Fund / Portfolio Manager at Parthian Capital Limited (PCL)

About the job

• The Fund/Portfolio Manager is responsible for the design, implementation, and active management of investment portfolios and collective investment schemes across multiple asset classes, including equities, fixed income, money market instruments, and alternative investments. This role aims to deliver competitive, risk-adjusted returns in accordance with client mandates, investment guidelines, and regulatory frameworks set by the Securities and Exchange Commission (SEC) and the Investments and Securities Act of 2007. The ideal candidate combines technical expertise, market insight, and fiduciary discipline to ensure portfolio performance, compliance, and alignment with client expectations.

Key Responsibilities:

Investment Strategy Development & Execution

• Develop and implement robust investment strategies across Naira- and foreign-denominated portfolios.
• Ensure portfolio strategies align with client mandates, investment policy statements (IPS), risk tolerance, and return expectations.
• Recommend tactical and strategic asset allocation decisions based on market dynamics, client objectives, and regulatory limits.

Market & Investment Research

• Conduct fundamental and technical analysis of equities, fixed income, and alternative investment opportunities.
• Evaluate macroeconomic trends (e.g., GDP, interest rates, inflation, FX) and their potential impact on asset classes.
• Perform due diligence and valuation on investment opportunities including infrastructure funds, private equity, and REITs.

Portfolio Monitoring & Risk Management

• Actively monitor portfolio holdings and performance, ensuring adherence to investment guidelines, exposure limits, and asset allocation targets.
• Utilize portfolio analytics tools to assess risk (e.g., duration, beta, credit risk, concentration risk, and currency exposure).
• Adjust portfolios proactively in response to changing market conditions, fund cash flows, or risk factors.

Performance Reporting & Client Communication

• Prepare and present regular performance reports to clients, senior management, and investment committees.
• Provide insights on strategy, attribution, market outlook, and fund positioning.
• Support relationship management efforts with institutional and retail clients, providing technical support where required.

Regulatory Compliance & Documentation

• Ensure compliance with the Investments and Securities Act 2007, SEC regulations, CIS (Collective Investment Schemes) rules, and internal policies.
• Maintain investment records, trade documentation, and reports for audit and regulatory inspections.
• Collaborate with compliance, risk, and operations teams to enforce trading limits, KYC, AML, and fiduciary duties.

Trading & Execution Oversight

• Oversee execution of trades in fixed income and equity markets while maintaining best execution standards.
• Liaise with brokers, custodians, registrars, and back-office staff to ensure timely and accurate settlement.
• Supervise trade allocation across client accounts in line with fairness and regulatory guidelines.

Industry Engagement & Market Intelligence

• Stay informed about market developments, regulatory updates, investment trends, and new product innovations.
• Participate in industry fora, training programs, and regulatory consultations to strengthen Parthian Capital’s investment capabilities.

QualificationsKnowledge, Skills, and AbilitiesKnowledge

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• Professional certification (ICAN, ACCA, CFA, CIS, or SEC-registered individual certification) is required.
• Minimum 5 - 8 years’ experience in fund accounting, financial reporting, or investment operations within an asset management firm.

In-depth knowledge of:

• The Investments and Securities Act (ISA) 2007
• SEC regulations, NGX listing and trading rules
• Collective Investment Schemes (CIS) framework
• Asset pricing models, investment valuation techniques, and risk-return frameworks
• Portfolio construction principles and asset allocation strategies

Skills:

• Strong financial modeling and valuation expertise using Excel, Bloomberg Terminal, and portfolio analytics tools (e.g., Morningstar Direct, Eikon).
• Exceptional analytical and quantitative skills for performance attribution and portfolio diagnostics.
• Effective communication skills – able to explain complex investment concepts to both technical and non-technical stakeholders.
• Relationship management skills to liaise with clients, regulators, brokers, and internal teams.
• Time management and prioritization in handling multiple portfolios or fund strategies simultaneously.

Abilities:

• Ability to make informed investment decisions under pressure and respond quickly to market changes.
• Ability to maintain strict compliance with investment mandates, legal limits, and fiduciary responsibilities.
• Capacity to deliver superior risk-adjusted returns through disciplined portfolio management.
• Strategic thinking and agility in portfolio restructuring, rebalancing, or crisis navigation.
• Ability to contribute to product development, client solutions, and asset-class diversification initiatives.