Duties and Responsibilities
Initiate the development of policy documents such as Investment Strategy, Investment Policy and Interest Declaration and Reserve Allocation Policy;
Conducting actuarial valuations;
Ensuring availability of budgets for investment purposes;
Liaising with consultants to coordinate data collection for actuarial valuation;
Monitoring of the performance of the portfolio, asset allocation and the compliance of the same to laws and regulations;
Analyzing technical specifications for the procurement of investment service providers. This entails the review of contracts;
Coordinating portfolio construction, for example, asset allocation, identification and analysis of new opportunities;
Monitoring cash flows and coordinating the transfer of surplus funds for investment.
Monitoring investment service providers; and
Analyzing invoiced fees and preparing memos seeking approvals where necessary.
Requirements for Appointment
For appointment to this grade, an Officer must have:
Served for a cumulative service period of nine (9) years, three (3) of which must be at the Grade of Senior Investment Officer, PSSF 6 or in comparable position;
Bachelor's Degree in any of the following fields: - Finance, Economics, Actuarial Science, Accounting or related fields from a recognized institution;
Membership to a relevant profession and in good standing; eg CIFA, CFA or relevant professional body
Proficiency in computer applications;
Fulfilled requirements of Chapter 6 of the Constitution; and
Shown merit and ability as reflected in work performance and results.
