Requirements / Person Specifications**

Academic Qualifications****

For appointment to this grade, an officer must have:

• Master’s Degree in any of the following disciplines: Finance, Investment Management, Economics, Accounting, Commerce, Business Administration (Finance Option), Strategic Management, or an equivalent qualification from a recognized and accredited institution.

• Bachelor’s Degree in any of the following disciplines: Finance, Investment Management, Economics, Accounting, Commerce, Business Administration (Finance or Accounting Option), Business Management (Finance Option), or an equivalent qualification from a recognized and accredited institution.

Professional Qualifications****

The officer must have:

• Certified Public Accountant of Kenya (CPA-K) qualification from KASNEB, Certified Investment & Financial analyst (CIFA) from KASNEB or an equivalent qualification from a recognized and accredited institution;

• Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) or an equivalent professional body and in good standing;

• A Management Course lasting not less than four (4) weeks from a recognized and accredited institution;

• Proficiency in computer applications; and

• Fulfilled the requirements of Chapter Six of the Constitution of Kenya.

Experience**

The officer must have:

• At least fifteen (15) years of relevant work experience, three (3) of which must have been in a Assistant Manager position;

• Demonstrable experience in team leadership, investment portfolio management, and engagement with the Board of Directors.

Investment Strategy & Policy

• Formulate, implement, and continuously review investment policies, procedures, and frameworks to support the Corporation’s strategic objectives and long-term financial sustainability.

• Advise Senior Management and the Investment Committee on strategic investment opportunities, portfolio restructuring, and market positioning.

• Ensure alignment of all investment activities with approved risk appetite, regulatory guidelines, and best market practices.

Portfolio Management & Optimization

• Manage the Corporation’s investment portfolio, including acquisition, disposal, restructuring, and rebalancing of assets to maximize returns while maintaining appropriate liquidity and diversification.

• Coordinate short-term and long-term investments across domestic and international markets, including equities, fixed income, property, and alternative investments.

• Oversee due diligence, selection, and management of investment opportunities, fund managers, custodians, and counterparties.

Research, Analysis & Market Intelligence

• Conduct continuous research and analysis of local, regional, and global economic trends, financial markets, and investment opportunities.

• Perform scenario analysis, stress testing, and performance forecasting to support data-driven investment decisions.

• Maintain an up-to-date investment database and portfolio records for effective monitoring and decision-making.

Performance Reporting & Governance

• Oversee preparation of timely and accurate investment performance reports, schedules, and dashboards for Management, the Investment Committee, and the Board.

• Prepare departmental budgets, investment forecasts, procurement plans, work plans, and performance contracts.

• Ensure strong corporate governance, internal controls, and compliance with all regulatory and statutory requirements.

Risk Management & Compliance

• Identify, monitor, and mitigate investment risks through robust controls, diversification strategies, and regular stress testing.

• Monitor the performance of investment counterparties and service providers to ensure compliance and optimal results.

• Implement audit recommendations and continuously strengthen risk management frameworks within the Investments function.

Leadership & Team Development

• Provide strategic leadership, supervision, mentorship, performance appraisal, and professional development to staff in the Investments department.

• Promote a culture of professionalism, innovation, accountability, and service excellence.

• Perform any other duties as may be assigned from time to time.