The person must have sufficient and sound knowledge of the financial market including equities, fixed income and macroeconomic research and should have at least 7 years relevant experience on the same role.This role requires a strong background in quantitative and qualitative data analysis, financial analysis and valuation, forecasting, strong project management and communication skills

Responsibilities

• Coordinate Equities Research and Strategies within the team including the supervision and training of Junior Analysts
• Active Coverage of the Banking sector and at least a non-bank sector preferably insurance or Oil and gas sector.
• Coordinate weekly market report generation, review and publication
• Supervise younger analyst and provide administrative assistance to the head of research
• Direct and develop curriculum for Annual Research Training Series
• Monitor and Advise the Asset Management Team on of the firm on its mutual funds – equity and fixed income as well as other products such as the Exchange Traded Funds (ETF).
• Advise and Provide Market Intelligence to Brokerage Clients including periodic investment recommendations. This does not preclude making presentations to HNIs and institutional clients
• Provide Research support to client relationship officers to boost business development
• Effective coverage of the primary (banking) and secondary (non-banking) sectors assigned including fixing meetings with Management of the companies as the need arises.
• Ensuring the safe custody and update of the Research database and time to time servicing of the financial models
• Providing research support for business units – securities trading, investment banking and asset management as well as any other business concerns of the Afrinvest Group.
• Carrying out research on general economic dynamics and sectional/industry report.
• Gathering, collating and updating of company’s research database
• Idea generation for periodic flash notes on the economy and financial market as the need arises.
• Providing research support to the development and implementation of the company’s strategic and operational plans with research intelligence on industry trends and market dynamics.
• Preparing quarterly flash notes on company’s quarterly releases and reviewing valuation models and assumptions as at when due.
• Comprehensive analytical review, forecast of financial statements, creating financial models using electronic spreadsheet and training new Analysts on valuation and financial models
• Participation in the writing, vetting, quality control and presentation of all reports within the team

Minimum qualification and Experience

• Bachelor’s degree in Economics, Finance, Accounting, Business Administration, Mathematics, Engineering or other related fields from a recognized University;
• Master’s degree/MBA or its equivalents as well as professional certification will be an added advantage.
• ACA/CFA certificate desired
• At least 7 years as an Investment Research Analyst with specific hands-on experience in equity research, fixed income, macroeconomic research, technical analysis etc.

Required Skills and Knowledge

• High numeracy and outstanding of financial analysis and modelling skills
• Sound knowledge of financial modelling, valuation methodologies including Discounted Cash Flow (DCF) valuation, Dividend Discount Model (DDM), Residual Income Model (RIM), Relative Valuation Multiples etc.
• Experience in conducting and preparing equity research report from a buy-side/sell-side perspective and making investment recommendation useful to both internal and external retail, HNIs and institutional clients.
• Very strong knowledge of the fixed income market dynamics and valuation as well as factors driving yield and price movements for both local currency and fixed income market
• An expert understanding of quantitative and qualitative research methods, especially using financial ratios and valuation multiples
• Strong technical economics skills, specifically in relation to quantitative and statistical analysis.
• Ability to analyse and draw reasonable inferences from the analyses of financial and economic data
• Sound experience in preparing flagship reports including sector reports, strategic tailor-made research reports and Annual Economic and Financial Market Outlook report amongst others.
• Ability to present research findings and/or viewpoints in an articulate and intelligent manner to varying stakeholders including clients, senior management and the Board
• Strong communication skills, business writing skills and presentation skills
• Stout entrepreneurial work ethics, leadership and people management skills
• Ability to work independently and motivate other team members to deliver superlative result irrespective of the time or resource constraints
• Management experience (Experience leading a team)