JOB TITLE : Head of Investments
RESPONSIBLE TO : Principal Officer/CEO
DEPARTMENT : Investment Division
MAIN PURPOSE OF THE JOB
To implement and manage the Fund’s investments including investments policies, guidelines, and processes that will grow the Fund through prudent return on investments. To assist the Principal Officer to monitor and evaluate, analyse portfolio performance evaluation reports on internal and external portfolio +compile reports to make recommendations to the Principal Officer.
Requirements:
- Post graduate qualification MFI/MSc/M.Com/CFA/CA/MBA (Finance) and/or any relevant Masters degree or professional qualifications. At least 5 years post graduate professional experience in investment management and/or pension industry, 3 of which should be at managerial level.
OR
- B.Com Hon. Finance and Investment / B.Sc Hon Finance and/or any relevant Honours degree. At least 7 years post graduate professional experience in investment management and/or pension industry, 3 of which should be at managerial level.
Key Performance Indicators/Duties:
- Maximize funds committed for investment
- Implement investment strategy and philosophy while managing risk
- Proactively identify investment partners and opportunities
- Implement portfolio diversification strategy
- Lead and manage the whole investment process
- Deal screening
- Preliminary appraisal of deal
- Deal structuring, pricing and negotiation of term sheet
- Due diligence scoping, execution and review
- Industry and sectoral research analysis
- Motivation investment thesis;
- Facilitation of contracting;
- Disbursement;
- Manage portfolio prudently and enforce ESG discipline;
- Develop and implement value enhancement strategies at investee asset level;
- Developing the outlook, corresponding investment theses, and asset allocation
- Overseeing post-investment review
- Negotiating exit of investment
- Credit risk and enterprise risk management, compliance and reporting
- Communicating a viewpoint of the economy and markets
- Provide management role to all departmental staff with all appraisal reported to the Principal Officer bi-annually
Key Competencies and Skills:
- Interpersonal skills
- Negotiation skills and deal structuring
- People management and judgement
- Project Planning and implementation
- Time Management and prioritization
- Strategic planning
- Industry and sectoral research
- Basic commercial legal skills
Interested candidates may deliver their application letters supported by Curriculum Vitae, certified copies of passport/ID, transcripts and educational certificates together with two (2) sealed letters of recommendation to the following address:
Head of Finance and Administration
Public Officers’ Defined Contribution Pension Fund
Constitution Road, 4th Floor, Pension Fund House
P.O. Box 14395, Maseru 100.
Tel: (+266) 22313088 www.pensionfund.org.ls
Deadline for submissions: 7th October 2020
Note: Only shortlisted candidates will be communicated to.