Investment Associate

About the role

Britam is hiring an Investment Associate to support the management of its unit trust funds and segregated mandates. The role covers research and analysis of fixed income, equity and money market instruments, monitoring portfolios against mandates, Investment Policy Statements and CMA investment limits, supporting fund valuation, trade execution and investment committee papers, and preparing client, Board and Trustee reports.

Key responsibilities

• Research and analysis: carry out macroeconomic, interest-rate, issuer and company analysis on government and corporate bonds, equities and money market instruments to support investment recommendations.
• Build and maintain financial, valuation, yield and pricing models for securities in the portfolios.
• Track market developments such as Treasury auctions and secondary market activity, and prepare regular market updates.
• Monitor unit trusts and segregated mandates against mandates, IPS and CMA limits, flagging and escalating breaches.
• Track asset allocation, liquidity, duration, concentration and benchmark performance, recommending rebalancing where needed.
• Support daily fund valuation and pricing, and reconcile positions and valuations with the custodian and fund administration teams.
• Support trade execution, including preparing trade instructions, obtaining approvals and confirming settlement with brokers, counterparties and the custodian.
• Prepare investment committee papers, investment proposals and portfolio reviews.
• Prepare and coordinate client reports, fund fact sheets and Board and Trustee reports, and respond to client and Trustee queries.
• Maintain investment records and support internal, external and regulatory audits and CMA returns.

Required profile

• Bachelor's degree in Finance, Economics, Accounting, Business, Actuarial Science, Statistics or a related field.
• Progress towards the CFA (or an equivalent professional qualification such as ACCA or CPA).
• Eligibility for licensing by the Capital Markets Authority (CMA) Uganda.
• 3-5 years' experience in investment analysis, fund or asset management, treasury, securities brokerage or a related financial services role.
• Good understanding of fixed income, equity and money market instruments, the Uganda capital markets and the CMA framework for collective investment schemes.
• Ability to analyse financial statements and build financial and valuation models; institutional funds management experience is an advantage.
• Strong attention to detail, integrity, excellent written and verbal communication, and ability to work under pressure and independently.

Required skills

• Financial and valuation modelling
• Strong Microsoft Office skills, particularly Excel