General

Job Description of an Alternative Assets Portfolio Manager in Nigeria

by AweStreet

Job Description of an Alternative Assets Portfolio Manager in Nigeria
Job Title: Alternative Assets Portfolio Manager
Industry: Finance, Asset Management, Investment
Location: Nigeria
Job Summary:
An Alternative Assets Portfolio Manager in Nigeria manages and optimizes alternative investment portfolios, ensuring alignment with clients’ objectives and risk tolerance. 
Key Responsibilities:
Portfolio Management
  1. Develop and implement alternative investment strategies.
  2. Manage and monitor portfolios, ensuring optimal asset allocation.
  3. Rebalance portfolios to maintain risk tolerance.
Research and Due Diligence
  1. Conduct research on alternative assets (private equity, real estate, commodities, etc.).
  2. Evaluate investment opportunities, assessing risk and potential returns.
  3. Perform due diligence on potential investments.
Investment Decision-Making
  1. Make informed investment decisions, considering risk, return, and liquidity.
  2. Collaborate with investment teams to identify opportunities.
Risk Management
  1. Identify and mitigate potential risks in alternative assets.
  2. Develop and implement risk management strategies.
Client Relationship Management
  1. Build and maintain relationships with clients, providing investment guidance.
  2. Understand client objectives, risk tolerance, and financial goals.
Performance Measurement and Reporting
  1. Monitor and evaluate portfolio performance.
  2. Prepare and present performance reports to clients.
Regulatory Compliance
  1. Ensure compliance with Nigerian securities laws and regulations.
  2. Maintain knowledge of industry trends and best practices.
Skills and Qualifications:
  1. Bachelor’s degree in finance, economics, or related fields.
  2. Professional certifications (CFA, CAIA, etc.).
  3. 5-7 years of experience in alternative asset management.
  4. Strong analytical, problem-solving, and communication skills.
Certifications:
  1. Chartered Financial Analyst (CFA)
  2. Chartered Alternative Investment Analyst (CAIA)
  3. Certified Investment Manager (CIM)
  4. Certified Financial Planner (CFP)
Salary Range:
  • Entry-level: ₦5 million – ₦8 million per annum
  • Mid-level: ₦8 million – ₦15 million per annum
  • Senior-level: ₦15 million – ₦30 million per annum
Top Employers:
  1. Asset Management Corporation of Nigeria (AMCON)
  2. Nigerian Stock Exchange (NSE)
  3. Securities and Exchange Commission (SEC)
  4. Investment banks
  5. Alternative asset management firms
  6. Private equity firms
Growth Prospects:
  1. Increasing demand for alternative asset management.
  2. Growing Nigerian economy.
  3. Opportunities for professional development and advancement.
References:
  1. Securities and Exchange Commission (SEC) Nigeria
  2. Nigerian Stock Exchange (NSE)
  3. Asset Management Corporation of Nigeria (AMCON)
  4. CFA Institute
  5. CAIA Association