Head, Investment Management at ARM Hold Co.

ARM Life formerly CrystaLife Assurance Plc. is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM).

Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities. However, over the years, the Firm has taken advantage of opportunities in various sectors of the Nigerian economy and has proven its ability to identify and develop new strategic businesses and integrate these to strengthen its asset management business model. This ability has resulted in the evolution of the Firm into a diversified financial services institution with businesses divided into two distinct parts within which various products and bespoke asset management services are offered to our diverse clients, focusing on Traditional Asset Management and Specialised Funds. ARM currently manages total assets of over N500bn.

ARM Life has a strong track record in the group life insurance sector with favourable references across the industry. It is licensed and regulated by the National Insurance Commission of Nigeria (NAICOM) to underwrite Life, Annuity and Health insurance.Location: Ikoyi, Lagos

Job Objective(s)

The Position Holder is responsible for providing leadership to the investment management function of the company, by contributing to the formulation of investment strategies, product development and process improvement initiatives; maintain coverage of assigned research responsibilities; ensuring efficient trade execution, portfolio administration and transaction processing; supporting Primary Portfolio Managers, and maintaining secondary responsibility for asset portfolio. In addition to the foregoing, the Position Holder would be expected to extensively collaborate with the company’s Managing Director and Board of Directors to establish long-range goals, strategies, plans and policies.
Develop Procedures and Processes: Produce and implement a manual of procedures and processes for all investment-related activities.
Trade Execution: Trade execution, including compilation and dissemination of approved portfolio trade orders to counterparties. The Position Holder is also responsible for ensuring efficient and accurate posting of portfolio and transaction data.
People Management: Responsible for driving and sustaining strategic people management practices that support the organization’s ability to achieve its corporate objectives through optimal talent resourcing, employee engagement, talent management, and people development.

Duties and Responsibilities

Stakeholder Engagement: Build advantageous relationships across the firm, as well as with key decision-makers in organizations in which ARM either already has an existing relationship, or are in the organization’s client pipeline, in order to support the growth of the firm’s client-base and Assets Under Management (AUM), as well as its long-term business growth. The Position Holder is also required to sit on the executive, investment and mutual funds committees of the organization.
Investment Strategy: Active contribution to the development and implementation of strategies to improve the portfolio management function. The Position Holder is also responsible for the implementation of agreed investment strategies and action plans, and ensuring adherence to investment mandates and client profiles.
Market Research and Analysis: Leads market research and analysis efforts into uncovering both global and local macroeconomic trends, extensive research into various financial instruments, and in-depth review of mostly publicly traded companies, in order to understand current trends, and forecast future performance, with the aim of applying this knowledge to managing the firm’s
Manage Portfolio Performance: Develop portfolio performance benchmarks and targets based on factual market information on an annual basis, or at any other frequency interval requested.
Review Investment Proposals: Review proposals for investment in quoted equities, bonds, and money market securities.
Prepare funds management proposals to current and prospective clients.
Asset Allocation: Review on a constant basis, the asset allocation of mutual funds to ensure compliance with the trust deeds.
People Management: Responsible for driving and sustaining strategic people management practices that support the organization’s ability to achieve its corporate objectives through optimal talent resourcing, employee engagement, talent management, and people development.

Requirements

Minimum of 12 – 15 years of work experience in similar role.
Bachelor Degree from an accredited university.
Professional certification in finance and/or accounting from a recognized professional body (e.g. CFA, CGMA, ACCA, ICAN etc.

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