Senior Portfolio Manager

A major financial services provider is seeking an experienced Senior Portfolio Manager to join their Investment Division. The successful candidate will play a pivotal role in developing and implementing multi-asset investment strategies, overseeing portfolio construction, conducting manager research, and providing high-level advisory support to clients and stakeholders. This is a leadership role ideal for a strategic thinker with a proven track record in portfolio management and a deep understanding of both South African and global investment markets.

Responsibilities 

Investment Strategy

• Develop and articulate long-term investment strategies for multi-asset portfolios aligned with client objectives and market conditions.

• Identify and evaluate new investment opportunities, asset classes, and strategic partnerships.

• Implement innovative portfolio solutions and adapt to regulatory, technological, and market changes.

• Provide thought leadership and guidance to financial advisors and key stakeholders.

• Influence the firm’s investment philosophy, house view, and strategic asset allocation frameworks.

Portfolio Construction and Management

• Design, implement, and manage multi-asset portfolios including unit trusts, hedge funds, direct equities, ETFs, and alternatives.

• Oversee asset allocation, manager selection, and portfolio rebalancing in line with risk/return objectives and regulatory requirements.

• Monitor and report portfolio performance, risk metrics, and compliance with mandates.

Manager Research and Due Diligence

• Conduct qualitative and quantitative research on third-party asset managers and investment products.

• Present investment recommendations to the investment committee and stakeholders.

• Maintain and update approved and buy lists for underlying managers and funds.

Client Engagement and Advisory Support

• Provide strategic portfolio insights and market commentary to financial advisors.

• Deliver high-touch service to high-net-worth individuals and institutional clients.

• Prepare and present detailed investment reports and proposals.

Risk Management and Compliance

• Ensure compliance with FSCA regulations, FAIS requirements, and internal risk controls.

• Oversee risk management processes including liquidity, counterparty, and operational risks.

• Stay updated on regulatory changes affecting DFMs, hedge funds, and collective investment schemes.

Leadership and Mentoring

• Mentor junior portfolio managers and analysts.

• Contribute to the development of investment processes and methodologies.

• Participate in investment and governance committees.

Technology Tools

• Morningstar, Excel, IRESS, OPUS, FactSet

Requirements

• Postgraduate degree in Finance, Economics, Investment Management, or related field (CFA preferred).

• Minimum 7 years’ experience in portfolio management, multi-manager research, or investment consulting.

• Proven track record managing discretionary mandates including unit trusts, hedge funds, ETFs, and alternatives.

• Strong understanding of South African and global investment markets and regulatory frameworks.

• Proficiency in English and Afrikaans.

Critical Competencies

Knowledge

• Stock markets and global economy

• Unit trusts, hedge funds, shares, ETFs, and alternative investments

• Advanced computer skills

• Asset class valuations

• Fund selection

• Asset allocation

• Quantitative and qualitative analysis

• Current affairs and market impact

Skills

• Advanced analytical and quantitative skills (financial modelling, performance attribution, risk analysis)

• Deep knowledge of asset allocation, manager research, and portfolio construction

• Excellent communication and presentation skills

• Strong leadership, mentoring, and team collaboration abilities

• High ethical standards and commitment to regulatory compliance

Benefits