Vacancies at Standard Investment Bank

Banking Jobs, Jobs in Kenya, Global Markets Jobs,

Financial Advisor, Islamic Investment Banking

Job Overview:

To cater for our Muslim clients and other ethical investors, Standard Investment Bank through its Islamic Investment Banking window, SIB Najah is seeking an experienced and knowledgeable Financial Advisor to join our dynamic team. The ideal candidate will have a strong understanding of Islamic finance principles and regulations, coupled with excellent financial advisory skills. The primary responsibility of this role is to provide tailored investment advice and financial planning services that align with Shariah guidelines and meet the unique needs of our clients.

Key Responsibilities:

• Conduct thorough financial assessments for clients to understand their investment goals, risk tolerance, and financial situation.
• Develop personalized and Shariah-compliant investment strategies that adhere to Islamic financial principles, ensuring they are aligned with the client’s objectives.
• Recommend a diversified portfolio of investment products, such as Sukuk, Islamic funds, equities, and other Shariah-compliant financial instruments.
• Stay updated on the latest developments and trends in Islamic finance and investment markets to provide up-to-date advice.
• Monitor and review client portfolios regularly, making necessary adjustments based on market conditions and changing client circumstances.
• Educate clients about the principles of Shariah-compliant investing and provide guidance on the ethical and social considerations that influence investment decisions.
• Collaborate with internal teams, including research and compliance, to ensure that investment recommendations follow Shariah guidelines and regulations.
• Cultivate and maintain strong client relationships through regular communication, meetings, and proactive engagement.
• Keep accurate records of client interactions, investment decisions, and portfolio performance.
• Participate in business development activities to attract new clients and contribute to the growth of the firm’s Shariah-compliant investment advisory services.

Qualifications:

• Bachelor’s degree in Finance, Economics, Islamic Banking, or a related field. A Master’s degree or relevant certification (e.g., Certified Islamic Finance Executive) is a plus.
• A minimum of 5 years of experience as a Financial Advisor, with a proven track record in Shariah-compliant investment advisory.
• In-depth knowledge of Islamic finance principles, including Shariah-compliant investment instruments and regulations.
• Strong analytical skills to assess financial data and market trends, and the ability to translate these insights into actionable investment strategies.
• Excellent communication and interpersonal skills to build rapport with clients and explain complex financial concepts in an understandable manner.
• Proficiency in financial software and tools for portfolio analysis and investment research.
• Demonstrated ethical and professional behaviour in line with Islamic financial ethics and values.
• Ability to work independently and as part of a team, while managing multiple clients and priorities simultaneously.
• Fluency in Somali and Swahili is a plus, as the role may involve communicating with clients from diverse backgrounds.

Interest Rates Trader – Global Markets

About the Role:

SIB is seeking to hire a highly motivated and experienced Rates Trader who plays a critical role in research, structuring, and execution of trading strategies, managing portfolios, and contributing to the fund’s overall success, with a focus on interest rate markets, including government bonds, interest rate swaps, futures and other related instruments. The rates trader should have a strong understanding of global macroeconomic trends, central bank policy, and yield curve dynamics to deliver consistent alpha within a disciplined risk management framework.

Key Responsibilities:

• Trade Execution
  • Develop, execute, and manage trading strategies across multiple asset classes, including government bonds, interest rate derivatives, currency derivatives, futures, options, swaps, and repo markets in alignment with the fund’s strategy;
  • Optimise trade execution and portfolio structuring to achieve best pricing, return, and liquidity;
  • Manage the operational elements of the Sovereign Debt Desk.
• Risk Management
  • Conduct detailed scenario and sensitivity analysis to evaluate potential outcomes of trades;
  • Managing interest rate and duration risk exposures by implementing hedging strategies and continuously monitoring trading activities to mitigate evolving risks;
  • Adhering to the fund’s risk management framework, ensuring compliance with all limits;
  • Stay informed about market developments, regulatory changes, and industry trends affecting trading activities.
• Market Analysis
  • Monitor and analyze macroeconomic data, central bank policy, inflation trends, and yield curve movements to identify trading opportunities;
  • Provide market insights and strategy ideas to the portfolio management team.
• Portfolio Management
  • Creating daily valuation and exposure reports of FIxed Income and Rates products for the Executive Director, Global Markets;
  • Tactical management of interest rate exposure, duration and curve positioning in the portfolio.
• Research & Strategy Development
  • Develop and implement directional and macro-driven strategies across interest rate markets.
• Technology & Tools
  • Any other duties that may be assigned from time to time by the Executive Director, Global Markets.

Qualifications:

Education:

• Bachelor’s degree in Finance, Economics, Engineering, or related field (Master’s degree CFA certification is a plus

Experience:

• Minimum of 2 years experience trading rates products;
• Deep understanding of global rates markets, yield curves, central bank policy impact, and currency derivatives.

Skills & Competencies:

• Strong skills in research, portfolio construction and optimization, risk management, trade execution and Portfolio Management of government bonds, currency derivatives, and other interest rate products;
• Strong quantitative and analytical skills;
• Excellent decision making skills under pressure, with a disciplined approach to risk management;
• Exceptional communication and interpersonal skills, with the ability to collaborate with team members in a fast-paced environment, and to interact with clients.

