Asset Allocation Expert

4 days ago


Cape Town, Western Cape, South Africa Absa Group Full time

**Asset Allocation Expertise**

Absa Group is seeking a highly skilled Asset Allocation Expert to join its investment team. The successful candidate will be responsible for developing and implementing strategic asset allocation models, conducting research on market and economic conditions, gathering data, performing statistical analysis, and building market and economic forecasts using time-series modelling techniques.

We are looking for a candidate with a strong background in actuarial science, statistics, mathematics, finance, or investments, with proficiency in MS Office (Excel, PowerPoint, PowerBI) and coding skills in Python/R/MATLAB or other quantitative/statistical software.

Key Responsibilities

  1. Strategic Asset Allocation: Develop and implement strategic asset allocation models, conduct research on market and economic conditions, gather data, perform statistical analysis, and build market and economic forecasts using time-series modelling techniques.
  2. Equity Research: Conduct fundamental research on companies, assessing their strategy, operations, financials, and valuations to make high-conviction investment recommendations.
  3. Portfolio Management: Manage quantitative investment portfolios, rebalance specialized portfolios such as living annuities and life-stage portfolios, and trade and rebalance offshore and local portfolios.

Requirements

  • Actuarial Science qualification preferred
  • Statistics, Mathematics, Finance, Investments related qualifications
  • Any other quantitative qualification
  • CFA is an added advantage
  • Proficiency in MS Office (Excel, PowerPoint, PowerBI)
  • Coding skills in Python/R/MATLAB or other quantitative/statistical software


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