Fund Manager at Maurice Xandra Solutions

Our Client in the Finance industry seeks to fill the position of a Fund Manager who will be responsible for providing leadership to the investment management team by contributing to the formulation of investment strategies, product development, process improvement initiatives and ensure implementation. Ideal candidates will be efficient in trade execution, portfolio administration, and transaction processing; setting up and managing a portfolio that offers an ideal investment facility, which allows earning an attractive and stable return on the portfolio while managing liquidity efficiently must have experience in an asset management/investment firm.

SPECIFIC DUTIES& RESPONSIBILITIES

• Develop Procedures and Processes: Produce and implement a manual of procedures and processes for investment-related activities to earn competitive returns through dynamic asset allocation between short-term and long-term investments.
• Direct financial investments and activities for clients analyzing market data and client investment goals to develop funds that balance income across the mix of stocks, bonds, and other securities.
• Investment Strategy: Active contribution to the development and implementation of strategies to improve the portfolio management function.Responsible for funds management to earn potentially competitive returns through dynamic asset allocation between Short-term and Long-term financial instruments while ensuring capital preservation.
• Market Research and Analysis: Lead market research and analysis efforts into uncovering both global and local macroeconomic trends in the financial market, extensive research into various financial instruments, and in-depth
  review of mostly active instruments, to understand current trends, and forecast the future performance of the portfolio, with the aim of applying this knowledge to keep up with benchmark returns.
• Manage Portfolio Performance: Develop AAM portfolio performance benchmarks and targets based on factual market information on a periodic basis (quarterly, half-yearly, and annually), or at any other frequency interval requested.
• Review Investment Proposals: Prepare funds management proposals for current and prospective clients.
• Asset Allocation: Review on a constant basis, the portfolio asset allocation to achieve desired objectives and/or goals and ensure compliance with regulations as applicable.
• Trade Execution: Trade execution including compilation and dissemination of approved portfolio trade orders to counterparties. Ensuring efficient and accurate posting of portfolio and transaction data, leading to efficient transaction processing.
• People Management: Responsible for driving and sustaining strategic people management practices that support the organization's ability to achieve its corporate objectives.
• Strategically plan and direct operations of the portfolio
  management business; lead and manage the portfolio investment team.
• Ensure the funds operate in accordance with regulations outlined by authorities, such as the Securities and Exchange Commission.
• Carry out other tasks as recommended by Risk Management and Compliance unit to reduce risks on portfolio
• Any other tasks as assigned

REQUIRED COMPETENCIES

• Excellent Numeracy and analytical skills.
• In-depth understanding of financial markets
• Good model building skills
• Good quantitative analysis and problem-solving skills
• Good knowledge of the Nigerian Financial Markets
• Good portfolio management and product development skills
• Good leadership abilities
• Good relationship management skills
• Good interpersonal and communication skills.

EXPERIENCE & QUALIFICATIONS

• Minimum of bachelor’s Degree in Finance, Economics, Accounting, and Business Administration or any related discipline with at least 7 years’ relevant experience.
• A Master’s degree in a related discipline will be an added advantage.