Global Markets Dealer/Trader

About the Role:

A highly motivated and experienced Global Markets Dealer who plays a critical role in research, structuring, and execution of trading strategies, managing portfolios, and contributing to the fund’s overall success. The Dealer leverages their market expertise, quantitative skills, and risk management acumen to generate alpha and maximize returns, while maintaining compliance with internal policies and regulatory requirements.

Key Responsibilities:

• Trade Execution
  • Develop, execute, and manage trading strategies across multiple asset classes, including equities, currencies, commodities, and derivatives, in alignment with the fund’s strategy;
  • Maintain a high level of precision and speed to capitalize on market opportunities.
• Risk Management
  • Conduct detailed scenario and sensitivity analysis to evaluate potential outcomes of trades;
  • Managing risk exposures by implementing hedging strategies and continuously monitoring trading activities to mitigate evolving risks;
  • Adhering to the fund’s risk management framework, ensuring compliance with all limits;
  • Stay informed about market developments, regulatory changes, and industry trends affecting trading activities.
• Market Analysis
  • Monitor global financial markets, identifying trading opportunities and emerging trends;
  • Determining market sentiment via research, valuation and data analysis;
  • Provide real-time market commentary and insights to the portfolio management team;
  • Researching, creating and circulating a weekly market review amongst other requested reports;
  • Informing sales staff and financial advisors about market movements and prices.
• Portfolio Management
  • Creating daily valuation and exposure reports for the Executive Director, Global Markets;
  • Collaborate with the portfolio management team to optimise portfolio allocations and achieve target performance metrics while maintaining optimal risk exposure levels.
• Research & Strategy Development
  • Develop and refine quantitative or fundamental trading strategies across multiple asset classes.
• Technology & Tools
  • Formulating, testing and evaluating trading algorithms;
  • Leveraging quantitative models, advanced trading platforms and data analytics tools to enhance efficiency.
• Any other duties that may be assigned from time to time by the Executive Director, Global Markets.

Qualications:

Education:

• Bachelor’s degree in Finance, Economics, Engineering, or related field (Master’s degree or CFA certication is a plus)

Experience:

• Minimum of 2 years work experience in financial services, ideally in Banking or Investments;
• Strong track record of trading in financial instruments, with live trading history for at least the last one year
• Expertise in specific asset classes is an added advantage

Skills & Competencies:

• Strong quantitative and analytical skills;
• Strong skills in research, portfolio construction and optimization, risk management, trade execution and Portfolio Management;
• Excellent decision making skills under pressure, with a disciplined approach to risk management;
• Exceptional communication and interpersonal skills, with the ability to collaborate with team members in a fast-paced environment, and to interact with clients.

Financial Advisor – Global Markets

Job Overview:

An exciting career opportunity is available for Financial Advisors to service the corporate and retail segments of SIB.

The key purpose of this role is to provide professional financial services to our clients within these segments. The successful candidate will be responsible for sourcing, retaining and growing a client base by implementing financial planning solutions in line with the client’s needs.

The successful candidate will be expected to carry out the following duties and responsibilities:

Main duties and responsibilities:

• Providing suitable advice to best fit the needs and requirements for clients.
• Preparing and presenting proposals to existing and potential clients using state of the art financial planning tools
• Meeting clients to understand their financial objectives.
• Explaining complex information relating to Financial Advisory in a clear and effortless way
• Managing, maintaining and building new and existing client relationships
• Growing a client book within the first 24 months and consistently thereafter
• Adhering to compliance, operational procedures and practice management standards
• Staying abreast of product information, performance and industry changes
• Building a sustainable book of clients in the corporate and retail segments of SIB.
• Consistently achieving the allocated Sales Production Target as per a performance scorecard.

Formal Qualifications:

• Bachelor’s degree/Diploma in relevant field
• Relevant Commercial/Financial Tertiary qualification
• CISI Module I and II
• Postgraduate Diploma in Financial Planning Advantageous
• CFP Advantageous

Experience and Knowledge:

• 5 years’ experience in the Financial Services industry in a Sales role within the Asset/Wealth and Investment management spaces
• Knowledge and understanding of the dynamics in allocated market
• Experience and track record in high-performance sales environments
• Knowledge of best practice in Financial Planning and Financial Advisory Services
• Knowledge and understanding of financial planning through meaningful client engagements
• Knowledge of and understanding of the consultative sales methodology
• Experience in application of a defined sales process.

Computer Literacy:

• Proficient in MS Office
• Experience using CRM
• Experience using financial planning toolkits/software

Interpersonal and Intrapersonal Skills:

• Strong sales, interpersonal and business-orientated person with the acumen to build client relationships
• Networking
• Prospecting skills
• Personal Branding
• Social Selling skills
• Virtual Selling Skills
• Consultative Selling skills
• Lifelong Learning
• Self-driven: Able to work independently
• A passion for the financial planning environment
• Relationship management and networking skills
• Able to plan and manage time effectively
• Analytical and numerical skills with the ability to analyze and interpret statistical information
• Impeccable work ethic
• Team-orientated
• Strong presentation skills
• Emotional Intelligence

Industry Background:

• Asset Management
• Commercial banking (Deposit Mobilization)
• Investment Banking
• Real Estate
• Insurance

Employment Type

• Full-time: 100% Commission Structure

Job Functions

• Client Service
• Financial Planning
• Investment Advisory
• Account Management
• Sales

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