Chief Investment Officer

6 months ago


Sandton, South Africa Momentum Securities Full time

**Introduction**
- Momentum Securities provides a full range of stockbroking services supported by market-leading investment management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise bespoke solutions for your individual needs, with all our expertise at your disposal. We provide a comprehensive range of stockbroking solutions including; traditional trade executions (non-discretionary/self-managed portfolio), discretionary portfolio management and advisory portfolios. We also offer full-service stockbroking services into a number of domestic and global markets, supported by specialist research integrating our proprietary macro and micro market views.**Role Purpose**
- The primary purpose of the **Chief Investment Officer (CIO) **is toestablish investment strategies and manage our flagship equity model portfolios (local and international). Furthermore, the CIO will be tasked with assisting and complementing Momentum Securities’ Portfolio Management team with the view to making recommendations as to acquire, dispose or hold investments based on empirical research.**Requirements**:
**Qualifications**:
- Postgraduate degree in Investments Management, Finance, Actuarial Science, Quantitative or Risk Management
- Chartered Financial Analyst (CFA)

**Experience**:

- 10-15 years investment management experience
- 5 years senior leadership experience
- Exposure to portfolio management across a variety of products, markets and industries and a substantial track record of investment performance
- Exposure to both local and global equity portfolio management and equity research.
- Stakeholder management and influencing skills.

**Duties & Responsibilities**

**Investment Strategy
- Provides input and management oversight of investment strategy formulation to ensure the business is supported by the appropriate investment capabilities.
- Manage and accept accountability for Momentum Securities flagship model portfolios (local and offshore).
- Serve as the custodian of the business’ investment philosophy.
- Ensure investment capabilities and initiatives are appropriately prioritised and aligned to our investment philosophy.
- Works and provides technical assistance on investment policy.
- Ensures that investment mandates are established, implemented, and adhered to.
- Monitor and assess the effectiveness and performance of investment strategies, products and solutions and identify areas of opportunity that will enhance the client experience and returns.

**Regulatory compliance and risk management
- Develops strategies for identifying, measuring and mitigating risks relating to the overall investment management process.
- Ensures compliance of company policies, regulations, and rules.
- Chair the Momentum Securities Investment Committee.

**Investment Research**
- Oversee the investment research agenda and identify areas of outperformance, whether sectors or stocks, so that we outperform benchmarks.
- Supervise and mentor Equity Analysts complementary to the business’ investment process.

**Effectively lead team**
- Lead and provide the strategic direction to the investment management and equity research teams within Momentum Securities.
- Where MMH allows, to identify opportunities to leverage off strategic relationships and alliances to build new investment or growth opportunities.
- To provide management in the investment areas, where required, with an investment view and based on investment performance.
- Provide mentorship and guidance to direct reports.
- To be involved in setting investment goals for performance and growth.
- Manage performance of direct reports and hold them accountable.
- Identify relevant development needs within the team.
- Ensure transformational targets are met.

**Competencies**
- **Examining Information **:Analyses and processes information; asks probing questions; strives to find solutions to problems.
- **Directing people** : Is comfortable leading people; coordinates and directs groups; seeks to control things.
- **Seizing opportunities**: Identifies business opportunities; creates additional sales for future growth; wants to win and outperform competitors.
- **Providing insights **:Is focused on continuously improving things; provides insights by identifying key issues; makes intuitive judgements**.**:

- **Showing composure**: Stays calm and relaxed during events; is not worried and tolerates stress levels; is composed in dealing with pressure.
- **Developing strategies**: Is focused on developing strategies; thinks in the longer term and anticipates trends; envisages the future and adopts a visionary approach.
- **Convincing people**: Is comfortable having to persuade others; shapes opinions by being outspoken; seeks to negotiate with others.
- **Challenging ideas**: Prepared to disagree and question assumptions; challenges ideas and established views; comfortable arguing own perspec



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