Junior Portfolio Manager (FAIS)

ABSA BANK LIMITED; Cape Town; On-site; ZAR 300,000 - 520,000; Full time

Job summary

ABSA Bank Limited seeks a Junior Portfolio Analyst to support investment portfolios through research, performance monitoring, and client relationship management. The role focuses on aligning portfolios with mandates and governance standards while providing analytical support to senior managers.

Responsibilities include market research, portfolio reporting, and assisting with onboarding and documentation. A finance-related degree and FAIS knowledge are advantageous for success in this position.

Qualifications

• Bachelor’s degree in Finance, Accounting or related field.
• Statistics or quantitative background preferred.
• Knowledge of FAIS and internal policies is advantageous.

Responsibilities

• Conduct research on markets, sectors and investment instruments.
• Monitor portfolio performance and prepare review reports.
• Support Portfolio Managers with investment research and data gathering.
• Assist with portfolio rebalancing and implementation activities.
• Prepare client reports and investment review packs.
• Engage with clients and advisers to support service delivery.

Skills

Portfolio analysis

Market research

Client relations

Regulatory compliance

Education

Bachelor's degree in Finance

Bachelor's degree in Accounting

Bachelor's degree in Commerce

Statistics (Postgraduate or higher)

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.Belonging at AbsaAbsa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.Job SummaryThe Junior Portfolio Analyst supports the management of investment portfolios by conducting research, monitoring portfolio performance, assisting with investment decisions and maintaining client relationships. The role provides analytical and administrative support to Managers and Senior Portfolio Managers while ensuring adherence to investment mandates, regulatory requirements and internal governance standards. The incumbent contributes to achieving client investment objectives through sound analysis, effective stakeholder engagement, and a commitment to service excellence.Job DescriptionKey Focus AreasConduct research and analysis on local and global markets, economic trends and investment opportunities to support portfolio management activities.Prepare investment reports, market commentary, presentations, and portfolio review documentation.Provide analytical support to Portfolio Managers through investment research, data gathering, and portfolio monitoring.Assist in implementing portfolio strategies and ensuring portfolios remain aligned with investment mandates and client objectives.Execute approved portfolio transactions accurately and in line with internal controls and regulatory requirements.Support client onboarding processes, including investment documentation and portfolio implementation activities.Build and maintain professional relationships with clients, advisers, and internal stakeholders.Participate in client meetings and assist with investment presentations and portfolio reviews.Assist with governance, compliance, risk management, and reporting requirements.Contribute to process improvement initiatives and the adoption of digital investment tools.Key ResponsibilitiesInvestment Research and Portfolio SupportAnalyse financial markets, sectors, and investment instruments.Monitor portfolio performance and prepare portfolio review reports.Identify risks and opportunities requiring Portfolio Manager attention.Assist in portfolio rebalancing and implementation activities.Client ServiceSupport Portfolio Managers in delivering high-quality client service.Prepare client reports and investment review packs.Respond to client and adviser queries within agreed service standards.Governance, Risk and ComplianceEnsure compliance with FAIS, investment mandates, and internal policies.Maintain accurate records and support audit requirements.Escalate potential risks or compliance concerns appropriately.Operational EffectivenessSupport operational processes to ensure efficient portfolio administration.Contribute to process improvements and service delivery enhancements.Ensure accuracy and timeliness of reporting and documentation.EducationBachelor`s Degrees and Advanced Diplomas: Accounting, Bachelor`s Degrees and Advanced Diplomas: Commerce, Bachelor`s Degrees and Advanced Diplomas: Finance and Investment Management, Bachelors Degree and Professional Qualifications: Statistics, Postgraduate Degrees and Professional Qualifications: Accounting, Postgraduate Degrees and Professional Qualifications: Commerce, Postgraduate Degrees and Professional Qualifications: Finance and Investment Management, Postgraduate Degrees and Professional Qualifications: Statistics