Standard IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.
Standard IBTC Bank is recruiting to fill the position of:
Job Title: Analyst - Investment Management Division (SIAML)
Job ID: 12700
Location: Lagos Nigeria
Position Description
The Investment Analyst is responsible for the implementation of the investment guidelines, policies and strategies in line with clients’ investment objectives. He/She will also generate security research report on companies within the investment universe of the company.
Key Responsibilities/Key Result Areas:
- Generate ideas for the optimal allocation of clients assets based on the investment objectives
- Implement the execution of approved mandates
- Ensure strict adherence to ethical standards of asset management
- Prepare, and Maintain accurate blotter for daily trading activities
- Deliver or surpass budgetary estimates regarding fee income from portfolios on a quarterly basis
- Deliver competitive performance on portfolios by generating returns in excess of benchmark
- Implement the investment guidelines and strategies of Funds and portfolios in line with relevant Rules, policies and procedures
- Generate security research on companies periodically and monitor the effects of government policies and macro-economic developments
- Generate quarterly market review update for clients
- Measure and evaluate portfolio performance periodically in line with investment objectives
- Ensuring SIAML continues to deepen its share of wallet with clients by working Relationship Managers to provide strategic value added offerings suitable to each client
Performance Measures
- Competitive returns on assets under management
- Relative growth in fee income
- 100% compliance with policies, regulations and guidelines
- Quality of recommendations and prompt execution of mandates
Required Skills and Qualifications
Knowledge, Experience and Personal Competencies
Knowledge
- University Degree in the Social Sciences (minimum of 2nd Class Upper Division )
- Second Degree or Advanced/Professional Qualification in Business/Finance disciplines (Advantage)
- Understanding of portfolio management strategies, fixed income investments, financial statement analysis and quantitative analysis
- Understanding of Nigerian Capital market, SEC rules, CAMA, BOFIA, IFRS etc
- Excellent use of MS Office Applications, and other Technology based tools
Experience
- Minimum of 2years experience in finance or any relevant field
- Preference for prior experience in an Analyst/Investment Management role
Required Competencies
Problem Solving, Planning and Decision Making
Problem Solving:
- Required to work around difficult and complex situations, while applying fundamental principles and practices
- Required to use initiative, be creative and innovative in implementing strategic investment allocation plans for the clients
Planning
- Daily review of the Funds to ensure they are positioned to meet investment objectives and rebalanced as at when due
- Implement strategic asset allocation to ensure competitive medium to long-term returns
Decision-making
- Required to make sound and reasonable recommendations on the portfolios under management in line with agreed investment policies and implement decisions from Investment Committee meetings.
- Ability to determine optimal asset mix by keeping abreast with market developments and trends
Personal Competencies
- Sociable, good interpersonal and relationship management skills
- Ability to work under pressure for extended periods
- Passionate and discrete with information
- Flair for Personal Development & Learning
- Self Starter, willing to work with no supervision
- Detailed, analytical and creative thinking
Application Closing Date
22nd September, 2014
How to Apply
Interested candidates should
Click here to apply