Associate Fund Manager - Life Insurance

Education:

- Post Graduate Degree or Diploma in Finance

- CA / CFA / will be added advantage

- FRM / PRM is highly desirable

Experience Range: 2 - 5 years

Professional :

Experience/ Skills:

- A good in-depth knowledge of fund management, money markets (esp. bond markets) and trading techniques & skills

- Strong understanding of market risks

- Extensive knowledge of financial markets/instruments/regulations, economic theories and relationships, valuation tools, etc. particularly as it relates to fixed income investing

- Proficiency in Bloomberg, Excel, and other research/data compilation tools

- Knowledge of Derivatives is highly desirable

- Decision making and quantitative analytics skills

Key Responsibilities:

Investments :

- On a daily basis, review the market trends & sentiment, SLIC's cash position, fund flow statement, ALM requirements, etc. and plan the investment strategy with the CIO/ Sr. FM ensuring optimum utilisation of idle funds

- Devise strategies for portfolio management - Evaluate and execute trade ideas in the Fixed Income space

- debt, government securities, mutual funds, etc.

- Monitor the portfolio performance and proactively take steps to maximise profitability and minimise losses.

- Plan for investment or exit and be responsible for liquidity management across funds

- Maintain regular / daily contact with brokers & intermediaries to scan the market and establish the investment opportunities.

- Perform periodic analysis of holding vs, benchmark and optimize the returns of each of the portfolios within the acceptable risk limits

- Keep a track of credit exposures and also the ALM position of various fund

- Track various macro factors/trends that can influence the yields/interest rates

- Appraise the management of the developments in the capital markets and some of the key decisions we have taken

- Continuously assess and evaluate risk and recommend / implement strategies to manage them Build Market Intelligence

- Build and nurture relationships with various participants in the market like brokers, fund managers, CIOs, treasury teams, etc. for information gathering and discussions on market situations and to enhance decision making

- Continuously scan the markets, build market intelligence and ensure investments are aligned with the market movements

Research and Reporting :

- Track and analyse the local and global bond markets; Review industry / market research reports and analyse to create insights for the senior management; Appraise the Sub-committee and Board of the developments in the markets and various calls taken

- Prepare reports / presentations on investments (Debt side) for Investment Committee and the Board

- Prepare monthly asset management report and present to senior management & Sanlam

- Handle any queries or requests from senior management, Board, Investment Committee with regards to investment opportunities; Research and analyse as appropriate and respond

- Ensuring timely and accurate reporting for Investments and Investment Income

Other Activities - Support in Investment audits as required and ensure closure of audit queries