Investment Analyst – Co-op Trust Investment Services Limited (CISL)
Job expires on December
21, 2022
Are you ready to transform
your career with an employer who promotes individual excellence and mutual
respect in a team-driven and high-performance culture? Are you keen to scale to
new heights and redefine success whilst creating value for your leadership brand?
The Co-operative Bank of Kenya, “The Kingdom Bank” is the place for those
looking for new horizons and exciting opportunities. If you have ambition,
energy, and drive – then we have room.
Co-op Trust Investment
Services Limited (CISL) is a fully owned subsidiary of the Co-operative Bank
Group involved in the management of investments on behalf of institutional and
individual investors such as Insurance companies, pension funds, and other
entities.
Reporting to the Head of Research and Chief Investment Officer – CISL the role shall entail selling of Company’s investment products to grow assets under management, ensuring execution of IC (investment committee), and overall guidance and co-ordination of work for the research team, property investments team, performance team, dealing and all investment team related personnel.
Responsibilities
Specifically, the successful jobholder will be required to:
- Ensure timely
and coordinated implementation of Investment committee decisions.
- Regularly
monitor portfolios under management and recommend/oversee any rebalancing
strategies to bring them in line with both agreed investment committee
strategies and the client’s current circumstances.
- Familiarise
with various investments held and be able to offer justification to the
clients on purchase/hold or sale decisions undertaken.
- Ensure timely
and accurate decision-making in IC via research to maintain above market
(> 75% percentile of ZCASS, ACTSERVE for > 70% of the clients –
balanced mandates).
- Guide the
performance analyst to ensure GAAPS-compliant reporting of all
performance-related matters.
- Co-ordinate
team in servicing clients segmented along product lines that ensure
effective and efficient servicing of clients.
- Set targets,
and staffing needs for staff that report to the CIO in consultation with
MD CISL.
- Chair
departmental meetings and brainstorming meetings within departments upon
request by MD.
- Participate in
the formulation of the company’s tactical plans including annual targets.
- Supervise
sending of investment reports to clients regularly to keep them informed
of developments in their investment portfolios including investment
performance, update them on the current investment market, economic
environment, and outlook as well as our proposed investment actions in
line with investment policy and market expectations.
- Handle client
payment requests and validation process to establish instructions originating
from the client.
- Ensure
important client documents including investment management agreements, fee
agreements, and investment policies are stored in the safe.
- Maintain a
dashboard to monitor the performance of portfolio managers in marketing efforts
and others.
Qualifications
- Undergraduate
degree in a business-related course.
- CFA charter
holder, qualified accountant, professional marketing courses, or relevant
postgraduate qualification.
- Minimum of 2
years of experience in research analysis, client service, and sales
Desirable Knowledge/Skills and Experience Required:
- Leadership
skills and experience in the management of client assets.
- Working
knowledge of investment systems.
- All-rounded
knowledge of investment products and services and general operations.
- Specialized
knowledge of common computer packages i.e., MS Office.
- Specialized
knowledge of business presentation skills, people skills, and time
management skills.
- Excellent
communication skills.
How to apply:
If you match the profile for this position, please forward your
application enclosing detailed curriculum vitae, national ID, and degree
certificate to jobs@co-opbank.co.ke,
reference number “IA/CISL/2022” by
close of business on Wednesday 21st December 2022.
