Portfolio Manager at DLM Capital Group

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.

We are recruiting to fill the position below:

Job Title: Portfolio Manager

Location: Ikoyi, Lagos
Employment Type: Full-time

Job Description

• 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.

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
31st October, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online