Company Info
Mid sized business
Dunn Loren Merrifield (DLM) Group is a full-service financial investment house that combines the attributes of origination, distribution and trading of securities. The Group is a developmental Investment Banking Institution that nurtures and delivers bespoke and innovative solutions to sovereign/sub-sovereign entities and private & non-private corporations. We also work with international emerging market fund managers and international banks with an appetite for sub-Saharan Africa investments.
1 to 50 Employees
Dunn Loren Merrifield (DLM) Group is a full-service financial investment house that combines the attributes of origination, distribution and trading of securities. The Group is a developmental Investment Banking Institution that nurtures and delivers bespoke and innovative solutions to sovereign/sub-sovereign entities and private & non-private corporations. We also work with international emerging market fund managers and international banks with an appetite for sub-Saharan Africa investments.
Job Title: Portfolio Manager
Location: Ikoyi, Lagos
Employment Type: Full-time
Job Summary
- Are you a skilled financial professional with a passion for managing portfolios and maximizing returns?
- We are seeking an experienced Portfolio Manager to join our team.
- In this role, you will play a vital part in actively managing funds, ensuring compliance, and driving business growth through strategic investment decisions.
Key Responsibilities
- Actively manage all mutual funds within DLM Asset Management to meet or exceed targeted benchmarks.
- Oversee the management of the High-Income Investment Portfolio (HIIP) to achieve a minimum margin of 3.5%.
- Manage private portfolio assets and liabilities to minimize asset/liability mismatch and reduce ALM risk.
- Identify and leverage market opportunities, demonstrating a minimum of N100m contributions from these opportunities.
- Ensure the proper administration of all mutual funds, HIIP, and private portfolios.
- Prepare investment justification memos for approval by the MD across various funds and investments.
- Monitor investment performance to meet agreed benchmarks and rebalance portfolios to maintain asset allocation limits.
- Conduct in-depth fundamental and technical research, providing relevant investment recommendations.
- Deliver regular presentations on the economy, market trends, portfolio performance, and outlook to executive management, the Board of Trustees, and other stakeholders.
- Collaborate with the business development team to manage client relationships and achieve business objectives.
- Prepare investment teasers and monthly fact sheets, as well as other required investment reports.
- Ensure full compliance with trust deeds and SEC regulations in managing funds.
- Manage portfolio risks (liquidity, interest rate, price, market) and ensure all portfolios maintain an investment-grade rating (minimum of A).
- Execute trades promptly and efficiently, avoiding any delays that may result in income loss.
- Negotiate and minimize transaction costs to improve overall profitability.
Qualifications
- A Bachelor’s Degree in Finance, Social Sciences, or a related field.
- CFA (Chartered Financial Analyst) certification is an added advantage.
- Minimum of 5 years post-NYSC experience in portfolio management, preferably within insurance companies, asset management firms, or pension funds.
- Strong understanding of financial markets, asset management, and investment strategies.
- Proven ability to conduct thorough financial research and analysis.
- Excellent communication, presentation, and interpersonal skills.
- Strong attention to detail, with the ability to comply with regulatory requirements.
- Ability to work effectively with cross-functional teams to meet business objectives.
Application Closing Date
20th November, 2024.
How to Apply
Interested and qualified candidates should:
Click here to apply online