Senior Investment Dealer

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Job Summary

• The Senior Investment Dealer is responsible for the execution, management, and optimization of the organization’s investment portfolio across approved asset classes in the Kenyan financial markets. The role focuses on deal execution, stakeholder management, liquidity management, risk control, regulatory compliance, and research analysis, while providing market leadership, mentoring junior dealers, and contributing to strategic investment decisions aligned with client mandates and institutional objectives.

• Prepare dealing tickets to the intermediaries and ensure they are logged into the fund management system accurately and timeously.
• Timely, accurate and competitive dealing with placement counterparties with view to maximizing returns to the organization while managing risk and tax efficiency.
• Ensuring timely settlement of the trades with custody and in the Investment system.
• Negotiating and closing investment opportunities with potential counterparties.
• Implementation of investment decisions made by the Investment Committee in liaison with the investment manager.
• Ensuring complete documentation/recording of trades/deals in compliance with internal procedures.

• Recommend rebalancing actions based on market developments and cash flow needs.
• Monitor upcoming investment maturities/Roll-overs and informing investment managers/private wealth clients in a timely manner.
• Monitor macroeconomic trends, interest rates, inflation, FX movements, and market sentiment.
• Provide investment ideas, trading strategies, and market commentary to the Investment Committee.
• Support asset allocation and tactical investment decisions.
• Conducting weekly, monthly, and quarterly meetings with the investment team to review investment actions and guide future investment strategies.
• Support client reporting and investment reviews where required.

• Initiating and sustaining good relationships with investment counterparties including banks, brokers, custodians, and other market participants to ensure efficient exaction of deals.
• Organize continuous and periodic review meetings with listed and unlisted institutions to facilitate investment management decision making.
• Coordinate meetings with potential investment issuer
• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards.
• Understand and manage risks and risk events (incidents) relevant to the role.
• Compliance with Service providers and counterparty SLAs.

• Develop counterparty review models and spearhead the reviews as per business policy.
• Initiating and sustaining good relationship with investment brokers and issuers to ensure access to management and relevant decision-making information.
• Support in maintaining all research databases always updated.

• Mentor and supervise Junior Investment Dealers.
• Ensure smooth interaction between dealing, front office, middle office and back-office operations.
• Take charge of own growth and development needs through seeking on the Job training and enrolling in relevant in-house and external courses.
• Work closely with the team leader and other team members to ensure world class customer service
• Constantly seeking better ways of working by challenging the status quo and supporting an empowering climate within the team, sharing best practice, knowledge, experience and providing constructive feedback as required
• Provide cover for team members as required.
• Support implementation and adoption of change initiatives

• Data steward
• Investment Committee coordination
• Limit Setting Committee coordination

•  A first degree in relevant subjects which may include Finance, Commerce, Actuarial Science etc.
• Compliant with the CISI and ICIFA certification requirements.
• Professional qualifications which may include CFA, CIFA, CPA, CISI, CAIA and/or other relevant professional qualifications in fund management will be an added advantage.

• A minimum of five (5) years’ experience in Investment Analysis and Dealing or other relevant areas.
• Experience in use of Investment Management and Research Systems.

• Knowledge of the Kenya financial services industry, Capital Markets Authority (CMA) & Retirement Benefits Authority (RBA) Guidelines.
• Knowledge of good practice in financial analysis and dealing and related activities including risk and governance frameworks.

Education