Portfolio Manager job in Kenya - CoopTrust Investment Services

Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? 

The Co-operative Bank of Kenya, “The Kingdom Bank” is the place for those looking to new horizons.
We are looking for dynamic, creative and self-oriented professionals to fill the position of:

Portfolio Manager - CoopTrust Investment Services

Job Summary:

Reporting to the Senior Portfolio Manager, the role shall entail selling of Company’s investment products to grow assets under management. 

The role holder shall be a member of the investment committee and he/she shall be the primary relationship manager to allocated Clients.

Main Duties:

The key responsibilities will among others include:

• Develop deal pipeline of Prospects and actively pursue them.
• Prepare sales proposals and make presentations to Prospects as appropriate.
• Work with other departments of the Bank to identify prospects who have existing relationship with these departments notably Institutional Banking, Sacco Banking and Corporate Banking.
• Cross sell other bank products to Clients.
• Submission of account opening documents to operations department for forwarding to legal for signature and for Client installation in the system.
• Participate in product development.
• Attend Investment committee meetings.
• Familiarise with various investments held and be able to offer justification to the Clients on purchase/hold or sale decisions undertaken.
• Attend Investment committee meetings.
• Regularly monitor portfolios under management and recommend any rebalancing strategies to bring them in line with both agreed investment committee strategies and Client current circumstances.
• Prepare and dispatch to Clients quarterly investment reports that incorporate economic and market overview, current portfolio valuation, transactions during the quarter, performance and strategy for the following quarter.
• Attend Client meetings / AGMs and make presentations as appropriate.
• Work closely with the Client investment committee/ Fund secretaries so as to bolster good working relationship.
• Write call reports for any Client visits and action areas of attention promptly.
• Maintain client file for all correspondences, reports and minutes of Client meetings.
• Ensure all documentations regarding relationship with Client in terms of investment management agreement, and investment policy statement are complete and up to date.
• Ensure that billing for management fees  is done promptly and in line with agreed terms and follow up for settlement undertaken.
• Submit Weekly Activity Reports.

Job specification:

The incumbent will be required to possess the following qualifications, attributes and skills:

• Degree in a Business related course.
• CFA Charter holder, Qualified Accountant, Professional Marketing courses or relevant postgraduate qualification.
• Membership in relevant professional  body.
• Minimum of 3 years experience in investment portfolio management, Client service and Sales and Marketing.
• Excellent communication, presentation and report writing skills.
• Proficiency in Microsoft office applications. Working knowledge of an investment management system is an added advantage.
• Knowledge of P&L, balance sheet and cash flow statements and good understanding of key accounting ratios and modeling techniques would be a distinct advantage.

Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum Vitae accompanied by copies of certificates and indicating the current remuneration to the address shown below by 14th February 2013.

We are an equal opportunity employer.

Only the short listed candidates will be contacted.     

Please quote this reference on your application and on the envelope: PM/1/HRD/2013.

The Director
Human Resources Division
Co-operative Bank of Kenya Ltd.
P.O. Box 48231-00100
Nairobi