Head of Institutional Investments

About the role

Old Mutual is recruiting a Head of Institutional Investments for Symmetry, based in Pinelands. The role leads the investment leadership, portfolio construction and investment outcomes of Symmetry's institutional multi-managed solutions, and acts as the senior investment representative to institutional clients, trustees, asset consultants and strategic partners. It combines investment accountability with commercial growth, working closely with Product, Distribution and Investment Servicing.

Key responsibilities

• Provide investment leadership and accountability for the institutional multi-managed portfolio range, owning investment positioning and outcomes within approved mandates and governance.
• Lead portfolio construction across multi-manager solutions, translating asset allocation research into positions suited to each portfolio's objectives, risk budget and constraints.
• Assess portfolio risks, diversification, liquidity and implementation issues, and oversee risk management, rebalancing and material changes.
• Work with Manager Research on manager selection, sizing and replacement, using active, passive, local and global strategies where appropriate.
• Hold portfolios to client mandates, regulatory requirements and fiduciary obligations, and lead investment governance forums.
• Represent Symmetry to institutional clients, boards of trustees and consultants, leading report-backs, tenders and pitches.
• Partner with Product, Distribution and Investment Servicing to originate and win new institutional business, retain clients and grow assets under management, while protecting investment judgement.
• Lead and develop the institutional portfolio management team, building a high-performance, collaborative culture.

Required profile

• A relevant postgraduate qualification in Investments, Finance, Economics, Actuarial Science, Mathematics or a related discipline.
• A recognised professional investment qualification such as CFA, CAIA, actuarial qualification or CA(SA) is strongly preferred.
• At least 15 years of relevant investment experience, with substantial experience in institutional investment management, multi-management, investment consulting or portfolio solutions.
• Demonstrated responsibility for constructing and managing multi-asset and/or multi-manager portfolios.