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 Type: Full Time
Reports to: Head, Portfolio Management & Trading
Job Role
Provision of leadership and direction required to: Analyse, Recommend and Develop innovative financial solutions to meet clients’ short, medium and long-term investment needs as well as execution of FAAM proprietary transactions and ensuring that these solutions are delivered speedily and professionally.
Functions & Responsibilities
Maintain and manage company relationships i.e. liaising with third parties such as the Custodian, Registrar, Banks and Trustee e.t.c
Maintenance of compliance filings and records for e, g, K-Y-C documents and other documents.
Evaluate financial and investment information for the purpose of making buy, sell and hold investment recommendations
Communicate investment strategy, initiatives, performance, and other appropriate matters to the team and clients.
Ensure proper execution of operational activities with regards to investing
Execution of Treasury bills and Eurobond transactions.
Monitor asset allocation and implement re-balancing actions in accordance with the unit policy.
Review and monitor investment performances across all FAAM products
Make informed recommendations on new investment opportunities and funds that could enhance or diversify portfolios
Liaising with the custodian and several counterparties for effective settlement of trades, funds transfer and timely payment of coupons.
Daily upload of HYIS transactions and End of Day Valuation on Symplus
Implementation of new processes and procedures as may be required by regulations.
Work cross functionally with distribution, Operations, client Service and other stakeholders to create innovative product solutions/models and build best in class client experience, service and support.
Regulatory filings, requests and inquiries - review and provide input to all Fund-related regulatory filings, participate in efforts to respond to regulatory requests and inquiries related to the Funds (SEC Returns)
Ensure the company’s mission, vision and philosophy are pertinent and practiced through the company.
Making cases and justifications for investment decisions.
Engage in human capital development by providing training to members when the need arises.
Provide any other function as may be required from time to time.
Professional Requirements
Qualification
Bachelor's Degree in Finance, Economics, Business Administration, or related field (Master’s degree is a plus).
Skills/Competence Requirement:
Required knowledge, skills and abilities:
Excellent product development and management skills