Bespoke Portfolio Manager

Milton Resourcing; Cape Town; On-site; ZAR 500,000 - 750,000; Full time

Job summary

Milton Resourcing is looking for a Bespoke Portfolio Manager in Cape Town to service bespoke clients by analyzing portfolio companies and managing strategies. This role involves presenting insights on bespoke mandates and market conditions while responding to various queries from the asset management team.

The ideal candidate will have at least an honours qualification, preferably a postgraduate qualification like CA or CFA, along with strong Excel skills and a passion for investments.

Qualifications

• Market and investment experience that can hit the ground running.
• Ability to analyze portfolio companies and understand market dynamics.

Responsibilities

• Maintain, update and communicate on bespoke mandates.
• Provide feedback to advisors on various queries.

Skills

Strong Excel skills

Knowledge of Bloomberg

Passionate about investments

Excellent communication skills

Analytical ability

Research capability with a background in valuations

Education

Honours qualification

Postgraduate qualification (CA or CFA)

Job description

Bespoke Portfolio Manager

Claremont

Reporting relation: Head of Equities, Portfolio Managers & Chief Investment Officer

Purpose of job

The primary purpose of this position is to service our bespoke clients. Practically this will entail analysis of portfolio companies, portfolio management of the created strategies, as well as idea generation. Portfolio management will include portfolio maintenance during the life of the mandate. The candidate will have to present on bespoke mandate performance and positioning to clients providing insight on the portfolio as well as general market conditions. The other part of the role will be to provide feedback to advice on queries relating to CAM. This could be across asset classes and teams.

Qualifications

At least an honours qualification. Some form of postgraduate qualification (such as the CA or CFA designation) would be advantageous.

Experience

We require someone with market and investment experience that can hit the ground running. The successful person should be able to analyze portfolio companies, help construct bespoke portfolios as well as understand market and asset class dynamics.

Computer competency requirements

• Strong Excel skills.
• Knowledge of Bloomberg will be helpful.

Competencies

• Passionate about investments (this is crucial).
• Assertiveness.
• Strong reasoning skills with lateral thinking ability.
• Out of the box thinking.
• Excellent communication skills.
• Pro‑active.
• Analytical ability.
• Research capability with a background in valuations.

Knowledge

• Knowledge of financial markets both globally and locally.

Personal characteristics

• Methodical and hardworking.
• A willingness to learn, grow and adapt.
• The environment can be stressful given the breadth of our universe. We require a candidate that can manage stress, and difficult conditions effectively.

Key responsibilities & accountabilities

• Maintain, update and communicate on bespoke mandates:

  We have a number of bespoke mandates that are currently invested. The candidate will have to monitor these mandates, in the context of their objectives, and suggest changes to the lead portfolio manager. The candidate will have to present on bespoke mandate performance and positioning to clients providing insight on the portfolio as well as general market conditions. The candidate will have to suggest companies that could form part of bespoke portfolios. This will involve sourcing and valuing these companies for the lead portfolio manager.

• Feedback to advisors:

  The asset management team routinely receives queries from advice on various topics. The successful candidate will be involved in responding to these queries. The queries could relate to multiple teams (fixed income, equity, real return solutions, etc.) as well as market related comments. The candidate will need to work with the relevant team to answer the queries. Over time, the successful candidate should be able to answer these questions without too much oversight by the relevant team. From an equity perspective we get several questions regarding individual stocks as well as transitioning client portfolios from an external provider into our funds. This is a great example of the type of task that the candidate will need to be comfortable with. Answering the question will take a range of skills from market knowledge, stock knowledge, and good systems skills from a Bloomberg and Excel perspective. We envision the bespoke portion of the role as being the dominant one, but we do want candidates to understand, and be ready for, the advice servicing that will also be required in the role.