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Job Description
A vacancy has arisen for a Head of Property Investments for Old Mutual Property also known as Old Mutual Real Estate Holdings Company (OMREHC) (Pty) Ltd.
Who is Old Mutual Property:
Old Mutual Property is a South African based unlisted property fund. We are passionate about property and actively manage a diversified portfolio of R24 billion, both locally and internationally. We directly own around 1 million square metres of gross lettable area, half of which is in super regional and other retail centres in South Africa. Our flagship property is Gateway Theatre of Shopping, in Umhlanga, KwaZulu-Natal.
Investment Strategy Development:
- Develop and implement the organisation’s long-term investment strategy.
- Evaluate and recommend investment opportunities across various asset classes (within Property – SA and Offshore).
- Align investment strategy with the organisation’s financial goals, risk appetite, and regulatory requirements.
- Capital raising from external clients into various portfolios.
- Assist the CEO in strategic matters.
Portfolio Management:
- Oversee the management of the organisation’s investment portfolio, ensuring optimal asset allocation and risk management.
- Monitor and analyse portfolio performance, making adjustments as necessary to achieve desired outcomes.
- Ensure diversification of the investment portfolio to mitigate risk and enhance returns.
Leadership and Team Management:
- Lead and mentor a team of investment professionals, fostering a culture of excellence, collaboration, and continuous improvement.
- Provide strategic direction and guidance to the investment team.
- Oversee the recruitment, training, and development of investment staff.
- Mentor and develop junior staff.
Stakeholder Engagement:
- Communicate investment performance and strategy to the executive team, board of directors, and other key stakeholders.
- Collaborate with other departments, such as finance, legal, and compliance, to support the organisation’s overall objectives.
- Represent the organisation in external meetings, Boards, conferences, and industry events.
- Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders.
- Give strategic advice and report results and findings to committee and board members.
Innovation and Continuous Improvement:
- Stay abreast of new investment products, technologies, and industry best practices.
- Identify and implement innovative investment solutions to enhance portfolio performance and operational efficiency.
- Drive continuous improvement in investment processes, reporting, and decision-making.
Job Requirements:
- Bachelor’s degree in finance, Economics, Business, or a related field. A master’s degree or CFA designation is advantageous.
- Real Estate Industry experience preferable (5+ years).
- Minimum of 10-15 years of experience in investment management, with a strong track record in leading investment strategies and managing portfolios.
- In-depth knowledge of financial markets, asset classes, and investment strategies.
- Proven leadership and team management skills, with the ability to inspire and guide a high-performing team.
- Strong analytical and quantitative skills, with the ability to make data-driven investment decisions.
- Excellent communication and presentation skills, with the ability to articulate complex investment concepts to non-technical stakeholders.
- High level of integrity, professionalism, and commitment to ethical standards.
- Record of successful delivery.
Closing Date: 18 September 2024
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.
All prospective employees are required to disclose their vaccination status as part of the recruitment process.
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