Portfolio Manager, Multi-Management Team

Old Mutual Life Assurance Company (SA) Ltd; Cape Town; On-site; ZAR 1,200,000 - 2,000,000; Full time

Job summary

Old Mutual Life Assurance Company (SA) Ltd in Cape Town seeks an experienced Portfolio Manager to design, monitor, and actively manage multi-asset solutions. You will present insights to retail and institutional clients and contribute to the evolution of investment processes.

The role requires a CFA charter, 5+ years in portfolio management and strong SA regulatory knowledge, with proficiency in Excel and Copilot. Collaboration across teams is essential in a regulated environment.

Qualifications

• Bachelor’s degree in finance, economics, investment management or related field.
• Active CFA charter holder in good standing.
• Minimum 5 years in portfolio management, investment research or multi-manager environments.
• Strong knowledge of SA investment regulations (FAIS, CISCA, etc.).
• Proficiency in Excel and Microsoft Copilot.
• Analytical mindset with strong quantitative and qualitative research skills.
• Excellent attention to detail and ability to manage multiple portfolios.

Responsibilities

• Design, monitor and actively manage multi-managed solutions across asset classes.
• Write thought leadership content and present performance and allocations to clients.
• Adhere to risk management principles within the multi-manager framework.
• Present client reports covering markets, asset allocation and manager insights.
• Contribute to ongoing evolution of investment process and philosophy.
• Design, develop and deliver process improvements for multi-management.

Skills

Analytical Thinking

Financial Acumen

Communication Skills

Team Collaboration

Education

Bachelor’s degree in Finance or Economics

CFA Charterholder

Tools

Excel

Microsoft Copilot

Job description

Let’s Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description Symmetry is a business in build mode, evolving, growing, and redefining what investment solutions should look like. The Portfolio Manager will be responsible for managing multi-asset portfolios within a multi-manager framework. This includes manager selection, portfolio construction, asset allocation and feedback presentations to the retail and institutional market. The role requires a deep understanding of investment markets, portfolio construction, and operational execution within a regulated South African financial services environment.

Key Responsibilities:

Investment Management

Hold overall responsibility for designing, monitoring and ongoing active management of multi-managed solutions, both at an asset class and multi-asset class level.

Insights and Reporting

Write thought leadership articles. Contribute to debate and decision making. Review performance and allocation reports. Present to clients in the institutional and retail market.

Organizational Risk Management

Adhere to the philosophy and process of the multi-manager. Manage solutions within agreed mandate parameters. Apply prudent risk management and oversight.

Client report-backs

Present to customers covering markets, economies, asset allocation, performance. Provide deep insights into the active managers and index solutions in each strategy. Enhance the profile of the business and investment team on external platforms.

Recommendations

Contribute to the ongoing evolution of the investment process and philosophy.

Improvement/Innovation

Take responsibility for designing, developing, and delivering process enhancements, new processes and continuous innovation around multi-management processes.

Internal Client Relationship Management

Partner with various teams within the organisation to promote and distribute our strategies.

Needs Assessment

Stay on top of industry developments and maintain a deep understanding of the local and global markets, as well as active managers in all markets.

Personal Capability Building

Act as subject matter expert in an area of technology, policy, regulation. Maintain external accreditations and in-depth understanding of current and emerging technologies, external regulation, and industry best practices through continuing professional development, attending conferences, and reading specialist media.

These responsibilities offer an overview and a general outline of the role and are not exhaustive.

Qualification, Skills and Experience

• Bachelor’s degree in finance, Economics, Investment Management, or related field
• Active CFA charter holder in good standing
• Minimum 5 years of experience in portfolio management, investment research, or multi-manager environments.
• Strong understanding of South African investment regulations (FAIS, CISCA, etc.).
• Proficiency in Excel and Microsoft Copilot.
• Analytical mindset with strong quantitative and qualitative research skills.
• Excellent attention to detail and ability to manage multiple portfolios simultaneously.
• Strong communication and presentation skills, especially in client-facing contexts.
• Ability to work collaboratively in a team environment and engage with external managers and service providers.
• High level of integrity and professionalism.

na Skills

• Action Planning
• Analytical Thinking
• Budget Management
• Client Management
• Client Needs Assessments
• Computer Literacy
• Database Reporting
• Data Classification
• Data Compilation
• Data Controls
• Evaluating Information
• Information Retrieval
• Legal Practices
• Numerical Aptitude
• Competencies
• Business Insight
• Collaborates
• Customer Focus
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity
• Optimizes Work Processes

Education NQF Level 9 - Masters

Closing Date 21 October 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!

Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries.

The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.

We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.