Investment Analyst at Elvaridah

Role Overview

• The Capital Market Analyst will be responsible for conducting research, monitoring markets, and identifying investment opportunities across both equities and fixed income instruments. The role also requires ensuring that all activities comply with Securities and Exchange Commission (SEC Nigeria) regulations, as well as internal compliance policies. The associate will play a key role in portfolio monitoring, execution support, and providing investment recommendations to management.

Key Responsibilities

Equities & Fixed Income Analysis

• Analyse equity and fixed income holdings using VaR and risk dashboards to monitor market movements, risks, and opportunities.
• Provide actionable recommendations to management on portfolio positioning, buy/sell decisions, and risk management strategies.
• Conduct daily Mark-to-Market valuations of equity and fixed income positions to ensure accurate portfolio valuation.
• Monitor macroeconomic trends, central bank policies, and regulatory changes affecting equities and fixed income markets.
• Identify and recommend profitable investment opportunities in the primary and secondary markets (bonds, T-bills, equities).

Market Data Management

• Maintain and update Primary and Secondary Market Data Banks, including auction results, pricing, and yield curves.
• Provide daily updates of stock prices, corporate actions, and market releases (earnings, reports, etc.) to aid portfolio construction.

Trade Support & Documentation

• Record and reconcile trades by maintaining accurate trade slips and blotters.
• Ensure timely reporting and reconciliation of trades in line with internal controls and regulatory requirements.

Regulatory Compliance

• Ensure all activities comply with SEC Nigeria rules and guidelines on equity and fixed income investments.
• Prepare and assist with SEC filings (monthly, quarterly, and annual returns, compliance certificates, and disclosures).
• Monitor compliance with Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT) requirements for investment transactions.
• Support internal and external audits and regulatory inspections, providing accurate records and reports.

Training & Capacity Development

• Mentor and train analysts and interns on market analysis, valuation models (CAPM, DCF, yield curve pricing), and trading processes.
• Promote a culture of compliance, integrity, and analytical excellence across the team.

Academic & Professional Requirements

• Bachelor’s degree in finance, Economics, Accounting, Business Administration, or related field (master’s degree is an advantage).
• Professional Certifications: At least one of CFA, ACA/ICAN, CIS, ACI or similar is highly desirable.
• Strong knowledge of financial markets, fixed income instruments, equities, and portfolio management.
• Familiarity with SEC Nigeria rules, NSE regulations, and CBN guidelines governing investment and trading activities.
• Advanced skills in Excel, Bloomberg, or other financial modelling tools.
• Excellent analytical, quantitative, and communication skills.

Core Competencies

• Investment analysis and valuation skills (equity & fixed income).
• Strong regulatory compliance knowledge and attention to detail.
• Ability to manage and reconcile large volumes of data and transactions.
• High ethical standards, integrity, and professionalism.