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Job Description

A new financial services Group intends to operate in Malawi and has applied for licensing of a Life Insurance Company, a Pension Services Company and an Asset Management company. In anticipation of being granted a license by the Financial Services Regulator, the company is looking for dynamic, career oriented persons to join it in various capacities as listed in this advertisement. The New Company is an equal opportunity employer and the successful candidates will be welcomed into our friendly organizational culture.

CHIEF INVESTMENT OFFICER

The head of the company and responsible for overseeing the investments, strategize direction of the company with focus on generating a competitive return on investment for the clients as well as ensuring compliance with the Regulatory laws and the Fund Mandate. S/he will report to the Group CEO and the Board of Directors. This position requires Licensing by the Financial Services Regulator.


KEY RESPONSIBILITIES

  • Generating an Investment mandate and Policy Statement with the support of the Actuary.
  • Constructing successful investment portfolios for clients based on timeframes, risk preferences, return expectations and market conditions.
  • Working harmoniously with the Fund Custodians, Administrators, Corporate Trustees and all stakeholders and all times in the best interest of the owners of the assets.
  • Shall cause the company to be audited annually by the appointed external Auditor and regularly by the Internal Auditors and make sure the audited Financial Accounts of the company are published as per the requirements of the Financial Services Act.
  • Crafting and implementing a strategic business plan and budget.
  • Must understand, apply and comply with the Regulatory laws and guidance, industry best practices and professional code of conduct.
  • Evaluating the performance of investment portfolios and ensuring compliance with standards provided by regulatory authorities, including conformance with investor disclosures, privacy laws, anti-money laundering requirements, and anti-fraud measures.


QUALIFICATIONS AND EXPERIENCE

  • Minimum Qualifications: Bachelor Degree in Economics, Business Administration, Accountancy or Finance.
  • Preferable: Master’s Degree in Economics or Finance or related field. Professional certification such as a Chartered Financial Analyst (CFA) or proven progress towards certification will be an advantage.
  • Experience: Minimum 5 years professional experience in asset management field at middle to senior level authority. Detailed understanding of capital markets and the Regulatory environment is essential.


KEY COMPETENCIES FOR ALL CANDIDATES

  • Strong written and verbal communication and interpersonal skills for efficient and professionally communication with employees, peers, executive leadership Customers, vendors and Regulator.
  • Ability to work independently with minimum or no supervision.
  • Ability to meet deadlines and targets in a high pressure setting.
  • Excellent analytical skills.
  • Good Commercial and business awareness.
  • Proficiency in Microsoft Office Suite.
  • Candidate must be an energetic, tenacious, and enthusiastic team player with demonstrated adherence to high standards of ethical conduct.

Final job descriptions are subject to change depending on available mix of candidates, and thereafter are subject to change at the discretion of the board of directors. All successful candidatemicrs are subject to group reporting lines as directed by the board of directors.

A competitive package will be offered to the successful candidates.

Interested candidates who meet the above requirements should send their e-based application together with detailed curriculum vitae (CV) and names and contact details of three traceable references before 8th November, 2020 to:


Attention: Recruitment Lead


E-mail: recruitment.blantyre@gmail.com

Only short-listed applicants will be acknowledged.


Skills Required


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Job Detail

  • Location
    Blantyre
  • Company
  • Type
    Full Time
  • Positions
    1
  • Apply Before
    09 Nov, 2020

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