Deputy Director, Investment & Portfolio Management at Kenya National Entrepreneurs Savings Trust (KNEST)

10 Years
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Company Details
Industry: Government Administration
Description: Kenya National Entrepreneurs Savings Trust (KNEST) is a unique national informal sector pension scheme established by the Government to meet the unique needs of the more than 15 million marginalized informal sector workers. The scheme has deployed low-cost modern technologies to catalyze a sustainable business model that manages intermittent micro contributions to meet both long-term (pensions demands) and pressing short-term needs that are unique to this sector. The scheme is duly registered by RBA with certificate Reg. No. 01742.
Job Description

JOB REF No. KNEST/ FMA/003/25 (RE-ADVERTISED)

Job Specifications

Duties and responsibilities at this level will entail: -

  • Overseeing the development of policies, regulations, guidelines andstrategy for fund management
  • Overseeing the development of the Scheme’s investment plans andstrategy;
  • Recommending to Trustees strategic investments opportunities;
  • Establishing linkages with strategic financial partners;
  • Regularly meeting with investment analysts and financial strategicpartners to discuss investment opportunities;
  • Providing leadership in analyzing business performance, industrytrends, existing or new regulatory requirements and their impact onbusinessoperations. (viii) Leading in Investment negotiations;
  • Ensuring investment portfolios are aligned with statutory guidelines andKNEST’s strategic objectives;
  • Ensure undertaking of Portfolio and Investment Research;
  • Advising the Trustees on investment options and opportunities;
  • Ensuring returns on investment
  • Coordinating acquisition and management of Scheme Investment withthe aim of increasing its value and assure best returns on investment;
  • Setting the criteria and conditions governing investment;
  • Aligning investment portfolio with KNEST ’s strategic objectives;
  • Ensuring maintenance of proper investment records for all securities
  • Ensuring preparation of all investment and periodic portfolioperformance reports
  • In liaison with the Fund Manager, ensure preparation and filing of all statutory reports
  • Managing and developing staff in the department.
  • Ensuring prudent utilization of the resources of the Corporation

Person Specifications

For appointment to this grade, a candidate must have: -

  • Served for a minimum period of ten (10) years, four (4) of whichshall be in a management role;
  • Bachelor’s degree in any of the following disciplines; Commerce(Finance option), Finance, Economics, Business Management (Finance option) orequivalent qualification from a recognized institution;
  • Masters degree in any of the following disciplines; Commerce (FinanceOption) Finance, Economics, Business Administration (Finance Option)or equivalent qualification from a recognized Institution;
  • Passed Part III of the Certified Public Accountants (CPA K) examinationor equivalent qualification from a recognized institution;
  • Certificate in Leadership/Governance course froma recognizedinstitution;
  • Membership with a relevant professional body;
  • Proficiency in computer applications;
  • Meet the requirements of Chapter six of the Constitution; and
  • Demonstrated professional and Managerial competence in financeandaccounts functions as reflected in work performance and results.

Key Competencies and Skills

  • Communication skills;
  • Team work;
  • Interpersonal skills;
  • Analytical skills;
  • Time management skills;
  • Organizational skills;
  • Leadership skills;
  • Negotiation skills;
  • Decision making skills; and
  • Problem solving skills
  • Check how your CV aligns with this job
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time
Contact Information

Key Skills

finance  AccountingAuditing 
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