Portfolio Manager at First Ally Capital

First Ally Capital is a wholly indigenous Financial Services firm, whose focus is on providing top notch advisory & investment services to individuals and organizations. First Ally Capital was incorporated on May 20, 2014 as an Issuing House, Financial Advisory and Investment Management firm, with authorized capital of N2.5 billion, and an issued and fully-paid capital of N1.65 billion. The firm was licensed by the Securities and Exchange Commission on November 20, 2014 as Issuing House and Underwriters.

The Firm commenced operations at a very significant point in the evolution of the Nigerian financial services industry and will leverage it’s solid capital base, the strong financial services background of its promoters and the excellent track-record and credentials of its directors and shareholders.

We are recruiting to fill the position below:

Job Title: Portfolio Manager

Location: Lagos

Job Description

• We are looking for a Portfolio Manager to manage Funds and Portfolios by identifying and executing investment opportunities by strategically allocating assets as guided by the trust deed with the aim of giving customers competitive returns on investment. Safe keeping and updating of customer records for usage and reference. Liaising with regulatory bodies and counter parties (SEC, trustees, custodians, registrars etc.)

Responsibilities

• Daily tracking of Interest Income Accruals & Preparation of Portfolio report in-house
• Placements / Termination of Fixed income instruments (Treasury Bills, Fixed Deposits, Commercial Papers)
• Monitors asset allocation and implements re-balancing actions in accordance with the investment policy
• Preparation and Filing of Weekly, monthly and quarterly regulatory Reports (SEC returns)
• Maintaining Contacts and liaising with relevant parties to the funds– Trustees, Custodians, Registrars
• Liaising with Counter-parties to broker favourable investments for Mutual Funds
• Managed the firm’s yearly rating process, communicating with the rating agency and ensuring that all required documents are provided (Agusto & co.)
• Monitoring of Investment Performance and strategies to improve returns
• Supervise financial and investment information and investment recommendations for the purpose of income generation.
• Supervision of systems deployment and integration.
• Work cross-functionally with the sales team, Investment team, client Service and other stakeholders to create innovative Fund & Product solutions/models and build best-in-class clients’ experience, service and support.
• Ongoing assessment of investible markets, asset classes and securities (using top-down and bottom-up approaches) and maintenance of associated records
• Formulation and articulation of views on economics, markets and/or individual securities with a view to guiding the investment decision-making process.
• Perform detailed financial, product and trading analyses and build valuation models
• Trade execution
• Implementation of agreed investment strategies and action plans, and ensuring adherence to investment mandates and client profiles

Qualifications

• B.Sc in Accounting
• Minimum of 5 years experience
• Nigerian Institute of Management (Chartered)
• CFA or ICAN

Skills:

• Excellent product development and management skills
• Excellent customer relationship development/management
• Financial Markets Knowledge and Analysis
• Financial Analysis. /Business accountability
• Credit Risk Management/Credit Analysis
• Industry Knowledge
• Results/Action Orientation
• Presentation Skills
• Ability to manage multiple tasks
• Financial Planning/Budgeting & Forecasting

Application Closing Date
30th June, 2022.