Assistant Portfolio Manager (Domestic) at Public Investment Corporation

Ref: APMG150824

Purpose of the role:

• To contribute to the efficient execution of manager selection and portfolio construction processes in the allocated asset class(es) and to provide a significant level of support in the monitoring of external managers.

Requirements:
Minimum Requirements:

• B Com (Hons) or BSc (Hons) degree in Financial Management
• FAIS RE 05 Certificate or must be obtained within 6 months of employment
• At least 3 – 5 years’ experience in the investment industry
• Preferred Qualifications (Advantageous):
• CFA
• Masters, CFA or CA (SA)

Minimum Technical/Core Skill Requirement:

• Investment & Economic knowledge
• Excellent quantitative skills (including excel and other risk tools)
• Experience with a risk/optimisation model, e.g. MSCI Barra/Bloomberg
• Ability to interpret and make recommendations on research and analysis
• Extensive knowledge of financial markets/instruments/regulations, economic theories and relationships, valuation tools.
• Thorough understanding of investment managers’ investment disciplines and their expected portfolio characteristics and investment activities

Duties:

• Monitor developments in the financial markets to maintain an understanding of current and anticipated trends and how they may affect client portfolios. Remain informed, and keep the team informed, about current market developments and impact on external manager portfolios.
• Monitor and analyse existing managers’ w.r.t qualitative and quantitative factors
• Screen and analyse potential managers w.r.t qualitative and quantitative factors
• Produce risk and return analysis of existing managers and peer groups
• Produce reports for clients and internal committees, i.e. Portfolio Management Committee and Investment Committee
• Quantitative analysis of managers relative to stated benchmarks and peer groups
• Researching and evaluating investment strategies, ideas and concepts