CRIB Pension: Head, Investment Unit

CRIB Pension Fund Managers Limited is a limited liability company incorporated under the Companies and Allied Matters Act. They are hiring for a Head, Investment Unit.

HEAD, INVESTMENT UNIT

Position Description

The successful candidate will report to the Managing Director/CEO, Board Investment Committee (BIC) and Management Strategic Committee on Investment (MSC), and supervise the Investment managers and the Fund Research and Planning Lead.
He/She will be responsible for the following;
• Develop and execute the organization’s portfolio management strategy and provide periodic advice on the optimal portfolio mix and individual portfolio components
• Recommend asset allocation mix to the MSC in line with BIC approved asset allocation bands
• Develop the organization’s investment policies and processes and recommend modifications as required
• Vet and approve all investment proposals developed by Investment Managers
• Monitor investments, economic conditions, markets, and portfolio performance with respect to stated investment goals/objectives and make appropriate recommendations to BIC and MSC
• Set goals and objectives for the Unit
• Coordinate and supervise the activities of the Unit

Qualifications, Knowledge, Skills and Experience
• Minimum of first degree or its equivalent in a numerate or semi-numerate discipline such as Actuarial science, Statistics, Mathematics, Accounting, Economics, Banking/Finance, Insurance, Law and Business Studies
• Minimum of at least 8 years in the Financial Services Sector and 4 years in top/senior management position. Experience in a PF A will be an added advantage.
• Practical knowledge of asset/funds management
• Good knowledge of the Securities (capital), Money, Bond and Real Estate markets •
• Sound financial acumen with deep knowledge of qualitative analysis, economics, portfolio management and asset valuation
• Should have excellent leadership and managerial skills.

Method of Application
Interested candidates should e-mail detailed CV including current salary, reputable referees with addresses, telephone numbers and valid email addresses to: [email protected]

Deadline: 26th October, 2010.