Chief Investment Officer

Location: Sandton, Johannesburg, South Africa
Industry: Investment Management / Financial Services
Department: Investments
Reports to: Chief Executive Officer / Managing Director
Executive Level: C-Suite

The Chief Investment Officer (CIO) will provide executive leadership and strategic direction for the organisation's investment function, with overall accountability for investment philosophy, asset allocation, portfolio construction, investment performance and governance.

The CIO will lead a high-performing investment team and ensure that investment strategies deliver sustainable, risk-adjusted returns aligned with client mandates, organisational objectives and applicable regulatory requirements.

As a key member of the Executive Committee, the CIO will play a central role in shaping the organisation's overall strategy, strengthening its investment proposition and representing the business with institutional clients, boards, investment committees and other key stakeholders.

• Develop, implement and continuously evolve the organisation's overarching investment strategy and philosophy.

• Provide strategic leadership across asset allocation, portfolio construction, manager selection and investment research.

• Translate macroeconomic, market and industry developments into actionable investment views and portfolio positioning.

• Ensure investment strategies remain aligned with client objectives, risk parameters and long-term return expectations.

• Lead the development of new investment capabilities, products and solutions in response to changing client and market requirements.

• Assume overall accountability for investment performance across relevant portfolios, mandates and/or investment strategies.

• Establish appropriate return, risk and benchmark frameworks.

• Monitor portfolio performance and identify opportunities to enhance investment outcomes.

• Lead investment performance reviews and provide clear analysis of attribution, positioning and investment decisions.

• Ensure disciplined decision-making through clearly defined investment processes.

• Provide leadership regarding strategic and tactical asset allocation.

• Oversee portfolio construction across relevant asset classes, which may include:

• Listed equities

• Fixed income

• Multi-asset portfolios

• Alternative investments

• Private markets

• Property

• Cash and money markets

• Offshore investments

• Ensure appropriate diversification and optimisation of portfolios within agreed risk parameters.

• Evaluate investment opportunities from both a return and risk perspective.

• Establish and maintain a rigorous investment research framework.

• Ensure investment decisions are supported by robust quantitative and qualitative analysis.

• Oversee economic, market, manager, security and asset-class research.

• Encourage independent thinking, intellectual challenge and evidence-based investment decision-making.

• Work closely with Risk, Compliance and Executive Management to maintain effective investment governance.

• Ensure investment activities operate within approved mandates, risk limits and governance frameworks.

• Participate in and/or chair relevant Investment Committees.

• Maintain appropriate oversight of portfolio risk, liquidity, concentration, counter party exposure and market risk.

• Ensure compliance with relevant South African financial services legislation, regulatory requirements and fiduciary responsibilities.

• Lead, mentor and develop senior investment professionals, portfolio managers, analysts and supporting investment teams.

• Build a performance-driven investment culture characterised by…