Portfolio Manager – Co-op Trust Investment Services Limited (CISL)
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 Chief Investment Officer (CIO), Co-optrust Investment Services Limited. The Portfolio Management role offers support and execution to allocated investment portfolios planning, implementation, and monitoring. Will be a member of the Investment Committee (IC) and is expected to actively participate during deliberations. Maintain strong relationships with his set of clients and ensure 100% retention.
Responsibilities
Specifically, the successful jobholder will be required to:
- Participate in the formulation of the investment
strategy based on client circumstances and capital markets expectations.
- Liaise with the dealer, and 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 the 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 the 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 to 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.
Qualifications
- A strong academic background in a quantitative
discipline, economics, or finance background at the undergraduate level.
- 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.
- A 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 a 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.
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 “PM/CISL/2022” by close of business on Wednesday
21st December 2022.