Vacancy: Chief Executive Officer

1. Purpose of the Position

To provide leadership and direction and coordinate all activities of the company in accordance with the goals and objectives of the organization, to safeguard and grow the assets of the organization for future generations while providing sound returns.

2.  Core Dimensions

The incumbent would be accountable to manage costs of the business within approved budget, generate annuity revenue streams and grow funds under management as agreed with the Board.

The incumbent would be required to manage the full staff complement of the business, including four direct subordinates, and six indirect subordinates.

The position leads the BFS NamPro Fund Manager’s Executive Management Team and is a member of the NamPro Fund’s Audit & Risk Committee as well as the Investment Committee.

For business success, the incumbent is required to develop and maintain investor relationships.

3.   Qualifications, Experience, Skills & Competencies

3.1   Qualifications and Experience

The incumbent would require a relevant postgraduate qualification (e.g., CA, CFA, MBA, or similar) with at least 10 years experience in a Finance environment of which at least 3 years should be executive or senior  management level.  The position requires a good track record in people’s management skills and in-depth knowledge and insight into investments.

3.2  Skills and Competencies

• Strategic Thinking

• Financial Administration

• People Management/Interpersonal Skills

• Negotiation Skills and Stakeholder Relationship Building

• The Ability and Skill to raise funds

• Industry knowledge

• Ability to generate pipeline clients

• Computer literacy

• Drivers license

• Ability and willingness to travel

4.         Key Accountabilities

4.1 Assure quality and organizational stability through development and implementation of standards and controls, systems and procedures, and regular evaluation.

4.2 Ensure that the company complies with all applicable legal and regulatory requirements and, where appropriate, best practice.

4.3 Develop and put in place strategic operational plans and budgets that reflect the longer-term objectives and priorities of the board.

4.4 Responsible for setting, consulting on and co-creating NamPro’s short, medium and long-term strategy / business plan with clear targets, milestones and deliverables.

4.5 Oversee, appoint, build and maintain a first class effective management team and to ensure that remuneration packages are appropriate.

4.6 Specify accountabilities for management personnel (whether paid or volunteer) and evaluate performance regularly.

4.7 nspire and manage others to give their highest input to NAMPRO and to uphold its strong shared sense of identity, commitment and co-operation.

4.8 Oversee the management of the fund, enhance the reputation and take appropriate steps to protect the organization from risk.

4.9  Provide relevant information to the board and the chairman in order for the board to assess the performance of the business and the achievement of the agreed strategy and budget.

4.10 Develop and maintain investor relationship to ensure business growth and long term sustainability of the fund.

4.11  Generate and build client base to ensure the objectives of the fund are met.

The position is required to perform a leadership and management function in relation to staff of BFS NamPro Fund Manager’s practices and policies, with such functions to include (but not limited to):

4.12 Manage staff complement, supporting them to set targets and strategies and be accountable for monitoring progress and achievement of set objectives.

4.13 Recruitment, development and retention of a qualified and competent staff

4.14 Provide training and professional development for staff

4.15 Undertake  regular/ periodic evaluations of staff members and constructive guidance to assist in their growth and development 

4.16 Foster an atmosphere of teamwork and cohesiveness within the business.