R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
Our client is South Africa’s is a highly successful investment manager with more than R200 billion in assets under management. They offer clients a solution-driven approach designed, implemented and managed by a team of experienced investment professionals with a diverse skill set. They have a long-standing tradition of blending both fundamental and rules-based techniques across all asset classes, with a specialist ability in fixed income strategies.
They now seek a cash portfolio manager to join their team. You will report to the senior portfolio manager: lead – cash solutions.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be required to work closely with the investment team client relationship managers and administration team to manage, monitor and maintain client portfolios;
- Daily cash management process, which involves:
- You will be required to review cash requirements for the day;
- You will be required to make cash available from various sources (example – move funds from call, perform internal trades, sell out of unit trust holdings, sell assets back to the bank);
- You will be required to ensure trades are captured and authorised in the system timeously and within compliance parameters;
- You will be required to ensure that there are no overdrawn balances;
- Assist with investment decision making process where high levels of liquidity are prevalent and / or good investment opportunities presents itself:
- You will be required to keep abreast of economic and financial developments in the market;
- You will be required to attend meetings with sell-side analysts, economists and issuers;
- You will be required to recommend trade ideas to investment team when identified;
- You will be required to participate in primary auctions and secondary market trades;
- You will be required to ensure Issuer has been approved and appropriate limits set up in CRIMS;
- You will be required to work out fund investment allocations based on various factors such as liquidity, regulatory and mandate limits, fund performance;
- You will be required to send allocation to counterparty;
- You will be required to ensure new instrument has been correctly set up and deal authorized on the system;
- Analysis and management of portfolios:
- You will be required to rank fund yields, check for underperforming funds and implement changes as appropriate;
- You will be required to review fund maturity profiles, rebalance fund if necessary;
- You will be required to review spread buffer charts to identify where there is a need for rebalancing;
- You will be required to maintain a good knowledge of the cash flow behaviours of the various funds and ensure appropriate levels of liquidity are maintained;
- You will be required to assist with construction of charts and graphs as well as providing info for client presentations;
- You will be required to review and confirm fund unit trust prices;
- You will be required to assist with the credit analysis process;
- You will be required to assist with ad hoc client and internal queries;
- You will be required to attend client presentations and present at client presentations as required;
- You will be required to draft economic commentary on a monthly basis;
- You will be required to draft articles related to fixed income topics on an ad-hoc basis;
- Training and compliance:
- You will be required to ensure relevant training requirements specific to regulatory and development matters are adhered to annually;
- You will be required to make sure the CPD programme plan is drafted, signed-off and adhered to annually;
- You will be required to apply fair, transparent and TCF-aligned decision-making in all matters affecting shareholders and clients;
- You will be required to work with clients, financial institutions, sell side analysts, economists and issuers;
- You will be required to be involved in the management of money market and core cash portfolios managed by the company initially, with a possibility to expand the role to the other strategies used in portfolio management.
CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:
- You have the ability to take initiative;
- You have the ability to multi-task and manage time effectively;
- You are self-motivated, confident, detail-oriented and analytical;
- You are able to demonstrate courage & show conviction;
- You are able to engage effectively with colleagues in both formal and informal environments;
- You are able to actively participate in team and organizational activities;
- You are able to contribute positively to team culture and engagement;
- You are able to demonstrate a strong willingness to support others beyond core responsibilities through supporting team members and business objectives;
- You are able to work well within a team environment;
- You have the ability to think critically;
- You have a broad understanding of and keen interest in investments;
- You have a keen eye for detail;
- You have excellent communication (verbal and written) skills in English;
- You have the ability to adapt to the environment and think out of the box at times. Not only for your role in the team but your role in the company;
- You are willing to work outside the scope of your role and where needed in the business.
CORE QUALIFICATIONS AND EXPERIENCE:
- You have a minimum of an undergraduate degree at honours level ;
- You are willing to obtain CFA in the near future and have a level 1 at least, currently;
- You are proficient in advanced Excel, Word, PowerPoint and Outlook;
- You have previous working experience / obtain experience on Fundamental, Charles River, IRESS, Reuters systems.
You are passionate about investments; working in a team of experts; working hard and smart and adding value from day one. You will be rewarded with a superb team; superior management and performance incentives!