Portfolio Manager Equities

Role Overview

You will take ownership of a diversified investment portfolio, making day-to-day decisions that balance return targets against the firm’s liability profile, liquidity needs, and regulatory boundaries. Your work will directly shape how capital is allocated across fixed income, equities, and alternative instruments, ensuring every position supports the broader asset–liability management strategy. Beyond executing trades, you will act as the bridge between market opportunities and internal stakeholders, translating complex portfolio movements into clear recommendations for committees and leadership.

Key Responsibilities

• Design and maintain strategic asset allocation models that align with the Investment Policy Statement, capital constraints, and ALM objectives, refreshing these models as market conditions or liabilities shift.
• Construct and rebalance portfolios across approved asset classes, including government securities, corporate bonds, money market instruments, listed equities, and collective investment schemes, staying within mandated limits.
• Run independent research on macro trends, interest rates, credit quality, and issuer fundamentals to build the investment case for each position, documenting all conclusions in structured notes for internal review.
• Lead due diligence on new and existing counterparties, fund managers, brokers, and issuers, maintaining a monitored approved list and flagging any deterioration in creditworthiness.
• Execute trades according to best-execution principles, verify accurate trade capture and settlement instructions, and liaise with operations and custody teams to resolve discrepancies.
• Monitor portfolio risk across market, credit, liquidity, duration, and concentration dimensions, running stress tests and scenario analyses and proposing corrective action whenever limits are breached.
• Produce performance reports that measure returns against benchmarks, break down attribution by allocation and selection, and clearly explain the drivers of outperformance or underperformance for board and committee audiences.
• Support actuarial, finance, and business planning functions by aligning investment assumptions with product guarantees, reserving requirements, and cash-flow projections.

Requirements & Qualifications

• At least 5–8 years of hands-on experience in portfolio management, investment research, treasury, or asset management within a financial services environment.
• A proven track record managing fixed income or multi-asset portfolios, with solid practical knowledge of performance attribution, benchmark construction, and rebalancing discipline.
• A bachelor’s degree in Finance, Economics, Actuarial Science, Accounting, Mathematics, Statistics, or a related discipline.
• Strong understanding of ALM principles, including duration matching, liquidity analysis, stress testing, and the impact of investment decisions on solvency capital.
• Familiarity with regulatory investment frameworks, admissible assets, concentration limits, and market conduct standards relevant to insurance and capital markets.
• Advanced analytical skills covering fixed income analytics (duration, convexity, yield curves, credit spreads), equity valuation, and macro/market interpretation.
• High proficiency in Excel and financial modelling, combined with working knowledge of portfolio management systems and market data platforms such as Bloomberg or Refinitiv.
• Excellent communication skills, with the ability to explain complex risk and performance topics to non-specialist board members, regulators, and internal committees.
• Demonstrated integrity, sound judgment under uncertainty, and a disciplined approach to decision-making in volatile market conditions.
• A CFA charter or progress toward CFA Level II/III is highly desirable; FRM certification, a postgraduate degree in Finance or an MBA, and prior experience in an insurance investment environment are viewed as additional strengths.