Posted:Mon at 2:37 PM
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
The Kenya Power & Lighting Company Limited Staff Retirement Benefits Scheme (‘The Fund”) was established by a Trust Deed dated 1 January 1970. The Fund is a defined benefit occupational pension fund and was formed for the employees of The Kenya Power & Lighting Company Limited (‘the Sponsor’), then known as East Africa Power and Lighting Company Limited. The Fund is governed by Trust Deed and Rules which have been approved by the Retirement Benefits Authority (RBA). The main purpose of the Fund is the provision of cash benefits and pensions to the members upon attainment of the retirement age of sixty years, and where applicable, benefits for dependents of deceased members. The Fund is among the largest Pension Funds in Kenya and is mature. The number of active members above the age of 50 years, pensioners and deferred pensioners is much greater than the number of younger active members. The Fund is approved by Kenya Revenue Authority as a retirement benefits scheme for the purposes of the Income Tax (Retirem
Job Description
Under the direct supervision of the Investment Analyst, the intern will assist the investment department in measure and evaluate return on investment trends that may affect the investment portfolio.
Minimum Qualifications
- Qualification: Bachelors Degree
Key Responsibilities
- Measurement and evaluation of return on investment trends that may affect the investment portfolio
- Review of the fund managers’ investment plans and provision of advice on market trends
- Undertaking research on the existing investment portfolio and on new investments
- Analyzing financial information relating to specific companies
- Keeping up to date with market developments, new investment products and all other areas .
- Carrying out the monitoring & evaluation of investment portfolio returns.
- Investment trends & scenario analysis and development of scenario models.
- Management and storage of department data
- Review and analysis of the investment portfolio and guiding management
Required Knowledge, Skills, and Abilities
- Bachelors Degree or an equivalent in bachelor of commerce (accounting/finance option) from accredited and recognized institution.
- Bachelors Degree or an equivalent in bachelor of science (statistics) from accredited and recognized institution.
- Interpersonal and cross-cultural skills, including ability to build collaborative relationships with sensitivity to diversity/inclusion.
- Creativity and innovation skills.
- Action oriented and demonstrated ability to manage priorities
- Quality focus and attention to detail.
Education: Degree, Diploma
Employment Type: Contract Based