Head, Investment Management At PAL Pensions

 Role Objective
The job holder will support Management in achieving the Company’s Investment Management Strategy and ensure superior returns to stakeholders.

Responsibilities

• Oversee the Department and provide leadership support to the team.
• Ensure accurate preparation of projection statements for all funds.
• Effective manage the PAL value fund and other funds by:
• maintaining the fund management file
• initiating Investment Transactions
• tracking Corporate Actions
• preparing periodic portfolio reports
• ensuring timely and errorfree operation of all funds under management
• Achieve agreed return objectives on the PALVF, NNPC fund, NPA, FAAN, Retiree Fund
• Prepare standard Board Committee Reports on monthly and quarterly basis.
• Conduct Research surveillance of financial markets – the Money market, Stock market and Fixed Income Securities as well as any other new investment outlet as may be approved by PenCom.
• Conduct the Company’s Limit Equities Research and maintain the stock trading spread.
• Maintain a Money Market Surveillance Rates Sheets by updating banks ratings and liquidity.
• Maintain oversight function by monitoring compliance in respect of PenCom investment guidelines.
• Other duties assigned by the Line Manager and Management.

Desired Qualities

Competencies

• Managerial and leadership skills
• Use of sound judgement and decision making.
• Strong interpersonal skills
• Excellent communication skills
• Team building skills
• Influencing and Negotiation skills
• Investment Analysis and Interpretation skills.
• Valuation
• Portfolio Management

Minimum Qualification
Second Class Lower Bachelor’s degree in a numerate / business related discipline or its equivalent.

Professional Qualification
CFACharterholder

Experience
Minimum of 10 years post qualification experience, of which, at least 8 years must have been in the financial sector and 4 years in Treasury/ top management positions.