Background

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 provides comprehensive support to the Investment Manager in the day-to-day management of client portfolios and the overall operations of the Investments Department. The role is crucial for ensuring the smooth execution of investment strategies, 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 implementing asset allocation strategies for client portfolios
• Monitor investment dealing and trading activity, and prepare portfolio performance reports against benchmarks
• Conduct fundamental and technical research to generate investment ideas and macroeconomic perspectives
• Prepare and consolidate investment, fund, and compliance reports for management, clients, trustees, and regulators (CMA, RBA)
• Liaise with stockbrokers, custodians, and other third-party service providers
• Support client communication, presentations, and marketing initiatives

Qualifications, Experience, and Competencies

Qualified candidates are expected to possess the following:

• 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
• Strong analytical and quantitative skills with a solid understanding of financial modelling and valuation
• Proficiency in investment software and data platforms
• Excellent communication and report writing skills, with a high level of attention to detail and accuracy
• Demonstrated high ethical standards and impeccable integrity

• Support the Investment Manager in developing and implementing asset allocation strategies for client portfolios
• Monitor investment dealing and trading activity, and prepare portfolio performance reports against benchmarks
• Conduct fundamental and technical research to generate investment ideas and macroeconomic perspectives
• Prepare and consolidate investment, fund, and compliance reports for management, clients, trustees, and regulators (CMA, RBA)
• Liaise with stockbrokers, custodians, and other third-party service providers
• Support client communication, presentations, and marketing initiatives

• Strong analytical and quantitative skills
• Solid understanding of financial modelling and valuation
• Proficiency in investment software and data platforms
• Excellent communication and report writing skills
• High level of attention to detail and accuracy
• Demonstrated 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