IRA regulations, trust deeds, client mandates, and internal risk limits.
  • Identify, assess, and mitigate market, credit, liquidity, and concentration risks.
  • Support stress testing, scenario analysis, and downside risk planning.
  • Act as a data steward and coordinate the Investment Committee.

Desired Qualifications

  • Professional qualifications such as CFA, CPA, CISI, CAIA, or other relevant fund-management qualifications are an added advantage.

About the Company

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