Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services. The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in 1988 as Madison Insurance Company Limited (MICK) after a successful merger between Crusader Plc (1974) and Kenya Commercial Insurance Corporation.

Purpose of the Role

The Assistant Portfolio Manager supports the Investment Manager in the day-to-day management of client portfolios across equities, fixed income, derivatives and money market instruments, in both local and global markets. The role combines portfolio management with active dealing, and is crucial for the smooth execution of investment strategies, effective management of risk and liquidity, timely and accurate reporting, and adherence to all regulatory guidelines set by the Capital Markets Authority and the Retirement Benefits Authority.

Key Responsibilities

Key responsibilities for the position are as hereunder:

• Support the Investment Manager in developing and executing investment strategies and asset allocation for client portfolios, and in monitoring portfolio performance and risk
• Analyse local and global equity markets, generate investment ideas, and execute equity trades while managing liquidity and ensuring compliance with investment mandates
• Trade fixed income instruments, including Government securities and sovereign and corporate Eurobonds; analyse interest rate movements and manage credit, duration and liquidity risk
• Trade derivatives (futures and options) and Currencies (FX) across global markets, including pricing contracts, managing leverage and margin requirements, and monitoring real-time market movements
• Conduct market and macroeconomic research, manage client relationships, support client presentations and marketing initiatives, and identify new business opportunities

Qualifications, Experience, and Competencies

Qualified candidates are expected to possess the following

• Proven experience in portfolio management and in trading equities, fixed income (including Eurobonds), derivatives and FX in both local and global markets
• Bachelor’s degree in Business, Finance, Economics, or a related field; demonstrable progress toward a Master’s degree is an added advantage
• A professional qualification such as CISI, CIFA, or progress towards the CFA program is highly desirable
• 4 – 6 years’ experience in the investment or fund management industry, with at least 3 years in a dealing or trading role
• Strong analytical and quantitative skills, with a solid understanding of financial modelling, valuation and the pricing of fixed income and derivative instruments
• Proficiency in trading platforms, market data tools (e.g., Bloomberg or Refinitiv) and advanced Excel
• Good knowledge of CMA and RBA regulations, investment compliance and trade settlement processes
• Excellent communication and report writing skills, strong client relationship skills, and a high level of attention to detail and accuracy
• Demonstrated high ethical standards and impeccable integrity

• Support the Investment Manager in developing and executing investment strategies and asset allocation for client portfolios, and in monitoring portfolio performance and risk
• Analyse local and global equity markets, generate investment ideas, and execute equity trades while managing liquidity and ensuring compliance with investment mandates
• Trade fixed income instruments, including Government securities and sovereign and corporate Eurobonds; analyse interest rate movements and manage credit, duration and liquidity risk
• Trade derivatives (futures and options) and Currencies (FX) across global markets, including pricing contracts, managing leverage and margin requirements, and monitoring real-time market movements
• Conduct market and macroeconomic research, manage client relationships, support client presentations and marketing initiatives, and identify new business opportunities

• Portfolio management and trading equities, fixed income, Eurobonds, derivatives and FX in local and global markets
• Strong analytical and quantitative skills
• Financial modelling and valuation
• Pricing fixed income and derivative instruments
• Proficiency in trading platforms and market data tools such as Bloomberg or Refinitiv
• Advanced Excel
• Knowledge of CMA and RBA regulations, investment compliance and trade settlement processes
• Communication and report writing
• Client relationship management
• Attention to detail and accuracy
• High ethical standards and impeccable integrity

• Bachelor’s degree in Business, Finance, Economics, or a related field
• Demonstrable progress toward a Master’s degree is an added advantage
• A professional qualification such as CISI, CIFA, or progress towards the CFA program is highly desirable