General Manager

The Public Service Superannuation Scheme (PSSS) is hiring a seasoned and results-driven General Manager, Investment to provide executive leadership within its Investment Department. This role presents a rare opportunity for professionals seeking senior investment management careers at PSSS and looking to contribute to the long-term sustainability of pension funds in Kenya’s public sector. The position is ideal for candidates with extensive experience in pension fund investment leadership, portfolio management, and strategic asset allocation.

Key Job Information

• Position: General Manager, Investment
• Reference Number: PSSF/058/2025
• Organization: Public Service Superannuation Scheme (PSSS)
• Department: Investment
• Location: Kenya
• Employment Type: Full-time, Permanent
• Experience Level: Senior Executive / Top Management
• Salary Range: Competitive and commensurate with experience, in line with PSSS guidelines

About the Public Service Superannuation Scheme (PSSS)

The Public Service Superannuation Scheme (PSSS) is a statutory pension scheme established to manage and safeguard retirement benefits for public service employees in Kenya. As a key institution within the public sector, PSSS plays a critical role in national financial stability by ensuring that pension contributions are professionally invested and prudently managed to deliver long-term value for members.

PSSS is recognized for its strong governance framework, accountability, and commitment to compliance with statutory and regulatory requirements. Through disciplined investment management, the Scheme continues to strengthen its position as a leading public sector pension fund. Professionals exploring public sector investment leadership roles and executive pension fund jobs in Kenya will find PSSS to be a stable, purpose-driven organization with significant national impact.

Careers at PSSS offer an opportunity to work at the intersection of public service and institutional investment management, providing exposure to complex asset classes, strategic decision-making, and collaboration with leading fund managers, custodians, and investment advisors.

Job Description

The General Manager, Investment is a senior executive role responsible for overseeing the Fund’s investment portfolio and ensuring optimal returns within approved risk parameters. This position provides strategic direction on portfolio construction, asset allocation, and identification of new investment opportunities, while ensuring full compliance with the Fund’s Investment Policy and risk management framework.

As one of the most senior investment management executive jobs in Kenya’s public sector, the role requires close engagement with external fund managers, internal leadership, and key stakeholders. The successful candidate will guide investment strategy through rigorous research, actuarial insight, and performance monitoring, contributing directly to the financial sustainability of the Public Service Superannuation Scheme.

Key Responsibilities

• Managing the Fund’s portfolio of securities to ensure profitability, stability, and alignment with the Fund’s risk management policy.
• Monitoring and evaluating external Fund Managers to ensure effective implementation and compliance with the Fund’s Investment Policy.
• Coordinating and reviewing presentations by Fund Managers on investment performance, strategy, and market outlook.
• Reviewing investment goals and strategies in collaboration with Fund Managers, Investment Advisors, and Custodians.
• Conducting or overseeing detailed company, sector, and industry research to support financial forecasting and informed investment decisions.
• Undertaking and interpreting actuarial valuations to support long-term pension fund sustainability.
• Ensuring strict adherence to statutory, regulatory, and governance requirements applicable to public sector pension funds.
• Leading portfolio construction and asset allocation strategies across multiple asset classes.
• Identifying, analyzing, and evaluating new investment opportunities that align with the Fund’s objectives.
• Providing executive leadership to the Investment Department and contributing to organization-wide strategic planning.

Required Qualifications

• Bachelor’s Degree in Land Economics, Real Estate, Construction, Planning, or a related field from a recognized institution.
• Master’s Degree in Land Economics, Real Estate, Construction, Planning, or a related field from a recognized institution.
• At least fifteen (15) years of cumulative service, with a minimum of five (5) years at senior management level or in a comparable investment leadership role.
• Leadership Course lasting not less than four (4) weeks from a recognized institution.
• CIFA or CFA finalist status, or an equivalent professional qualification.
• Full membership to CIFA, CFA, or an equivalent professional body in good standing.
• Valid practicing certificate where applicable.
• Proficiency in computer applications and modern investment management systems.
• Fulfillment of the requirements of Chapter Six (6) of the Constitution of Kenya.
• Demonstrated merit, integrity, and strong performance results.

Preferred Qualifications

• Extensive experience managing institutional or pension fund portfolios.
• Strong understanding of capital markets, real estate investments, and alternative assets.
• Proven experience working with external fund managers and custodians.
• Advanced knowledge of actuarial principles and pension fund governance.

Benefits and Compensation

This role offers a competitive executive compensation package aligned with public service standards. Employees benefit from long-term job security, structured career progression, and access to professional development opportunities. For candidates seeking General Manager Investment jobs in Kenya within a stable and impactful institution, PSSS offers a rewarding executive environment.

How to Apply

Qualified professionals interested in this General Manager, Investment vacancy at the Public Service Superannuation Scheme are encouraged to submit their applications. Interested candidates should apply using the Apply Now button below.

This opportunity is well-suited for candidates searching for Public Service Superannuation Scheme careers, senior investment management careers at PSSS, and executive-level public sector investment jobs in Kenya.