Job Vacancy: Portfolio Manager
Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS).
We are recruiting to fill the position below:
Company: Ecobank Transnational Incorporated (ETI)
Industry: Banking & Financial Services
Date Posted: February 1, 2024, 12:03 AM
Location: Lagos
Employment Type: Full Time
Job Title: Portfolio Manager
Job Identification: 526
Job Purpose: Ecobank is currently seeking a qualified Portfolio Manager to join our Asset Management Business. As a Portfolio Manager, you will collaborate with the Senior Portfolio Manager and other team members to effectively manage clients’ Investment Portfolios in alignment with their Investment Objectives. This role plays a crucial part in contributing to the growth of Assets under Management (AUM) and Revenues of the business.
Job Context: The Portfolio Manager will be responsible for managing key relationships in financial markets, coordinating with internal units, and actively participating in management meetings. The role demands a deep understanding of macroeconomic factors, financial markets, and the ability to lead a team of analysts and junior managers.
Key Responsibilities:
Portfolio Construction:
- Identify client’s Investment Objectives through client interaction.
- Determine the optimal asset classes based on investment objectives.
- Develop, recommend, and implement investment strategies for portfolios.
Fundamental and Technical Valuation and Analysis:
- Lead Equity and Fixed Income Valuation for the Portfolio Management Team.
- Coordinate Financial Statement Analysis and macroeconomic analysis.
- Perform investor meetings and presentations, assisting in the preparation of presentations.
Portfolio Analytics:
- Review Fund Factsheets and perform analysis on portfolios.
- Conduct analytics on AuM growth, asset mix dynamics, and counterparty exposure.
Credit Assessment and Scoring:
- Develop and maintain models for Credit Risk assessment.
- Assess debt capacity of Corporate Note and Bond issuances.
Investment Idea Generation:
- Develop investment solutions for clients.
- Work with Sales and Business Development team on new products.
- Prepare reports for Investment Committee (IC) Meetings and Board Meetings.
Development of Trade Execution Strategies:
- Understand equity market dynamics and determine trading strategies.
- Develop fixed income trade ideas and strategy, working closely with Brokers.
Board and Committee Meetings:
- Attend and present reports at IC Meetings and Board meetings.
- Work on special reports as requested by IC or the Board.
Knowledge, Skills & Experience:
- Bachelor’s Degree in Economics, Business, Finance, Mathematics, Statistics, or Engineering.
- 3-5 years of experience in Finance and Investments.
- Strong numerical, analytical, and negotiation skills.
- Good oral, presentation, and written communication skills.
- Relevant Regulatory Certification.
- Master’s degree in finance, economics, or an MBA is an added advantage.
- Professional Certification such as CFA, ACCA, CA, etc. is a plus.
How to Apply: Interested and qualified candidates should Click here to apply
Application Deadline: 5th February 2024.