Investment Strategist

### **Empowering Africa’s tomorrow, together…one story at a time.**With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.**Job Summary**Overall job purpose To provide specialist actuarial support that enables sound commercial advice through the application of probability & investment theory and related statistical tools and the execution of predefined objectives as per agreed standard operating procedures to support sound management of business performance and financial risk.**Job Description****Risk management***Objective*Apply the highest standards of controls and risk management practices and behaviours and embed a positive risk and control culture.Demonstrate prudence, sound judgement and appropriate and timely escalations in the management of all types of risk applicable to my role.*Outcome*Understand role in the business end to end processes, including applicable risks and controls and how this improves the service we provide to our customersAdhere to Absa frameworks, policies and procedures applicable to my role, demonstrating sound judgement and responsible risk management, and when required highlight breaches and request dispensations and waivers on a timely basisReport all risk events/incidents/issues immediately upon discovery and escalate significant events/incidents/issues using the defined process for my business areaHelp to understand why risk events/incidents/issues happened and identify how to prevent them in future - focusing on fixing root causes and taking ownership of identified actionsProactively identify ways to improve the control environment by considering what could go wrong in the processes operated and how errors could be prevented - focusing on fixing root causes and taking ownership of identified actions\*Complete all mandatory training to deadline**Team spirit***Objective*Encourage collaboration and learning from each other’s skills and using each other as resources to improve individual outcomes and objectivesTake individual accountability with openness and transparencyEnsure team-wide involvement, with peer and senior reviews, and input/ideas for collaborative projects*Outcome*Collaborative research review sessions for regular research reports such as Eco week, market update and the HouseviewInitiating peer reviews and senior reviews of own work whilst also proactively acting as a reviewerParticipating in daily team activities including but not limited to morning market update calls**Strategic asset allocation and investment strategy**Conduct local and global fundamental, qualitative and quantitative research on market and economic conditions and trendsGather data, perform statistical analysis and build market and economic forecasts using time-series modelling techniques, parameterizing financial and economic models, and introducing machine learning algorithms like neural networksRun the Strategic Asset Allocation model quarterly using the Black-Litterman model framework in combination with Modern Portfolio Theory and present any recommended changes to Asset Allocation CommitteeOutcomesDelivering market-beating investment performancePublications of high-quality, in-depth and up-to-date regular research reports such as the weekly Eco week as well as the monthly houseviewProducing accurate asset class return forecasts**Portfolio management**Management of investment portfolios within scope Trading and executing investment decisions of all investment portfolios within scopeOutcomesImplemented portfolios are managed in alignment to Houseview and/or any relevant model portfolios**Equity research**Conducting detailed, in-depth and high-quality research on companies looking at their strategy, operations, financials and valuationsIncorporating ESG into the investment management and research processOutcomesProduction of timely, high quality and informative research reports including the daily and weekly Markey wrapProviding high quality, in-depth and informative investment presentations to the relevant forums on an on-going basisProviding investment recommendations to the relevant forums and committees with a high level of conviction**Stakeholder engagement***Objectives*Stakeholder engagement, identifying problems, designing solutions, executing and project management across multiple disciplines and functions*Outcomes*Relevant investment solutions for areas of the business that meet the respective value proposition requirements and/or business needs and objectivesEnhanced business processes that satisfy business and client objectives whilst minimizing risk outcomes**Client/Media engagements***Objectives*Positioning Absa Investments, and more broadly Absa Group, as a market, product and thought leader on local and global investment and economic matters*Outcomes*Regular external and internal engagements on the market and economic landscape on platforms such as tv, radio, print and roadshows amongst others**Qualifications:**BSc qualification**Education**Bachelor's Degree: Actuarial Science*Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.**Absa Bank Limited reserves the right not to make an appointment to the post as advertised*#J-18808-Ljbffr