JS Investments Limited Jobs October 2023
JS Investments Limited Jobs October 2023:
Position – Assistant Fund Manager – Fixed Income Funds
Reports to – Head of Fixed Income
Location – Karachi
Job Role Summary:
As an Assistant Fund Manager – Fixed Income Funds, you will work closely with the fund managers and with other departments to drive fund performance, compliance, and relationship management with external stakeholders. This will support the management and growth of our investment portfolios.
Key Responsibilities:
- Forecasting interest rates, which includes assessing underlying variables like inflation, currency fluctuations, and current account deficits that have an influence on monetary policy choices.
- Assess macroeconomic factors’ possible effects on the performance of fixed income funds by analyzing them, since this will give you useful information for making decisions.
- Assist in choosing the best asset allocation and securities selection techniques by matching them to the goals, benchmarks, restrictions, and risk profiles of the funds.
- Work with Primary Dealers and Fixed Income Brokers, such as the State Bank of Pakistan (SBP), to get competitive pricing for corporate and governmental securities.
- Maintain a good professional relationship with the banks to secure a better deposit rate across all funds.
- Periodically perform credit evaluations of securities within the portfolio to monitor and control overall credit risk exposure.
- Effectively participate in the auction of Federal Government securities as and when required.
- Monitor and invest cash flows resulting from client subscriptions and redemptions.
Education:
- Bachelor’s or Master’s degree in Finance, Economics, or a related field.
- Candidates pursuing CFA, CA, and ICMA are highly encouraged to apply.
Experience:
- 2 to 3 years of relevant industry experience.
Interested candidates can apply at [email protected] mentioning “Assistant Fund Manager – Fixed Income Funds” in the email subject line.
Position – Head of Research
Reports to – Chief Investment Officer
Location – Karachi
Job Role Summary:
The Head of Research is an important role within our asset management company, responsible for leading and directing the research department. This role plays a pivotal role in developing and implementing research strategies, providing investment recommendations, and optimizing portfolio performance.
Key Responsibilities:
• Leadership, Strategy and Industry Research:
- Develop and implement research strategies that align with the company’s investment objectives and market conditions.
- Define the research agenda, prioritize coverage areas, and allocate resources effectively.
- Lead, manage, and mentor a team of research analysts, ensuring the production of high-quality research reports and investment recommendations.
- Continuously monitor and assess the performance of the AMC industry, identifying key trends, benchmarks, and competitive dynamics.
- Conduct in-depth research into long-term industry and market trends, identifying opportunities and threats that may impact our strategic direction.
- Translate complex data into clear, actionable insights and recommendations that drive strategic initiatives and business growth.
• Valuation and Financial Modeling:
- Prepare detailed financial models and forecasts of future earnings and cash flows to compute the fair value of companies under coverage using various valuation methods such as free cash flow to equity, dividend valuation model, etc.
- Utilize quantitative methods to assess the intrinsic value of assets and securities.
• Market and Sector Analysis:
- Stay up-to-date with macroeconomic fundamentals shaping the economy and have knowledge of the working environment and dynamics of various sectors, including Fertilizers, Power generation, Autos etc.
- Provide comprehensive research coverage on funds under management using proprietary valuation models and disseminate investment recommendations.
• Asset Allocation and Portfolio Optimization:
- Keep track of asset allocation in mutual funds in line with in-house limits, regulatory compliance, market outlook, and investment constraints.
- Develop and implement investment strategies, both quantitative and qualitative, to optimize portfolio performance, considering market conditions, client objectives, and risk parameters.
Education:
• Bachelor’s or Master’s degree in Finance, Economics, or a related field.
• Candidates with CFA, CA, and ICMA qualifications are particularly encouraged to apply.
Experience:
• 5 years of experience in a leadership role within the specific domain of Research.
• Applicants from diverse backgrounds, such as manufacturing, technology, and beyond, are also encouraged to apply, provided they meet the specified qualification criteria.
Interested candidates can apply at [email protected] mentioning “Head of Research” in the email subject line.
Position – Assistant Fund Manager – Equity Funds
Reports to – Head of Equity Funds
Location – Karachi
Job Role Summary:
As an Assistant Fund Manager – Equity Funds, you will work closely with the fund managers and with other departments to drive fund performance, compliance, and relationship management with external stakeholders. This will support the management and growth of our investment portfolios.
Key Responsibilities:
- Collaborate with the Investments team to assess the macroeconomic and political landscape, identifying material developments that may affect fund performance.
- Efficiently allocate funds across equity securities, considering factors such as investment case strength; earnings forecast reliability, price volatility, liquidity, and potential material events.
- Utilize analytical skills, financial models, industry insights, and primary/secondary research to identify undervalued securities that can outperform the fund’s benchmark.
- Establish the best asset allocation methods while accounting for the fund performance goals, benchmarks, restrictions, and risk profiles.
- Exercise prudence and due diligence to ensure the accuracy of information used for investment decisions, minimizing the risk of losses relative to the benchmark.
- Exercise prudence and due diligence and make reasonable attempts to ensure the accuracy of information based on which investment decisions are taken in order to minimize the possibility of losses relative to the benchmark of the fund.
- Maintain independence and objectivity when analyzing asset classes and individual securities, adhering to applicable rules and regulations.
- Ensure investment decisions are aligned with the rules and regulations governing the fund.
Education: Bachelor’s or Master’s degree in Finance, Economics, or a related field.
Candidates pursuing CFA, CA, and ICMA are highly encouraged to apply.
Experience: 2 to 3 years of relevant industry experience.
Interested candidates can apply at [email protected] mentioning “Assistant Fund Manager – Equity Funds” in the email subject line.
