Who are we?
Sanlam Investment Group The Sanlam Investment Group is uniquely equipped and positioned to deliver on its purpose of empowering generations to be financially confident, secure and prosperous. Through our vast in-house expertise and strategic partner networks, we can access all asset classes across the globe, private and public, actively and passively managed, to develop investment solutions that are in our clients' best interests and have a positive impact on society. Backed by the Sanlam Group's balance sheet, the Sanlam Investment Group has a true competitive advantage in its ability to invest alongside clients, particularly in private markets where impact investing drives the agenda.
The Sanlam Investment Group is one of the largest, most diversified financial services and investment firms in Southern Africa with assets under management and administration of more than R2 trillion. It is a B-BBEE level 1 contributor and one of the largest black-empowered asset managers on the African continent.
Sanlam Alternative Investments (SAI) The purpose of the Sanlam Alternative Investments (SAI) business is to help build the African continent and make a real sustainable difference in the emerging economies in which we operate, aligning to the Sanlam Group's mission of financial inclusion. The SAI business has a broad range of capabilities that include Private Equity, Specialised Finance, Property, Infrastructure, and Partnerships. Sanlam is the biggest non-banking financial institution on the continent, operating in Africa for over 100 years.
What will you do?
The Portfolio Manager will be responsible for portfolio management activities which include the execution of the business strategy and the achievement of financial objectives of the SA Direct Property business and, specifically, the Sanlam Investments (SI) Property Impact Fund, in line with the SAI and SI strategy.
What will make you successful in this role?
Optimisation of the property portfolio composition by providing input into the acquisition, disposal, and refurbishment of properties under management.
Provide input into the strategic planning and management of the SI Property Impact Fund property portfolio by providing input into the short and medium-term objectives to achieve the ideal portfolio composition and size.
Valuation services related to direct property exposure.
Establish and maintain relationships with role players in the property industry, such as developers, brokers, and property owners.
Management of service providers to Sanlam Properties such as the manager appointed to deliver property management services to the property fund.
Performance measurement of portfolio and client reporting.
Grow the portfolio by identifying and evaluating property acquisitions and disposals in line with the strategic objectives of the property portfolio.
Submit and present these investment opportunities to the SI Impact Fund Investment Committee.
Proactively engage and conclude agreements with developers, brokers, attorneys, and other property fund role players in the timeous implementation of growth strategies for the fund.
Engage with property industry experts on conducting financial, legal, and technical due diligence and conducting external valuations during acquisitions, disposals, and ongoing evaluation of opportunities.
Planning and execution of capital expenditure management on individual properties within the portfolio.
Income and expenditure benchmarking and budget approval.
Property life-cycle modelling and monitoring, with appropriate renewal and regeneration initiatives.
Property portfolio specific research and general analysis of the external RSA property industry with regards to national investment supply, geographical growth potential, demographic shifts, and investment trends.
Efficiently manage all fund investors.
Ability to source 3rd party capital and market the fund accordingly, including presenting the fund's investment attributes and related marketing collateral to potential investors.
Contribute and align to the strategy of the SI Property Impact Fund within SAI and SI context.
Collaborate with other businesses within SAI and SI.
Critically evaluate due diligence processes for the business in terms of risk management and provide timely advice on potential risks and conflicts that have been identified.
Participate in a team culture within SA Direct Properties and contribute to maintaining and enhancing SA Direct Properties/the SI Property Impact Fund within SAI and SI context.
Contribute to the growth of the Real Estate pillar.
Drive investment performance through effective asset management, development, and joint-venture collaboration with appropriate industry partners and experts.
Qualification and Experience
BCom, CFA, CA with 2 to 3 years related experience.
Knowledge and Skills
Company research and analysis/fixed interest/alternative investments/property
Investment Industry Knowledge
Investment Modeling
Investment strategies and management of complex investments
Investment monitoring and compliance
Personal Attributes
Plans and aligns - Contributing through others
Manages complexity - Contributing through others
Financial acumen - Contributing through others
Business insight - Contributing through others
Build a successful career with us
We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development, and achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
Core Competencies
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive, and equitable workplace as we believe that these are key components to ensure a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
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