CEO, CIO & CASH EQUITIES OPENINGS – ASSET MANAGEMENT recruitment

Seeking candidates for the openings below with Emerging Markets Experience (Africa experience not essential):

CHIEF EXECUTIVE OFFICER (CEO), AFRICA FUND - ASSET MANAGEMENT
BASED: JOHANNESBURG, SOUTH AFRICA
STAFF ACCOUNTABLE: 10

- CFA / CA qualification
- No less than 15 years working experience.
- Relevant experience: No less than 8 years in a similar role or a similar organization. International experience will be an added advantage.
- To grow the Group's assets under management to USD 10 billion over the next 5 to 8 years and work with the asset management team in building successful foundations of a premier asset management business in Africa (outside South Africa).
- Responsible for All asset classes including equities, fixed interest and cash and where applicable alternative asset classes including but not limited property, private equity, derivatives, warrants, etc.
- Build relationships with clients in all member states and in the developed markets.
- Regulatory matters dealing with fund and asset management businesses.
- Manage and develop the global multi-management capability of the Group.
- Monitor and manage the portfolios/funds raised by the Company.
- Select securities through a fundamental approach.
- Develop a quantitative analysis approach.
- Develop a product policy.
- Building and maintain relationships both internally and externally.
- To comply with Company policies, regulations and rules.
- Improving levels of service to staff and customers and enhancing internal operational efficiencies.
- Ensure sufficient and suitable training of all pertinent areas of the business.
- Suitable and adequate documentation of all work performed.

CHIEF INVESTMENT OFFICER (CIO) - ASSET MANAGEMENT
BASED: JOHANNESBURG, SOUTH AFRICA
STAFF ACCOUNTABLE: 10

- A recognized Bachelor's degree, preferably in finance, but not necessarily as well as a post-graduate qualification, namely CFA (USA) will be an advantage
- No less than 15 years working experience.
- Relevant experience: No less than 8 years in a similar role or a similar organization. International experience will be an added advantage.
- To support the incumbent Head of Asset Management in building successful foundations of a premier asset management business in Africa.
- To participate in the management of an African (ex-South Africa) portfolio. To make the necessary portfolio decisions based on market knowledge, thorough research and company visits.
- Interact with the stock broking community to obtain maximum benefit in terms of research and trading.
- Support, assist and complement the company's existing portfolio management team to provide the group's broader asset management division with a view to making recommendations as to whether to acquire, dispose of or merely hold investments, based on the empirical and other evidence you have obtained in the course of your research.
The following will be included in the employment contract and will serve as the primary basis for performance reviews:
- Deliver consistent out-performance for the various funds and client mandates in line with defined benchmarks
- Establish standardised investment content for new business proposals and presentations and be involved with key business presentations
- Ensure investment philosophies, and policies are established, implemented and adhered to (set up and chair appropriate meetings)
- Lead the investment team, including the Pan Africa and Regional teams, with responsibilities for:

HEAD OF CASH EQUITIES
BASED: JOHANNESBURG, SOUTH AFRICA
STAFF ACCOUNTABLE: 85

- candidates who have no less than FIVE years working experience.
- No less than THREE years should have been spent in a financial services role or a similar organization.
- The main purpose of the job will entail the leadership, growth and management of the Group's cash equity business in Africa.
- Manage the strategic direction and growth of the cash equities business (countries) across Africa with full responsibility for revenue and profit targets.
- Significantly expand the profitability of each operation.
- Business development, in particular driving client trading volumes and other corporate transactions (Initial Public Offers, Rights Issues, Sponsoring Broker etc).
- Ensure compliance with all regulatory requirements.
- Monthly, quarterly and annual reporting to business and clients.
- Exercising budgeting and control of expenses.
- Analysing the market and the business to find innovate ways to grow revenue, reduce costs and increase profitability in all operations under management.

PORTFOLIO MANAGER (PM) - BOTSWANA
BASED: BOTSWANA, AFRICA

- Responsible for the asset management business in Botswana focusing on building a premier asset management business in Botswana.
- Improvement of the investment process. There is a strong focus on consistent upper quartile investment performance, and transferring of skills to all asset managers in all markets where the Group is active.
- Growing assets under management in new and existing markets and performance will be judged on the increase in assets under management
- Strategy Formation - contribute significantly towards strategy formation, which will be utilized to identify attractive investment opportunities in the target markets.
- Monitor and manage the portfolios/funds raised by the Company
- Select securities through a fundamental approach
- Develop a quantitative analysis approach
- Develop a product policy
- Building and maintain relationships both internally and externally
- To comply with Company policies, regulations and rules.
- Improving levels of service to staff and customers and enhancing internal operational efficiencies
- Ensure sufficient and suitable training of all pertinent areas of the business.
- Suitable and adequate documentation of all work performed.
- Improving levels of service to staff and customers
- Ad-hoc projects as may be required from you by management from time to time