Portfolio Manager at Jubilee insurance

Portfolio Manager

Job Ref. No. JAML050
Position: Portfolio Manager
Jubilee Asset Management Limited (JAML) is a premier Asset Manager that offers differentiated investment products
and solutions across core assets, alternative assets and across all market cycles. Our clients include institutions,
high net worth individuals (HNWI) and retail clients. Our differentiated investments products and solutions include
Insurance Fund Management, Segregated Portfolio Management, Unit Trusts, Alternative Investments, Offshore
Investments and Structured Investment Products. For more information, visit
https://jubileeinsurance.com/ke/asset-management/.
We currently have an exciting career opportunity for a Portfolio Manager within Jubilee Asset Management
Limited. The position holder will report to the Senior Portfolio Manager and will be based in Nairobi.
Role Purpose
The Portfolio Manager will be responsible for managing client investment portfolios to achieve optimal financial
performance while aligning with clients’ financial objectives and risk profiles. The role involves developing and
implementing tailored investment strategies, conducting rigorous market analysis, and ensuring compliance with
regulatory standards and client mandates. By leveraging advanced analytical tools and market insights, the Portfolio
Manager will deliver customized investment solutions, enhance client satisfaction, and contribute to JAML’s growth
as a leader in the asset management industry.
Key Responsibilities
Strategy
1. Investment Strategy Development
• Design and implement investment strategies tailored to client risk profiles, financial goals, and market
conditions across asset classes (e.g., equities, fixed income, alternatives).
• Collaborate with the Senior Portfolio Manager to align portfolio strategies with JAML’s investment philosophy
and performance targets, aiming for a minimum alpha of 2% above benchmark indices.
• Identify opportunities for portfolio diversification and growth to enhance risk-adjusted returns.
2. Market Analysis & Research
• Conduct in-depth research on securities, industries, and economic indicators to inform investment decisions
and portfolio adjustments.
• Monitor global and local economic trends, market cycles, and asset class performance, utilizing real-time
data feeds (e.g., Bloomberg, Reuters) to optimize portfolio outcomes.
• Provide actionable insights to clients and internal teams, contributing to proprietary research reports and
investment theses.
3. Product Innovation
• Support the product development team in designing innovative investment products, such as unit trusts,
structured products, and alternative investments.
• Contribute to the creation of offshore investment solutions to meet diverse client needs and market
opportunities.
4. Client Engagement
• Prepare and present clear, data-driven portfolio performance reports to clients, ensuring alignment with their
objectives and market outlook.
• Participate in client meetings to discuss investment strategies, performance, and recommended adjustments,
fostering trust and satisfaction.
Operational
1. Portfolio Management
• Oversee the day-to-day management of client portfolios, including asset allocation, rebalancing, and trade
execution, ensuring liquidity and diversification.
• Monitor portfolio performance against benchmarks (e.g., NSE 20, MSCI Emerging Markets), implementing
corrective actions to maintain performance within agreed volatility thresholds (e.g., standard deviation below
10%).
• Ensure accurate and timely reporting of portfolio performance to clients and internal stakeholders.
2. Risk Management
• Assess and mitigate financial risks (e.g., market, credit, liquidity) within client portfolios using quantitative
models and scenario analysis.
• Implement hedging strategies and monitor concentration risks to ensure portfolio stability and compliance
with exposure limits.
• Maintain accurate risk documentation and support enterprise-wide risk protocols.
3. Regulatory Compliance
• Ensure all portfolio activities comply with regulatory guidelines (e.g., Capital Markets Authority), client
mandates, and JAML’s internal policies.
• Maintain detailed records of investment decisions, transactions, and client communications for audit and
reporting purposes.
Corporate Governance
1. Compliance
• Stay updated on industry regulations, compliance requirements, and best practices.
• Adhere to Kenyan laws, asset management industry policies, and JAML’s internal guidelines.
• Ensure compliance with all statutory and regulatory requirements.
2. Risk Mitigation
• Establish robust internal controls to mitigate operational, financial, and regulatory risks.
• Proactively identify and address potential compliance or ethical issues in portfolio management.
People & Culture
• Foster a corporate culture that promotes ethical practices, professionalism, and client-centricity.
• Collaborate with internal teams to create a positive and inclusive work environment.
• Engage in continuous learning and professional development to stay abreast of industry trends and best
practices
Key Competencies:
• Investment Expertise: Strong knowledge of portfolio construction, asset allocation, and investment
strategies across equities, fixed income, and alternative assets.
• Analytical Precision: Advanced skills in financial modeling, data analysis, and interpreting market trends
using tools like Excel, Python, or Bloomberg.
• Client-Centric Communication: Excellent verbal and written skills to present complex investment
strategies clearly and build client trust.
• Risk Management: Proficiency in identifying and mitigating portfolio risks through quantitative and
qualitative methods.
• Digital Proficiency: Familiarity with portfolio management software (e.g., Morningstar) and real-time
market data platforms to enhance efficiency.
• Ethical Integrity: Commitment to regulatory compliance, client confidentiality, and ethical investment
practices.
• Team Collaboration: Ability to work effectively with cross-functional teams to deliver cohesive investment
solutions.
Education Requirements:
Qualifications
• Bachelor’s degree in Finance, Economics, Business Administration, Actuarial Science, Mathematics, Statistics,
or a related field from a recognized institution.
• Professional certifications such as CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), FRM
(Financial Risk Manager), or equivalent are highly desirable.
• Advanced proficiency in financial modeling, portfolio management software (e.g., Bloomberg Terminal,
Morningstar Direct, FactSet), and analytical tools (e.g., Excel, Python, R, VBA).
• Demonstrated ability to leverage real-time market data platforms and quantitative tools for investment
analysis and decision-making.
• Completion of relevant training or coursework in investment management, risk analysis, or derivative
instruments is an advantage.
Relevant Experience
• Minimum of 6 years of progressive experience in portfolio management, investment analysis, or a related
role within the asset management, banking, or financial services industry, with at least 3-5 years focused on
managing client portfolios.
• Proven track record of managing client portfolios with assets under management (AUM) exceeding KES 500
million, consistently achieving performance targets such as positive alpha or top quartile returns relative to
benchmarks (e.g., NSE 20, MSCI Emerging Markets).
• In-depth knowledge of Kenyan, East African, and global financial markets, including equities, fixed income,
alternative investments, and regulatory frameworks (e.g., Capital Markets Authority guidelines).
• Demonstrated experience in utilizing advanced quantitative models for asset allocation, risk management,
and portfolio optimization, including stress testing and scenario analysis.
• Experience with alternative investments (e.g., private equity, real estate), unit trusts, structured products,
or derivative instruments (e.g., options, futures) is a strong advantage.
• Prior collaboration with risk management, compliance, and client-facing teams to deliver cohesive investment
solutions, with a focus on client satisfaction and retention.
If you are qualified and seeking an exciting new challenge,
please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and
Position by 21st May 2025.
Only shortlisted candidates will be contacted.