Investment Manager – AAML

Absa Bank Limited is a leading financial services group in Africa, offering a comprehensive range of retail, business, corporate, and investment banking services across multiple countries.

This role involves managing and optimizing investment portfolios, ensuring they align with client Investment Policy Statements (IPS), regulatory standards, and Absa Group policies. The manager will contribute to the daily oversight of portfolios, including monitoring, analysis, execution, and reporting, while also playing a key role in business development, client relationship management, and ensuring compliance with risk frameworks.

1. Serve as a key member of the AAML Investment Committee, generating content as guided by the Chief Investment Officer.
2. Develop and manage portfolios with the aim of achieving investment returns that surpass pre-set benchmarks.
3. Drive strategic and tactical asset allocation decisions informed by macroeconomic, market, and sector analysis.
4. Translate investment strategies into executable portfolio actions.
5. Monitor portfolios under management and execute rebalancing strategies to align with agreed investment committee strategies, Investment Policy Statements, regulatory provisions, and Absa internal control frameworks.
6. Report client performance in accordance with Global Investment Performance Standards (GIPS).
7. Uphold and follow the CFA Code of Ethics, Standards of Professional Conduct, and relevant Absa governance provisions.
8. Ensure investment decisions are supported by high-quality and appropriate internal and external research and analysis.
9. Manage existing client relationships to retain and grow business.
10. Support the Business Development team in presentations to potential clients.
11. Leverage existing business relationships within the Group to expand the client base.
12. Stay abreast of the latest developments in international and regional markets to assist the Investment/Business Development Team in developing appropriate products.
13. Prepare scheduled and ad-hoc reports for clients, incorporating economic and market overviews, portfolio valuations, performance, and fund strategies.
14. Coordinate with relevant functions to ensure timely and accurate reporting to regulators (CMA/RBA) as appropriate.
15. Prepare and present portfolio reviews, performance reports, and investment proposals to Investment Committees, Trustees, and High Net Worth Clients.
16. Engage with clients, trustees, regulators, and auditors as required.
17. Provide clear explanations of portfolio performance and market developments.
18. Assist in the preparation of strategy papers, investment recommendations, and reports to the Board, AAML Governance Committees, and other relevant stakeholders.
19. Actively manage relationships with brokers, analysts, issuers, and other market participants.
20. Ensure all activities and duties are carried out in full compliance with regulatory requirements, the Enterprise-Wide Risk Management Framework, and internal Absa Policies and Policy Standards.
21. Understand and manage risks and risk events relevant to the role.
22. Ensure all investment activities comply with CMA/RBA/IRA regulations, trust deeds, client mandates, and internal risk limits.
23. Identify, assess, and mitigate market, credit, liquidity, and concentration risks.
24. Support stress testing, scenario analysis, and downside risk planning.
25. Act as a data steward.
26. Coordinate Investment Committee activities.

1. Hold a first degree in a relevant subject, preferably Business Management, Commerce, or Actuarial Science.
2. Be Chartered Investment & Financial Analyst (CIFA) certified or actively pursuing CIFA qualifications and registration.
3. Professional qualifications such as CFA, CPA, CISI, CAIA, and/or other relevant professional qualifications in fund management are an added advantage.
4. A minimum of seven (7) years of experience in the financial sector.
5. At least five (5) years of work experience gained within an investment house/environment.
6. Strong knowledge of the Kenya financial services industry and its regulatory frameworks.
7. Familiarity with various investment concepts, including risk management, compliance, products, asset classes, and alternative investments.
8. Proficiency with investment management systems such as Bloomberg and Refinitiv.