The Unclaimed Financial Assets Authority (UFAA) is a State Corporation which was established by the Unclaimed Financial Assets Act No. 40 of 2011 with the primary mandate of receiving unclaimed financial assets from the holders of such assets on behalf of the Government, safeguarding and re-uniting the assets with their rightful owners.
The Authority invites applications from a suitably qualified and experienced person to fill the following position:
Senior Investment Officer
Ref: UFAA/15/2015
(1 Post)
Reporting to the Manager Unclaimed Financial Assets Line
Overall Purpose: This position will assist in the development and implementation of the Authority’s Strategic Investment outlook, as directed by the Board’s Investment Committee.
The Senior Investment Officer’s responsibilities include model portfolio research, monitoring, and reporting; asset allocation recommendations and analyses; capital market monitoring; and general investment management and due diligence.
The Senior Investment Officer will work closely with other members of the Investment Committee to identify and analyze potential investment opportunities and strategies, which could be implemented within the model portfolios.
The overall responsibility of the position is to provide support to the Investment Committee and assist in the design, testing, implementation, and management of model portfolios in accordance with the regulations.
The Senior Investment Officer’s responsibilities will be heavily weighted towards investment research activities, but will also include some operational activities such as oversight of Authority’s trading and Client portfolio monitoring.
Duties and Responsibilities
Investment Research
- Supporting the Investment Committee’s development of the Authority’s Strategic Investment Outlook;
- Performing statistical analyses on models and market hypotheses as directed by the Investment Committee;
- Providing Authority’s specific investment recommendations;
- Publishing investment related Communications;
- Build custom Authority’s portfolios.
Investment Operations
- Monitoring & communicating model portfolio positioning and performance;
- Monitoring model allocations to ensure compliance with Investment Policy Statements ;
- Overseeing of the Authority’s trading activities.
Qualifications
- Bachelor’s degree in Finance or Economics from a university recognized by the commission of University Education
- MBA is an added advantage;
- Strong understanding of portfolio theory, statistics, and capital markets;
- Proficient in use of investment software & technologies;
- Proficient in Microsoft Office – particularly Excel and Word;
Personal Attributes
- Ability to learn and apply new financial concepts and ideas, as well as new technologies
- Ability to handle multiple projects and priorities simultaneously;
- Self-motivated, ability to work independently;
- Personal characteristics: Client-first attitude,
- Team player, desire to grow and expand personal knowledge and an ability to think objectively and critically
Terms and Conditions
- Successful candidates for the above positions will be offered a competitive remuneration package.
- All applicants should attach the following documents with their applications: clearance certificates from Kenya Revenue Authority, Higher Education Loans Board, Credit Reference Bureau, Ethics and Anti-Corruption Commission, and a certificate of good conduct from the Criminal Investigations Departments.
Application Process
If you possess the above qualifications, please write quoting the Job Reference and Title on both the cover letter and envelope accompanied by up-to-date curriculum vitae, indicating your current remuneration and other benefits, academic and professional qualifications, work experience, your e-mail and telephone contacts.
Your curriculum vitae should indicate names, phone numbers, postal and email addresses of two (2) referees who are familiar with your previous academic/work experience.
Please attach copies of your educational, professional certificates, identity card or passport.
The applications should either be sent by post, e-mail, or hand delivered to the Authority’s Offices located at Pacis Centre, Westland- off Waiyaki way, 2nd Floor, to be received on or before 10th June, 2015, addressed to:
Chief Executive Officer
Unclaimed Financial Assets Authority
P.O. Box 28235-00200
Nairobi
Unclaimed Financial Assets Authority
P.O. Box 28235-00200
Nairobi
E-mail: careers@ufaa.go.ke
UFAA is “an Equal Opportunity Employer”
Women and Persons with Disability are encouraged
How to Apply
Canvassing of any form will lead to automatic disqualification.
NB: Only shortlisted applicants will be contacted