Senior Investment Analyst – Fixed Income – Botswana Insurance Fund Management
Job Description
Senior Investment Analyst – Fixed Income
Applications are invited from suitably qualified candidates for the position of Senior Investment Analyst – Fixed Income.
Role Summary
The role exists to support the Portfolio Manager in managing fixed-income investments within Bifm to achieve optimal returns and align portfolios with strategic objectives. This involves fixed-income and macro research, portfolio analytics, trading, and supporting the PM in fixed-income strategy formulation and execution, ensuring seamless integration of the strategy into the portfolio management process both within the department and with other departments in Bifm.
Role Responsibility
Support the portfolio manager in fixed income and macro research and management of Fixed Income portfolios, including money market funds, bond portfolios and asset-liability matching portfolios. Participate and contribute towards strategic initiatives and projects within the Fixed Income desk.
Macro and Fixed Income Research
- Conduct thorough research on fixed-income securities and markets, including sovereign, corporate, and other debt instruments.
- Maintain regular interactions with relevant stakeholders to keep abreast of all market developments and identify opportunities and risks associated with them
- Analyze macroeconomic indicators, market trends, and credit fundamentals to identify investment opportunities and risks.
Portfolio Analytics & Reporting
- Performing periodic portfolio analytics and making trade recommendations as and when necessary
- Preparing periodic portfolio reports and presenting at various platforms within the business as and when required.
- Monitor portfolio allocations, performance, and risk metrics, ensuring alignment with client benchmarks and investment mandates.
- Management of liquidity across all fixed-income portfolios, ensuring adequate levels of liquidity at all times through prudent, proactive management
Valuation and Trading
- Conduct valuation of unlisted debt instruments on a monthly basis through FinCad, with accuracy and timeliness in mind.
- Identify investment opportunities by maintaining constant communication with market intermediaries (banks, counterparties, dealers/brokers etc.)
- Negotiate instrument prices, prepare auction bids and seek best execution for both secondary and primary issuances.
Client Relations
- Assist the Client Relations team with client queries in a manner that demonstrates knowledge of the market, key performance drivers, investment outlook and internal house views
- Assist the Portfolio Manager with all portfolio transitions (onboarding, offboarding, and any other transitions of fixed income mandates/portfolios.
- Assist with the preparations of client presentations and attend report backs.
Qualifications & Role Specific Knowledge
- Relevant degree in Finance, Economics or Invesment Management Discipline
- Minimum of 5 years post qualification in the financial services industry preferably in asset management and extensive knowledge of fixed income asset management and liquidity management.
- Qualified Chartered Financial Analyst (CFA) or working towards the qualification. Other relevant professional qualification (CA, ACCA, CIMA, CAIA) are an added advantage
Competencies
- Demonstrate sufficient knowledge and experience of the Fixed income market, ALM and liquidity management
- Show financial service industry experience including exposures to financial instruments
- Demonstrate extensive experience and knowledge of macro-economic factors including detailed analysis and interpretation
- Demonstrate ability to create reliable professional relationships with all relevant stakeholders
- Demonstrate presentation skills
- Be self motivated and able to use initiative
- Plan and be methodical and demonstrate an ability to work well under pressure
- Be self confident, diligent and highly analytical
The Company offers an attractive remuneration package with benefits.
Note: Communication will be made to shortlisted candidates only
Closing Date: 14 February 2025
