Investment Strategist

Absa Group; Sandton; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading financial services group in Sandton seeks a specialist to provide expert advice and support in investment analysis, risk management, and portfolio execution. The ideal candidate has a BSc and 1-3 years’ experience in the investment environment. Responsibilities include improving control standards and delivering high-quality research reports. Join us in empowering Africa's tomorrow.

Qualifications

• Minimum 1 – 3 years’ experience in an Investment environment.

Responsibilities

• Provide specialist advice and support in the collection and analysis of investment information.
• Apply the highest standards of controls and risk management practices.
• Conduct local and global fundamental research on market and economic conditions.
• Manage investment portfolios and execute investment decisions.
• Engage stakeholders to design solutions and enhance business processes.

Skills

Analytical skills

Risk management

Team collaboration

Quantitative analysis

Communication skills

Education

BSc qualification

Higher Diplomas in Business, Commerce, and Management Studies

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To provide specialist advise & support in the collection & analysis of investment information that enables decision making & provide a sound basis for recommendation formulation, through the execution of predefined objectives as per agreed SOPs.

Job Description

Risk management

Objective

Apply the highest standards of controls and risk management practices and behaviours and embed a positive risk and control culture.

Demonstrate prudence, sound judgement and appropriate and timely escalations in the management of all types of risk applicable to my role.

Outcome

Understand role in the business end to end processes, including applicable risks and controls and how this improves the service we provide to our customers

Adhere to Absa frameworks, policies and procedures applicable to my role, demonstrating sound judgement and responsible risk management, and when required highlight breaches and request dispensations and waivers on a timely basis

Report all risk events/incidents/issues immediately upon discovery and elevate significant events/incidents/issues using the defined process for my business area

Help to understand why risk events/incidents/issues happened and identify how to prevent them in future - focusing on fixing root causes and taking ownership of identified actions

Proactively identify ways to improve the control environment by considering what could go wrong in the processes operated and how errors could be prevented - focusing on fixing root causes and taking ownership of identified actions

Complete all mandatory training to deadline

Team spirit

Objective

Encourage collaboration and learning from each other’s skills and using each other as resources to improve individual outcomes and objectives

Take individual accountability with openness and transparency

Ensure team-wide involvement, with peer and senior reviews, and input/ideas for collaborative projects

Outcome

Collaborative research review sessions for regular research reports such as Eco week, market update and the Houseview

Initiating peer reviews and senior reviews of own work whilst also proactively acting as a reviewer

Participating in daily team activities including but not limited to morning market update calls

Strategic asset allocation and investment strategy

Conduct local and global fundamental, qualitative and quantitative research on market and economic conditions and trends

Gather data, perform statistical analysis and build market and economic forecasts using time-series modelling techniques, parameterizing financial and economic models, and introducing machine learning algorithms like neural networks

Run the Strategic Asset Allocation model quarterly using the Black-Litterman model framework in combination with Modern Portfolio Theory and present any recommended changes to Asset Allocation Committee

Outcomes

Delivering market-beating investment performance

Publications of high-quality, in-depth and up-to-date regular research reports such as the weekly Eco week as well as the monthly houseview

Producing accurate asset class return forecasts

Portfolio management

Management of investment portfolios within scope
Trading and executing investment decisions of all investment portfolios within scope

Outcomes

Implemented portfolios are managed in alignment to Houseview and/or any relevant model portfolios

Equity research

Conducting detailed, in-depth and high-quality research on companies looking at their strategy, operations, financials and valuations

Incorporating ESG into the investment management and research process

Outcomes

Production of timely, high quality and informative research reports including the daily and weekly Markey wrap

Providing high quality, in-depth and informative investment presentations to the relevant forums on an on-going basis

Providing investment recommendations to the relevant forums and committees with a high level of conviction

Stakeholder engagement

Objectives

Stakeholder engagement, identifying problems, designing solutions, executing and project management across multiple disciplines and functions

Outcomes

Relevant investment solutions for areas of the business that meet the respective value proposition requirements and/or business needs and objectives

Enhanced business processes that satisfy business and client objectives whilst minimizing risk outcomes

Client/Media engagements

Objectives

Positioning Absa Investments, and more broadly Absa Group, as a market, product and thought leader on local and global investment and economic matters

Outcomes

Regular external and internal engagements on the market and economic landscape on platforms such as tv, radio, print and roadshows amongst others

Qualifications:

BSc qualification

Experience:

Minimum 1 – 3 years’ experience in an Investment environment

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised