Head of Research at Investment One Financial Services

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)