Deputy Director, Investment & Portfolio Management at Kenya National Entrepreneurs Savings Trust (KNEST)

Kenya National Entrepreneurs Savings Trust (KNEST)

  • Kenya
  • Permanent
  • Full-time
  • 20 days ago
Kenya National Entrepreneurs Savings Trust (KNEST) is a unique national informal sector pension scheme established by the Government to meet the unique needs of the more than 15 million marginalized informal sector workers. The scheme has deployed low-cost modern technologies to catalyze a sustainable business model that manages intermittent micro contributi…Deputy Director, Investment & Portfolio ManagementREF KNEST/FMA/001/26 (RE-ADVERTISEMENT)
Job SpecificationsDuties and responsibilities at this level will entail: –
  • Overseeing the development of policies, regulations, guidelines and strategy for fund management
  • Overseeing the development of the Scheme's investment plans and strategy;
  • Recommending to Trustees strategic investments opportunities;
  • Establishing linkages with strategic financial partners;
  • Regularly meeting with investment analysts and financial strategic partners to discuss investment opportunities;
  • Providing leadership in analyzing business performance, industry trends, existing or new regulatory requirements and their impact on business operations.
  • Leading in Investment negotiations;
  • Ensuring investment portfolios are aligned with statutory guidelines and KNEST's strategic objectives;
  • Ensure undertaking of Portfolio and Investment Research;
  • Advising the Trustees on investment options and opportunities;
  • Ensuring returns on investment
  • Coordinating acquisition and management of Scheme Investment with the aim of increasing its value and assure best returns on investment
  • Setting the criteria and conditions governing investment;
  • Aligning investment portfolio with KNEST 's strategic objectives;
  • Ensuring maintenance of proper investment records for all securities
  • Ensuring preparation of all investment and periodic portfolio performance reports
  • In liaison with the Fund Manager, ensure preparation and filing of all statutory reports
  • Managing and developing staff in the department.
  • Ensuring prudent utilization of the resources of the Corporation
Person SpecificationsFor appointment to this grade, an officer must have: –
  • Served for a minimum period of ten (10) years, four (4) of which shall be in a management role;
  • Bachelor's degree in any of the following disciplines; Commerce (Finance option), Finance, Economics, Business Management (Finance option) or equivalent qualification from a recognized institution;
  • Masters degree in any of the following disciplines; Commerce (Finance Option) Finance, Economics, Business Administration (Finance Option) or equivalent qualification from a recognized Institution;
  • Passed Part III of the Certified Public Accountants (CPA K) examination or equivalent qualification from a recognized institution;
  • Certificate in Leadership/Governance course from a recognized institution;
  • Membership with a relevant professional body;
  • Proficiency in computer applications;
  • Meet the requirements of Chapter six of the Constitution; and
  • Demonstrated professional and Managerial competence in finance and accounts functions as reflected in work performance and results.
Key Competencies and Skills
  • Communication skills;
  • Team work;
  • Interpersonal skills;
  • Analytical skills;
  • Time management skills;
  • Organizational skills;
  • Leadership skills;
  • Negotiation skills;
  • Decision making skills; and
  • Problem solving skills
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