Job Description
Role Purpose
- To provide insight and thorough analysis of a company, entity or sector and present this information in a way that is easily understood and usable by investors to decide how to allocate funds.
- The role requires the candidate to provide equity research coverage for the assigned sector(s) in the Nigerian and other sub-Sahara African equity markets as well as offer investment recommendations to investors in these markets, with the aim of ensuring that the assigned sector research coverage is a leading franchise with investors.
Responsibilities
- Build and maintain financial and valuation models of companies in the FMCG sector across the African markets.
- Initiate research coverage on FMCG and any other assigned sectors, producing insightful research reports, regular maintenance research as well as thematic research reports.
- Maintain and build industry database for the sector under coverage.
- Provide in-depth analysis of equities covered to domestic investors and foreign institutional portfolio managers to aid investment decisions.
- Write call notes and present investment recommendations, background and breaking information on covered companies to the equity sales team in order to drive trades.
- Prepare presentations for internal and external use such as for daily market analysis and road shows, as well as teach-ins.
- Commit to a dry-run presentation with teammates and other approved personnel before embarking on a road show.
- Manage non-deal roadshow meetings with covered companies and investors.
- Attend investor conferences and be involved in planning RMB’s business and investors’ conferences and participate in corporate earnings calls of covered companies.
- Have and maintain a good relationship with senior-level executives of sectors being covered or considered for coverage to provide corporate access to RMB’s clients.
- Assist the Head of Research in any other role towards achieving departmental as well as organizational goals.
- Provide inputs in the preparation of the RMBNS monthly trade ideas (stock picks) report.
Qualifications and Experience
- B.Sc in relevant fields. A CFA (completed or in-view), MBA or MSc in Finance could be an added advantage.
- 3 - 6 years experience working as a sell-side analyst in a reputable brokerage firm in Africa.
- Must have a valid travel passport and must not have restrictions on travel to countries globally.
Competencies / Skill:
- Self-starter, ready to work in a fast-paced, entrepreneurial environment and has an open mind.
- Very confident and must possess excellent communication skills as the position involves regular calls and face-to-face interactions with portfolio managers/investment analysts.
- Strong working relationship with domestic and foreign institutional investors.
- Excellent use of Microsoft Office tools – Excel, PowerPoint, Microsoft, etc.
- Good understanding of financial statement analysis as well as financial and valuation modelling.
- An excellent understanding of the securities markets – understanding how trends in other asset classes impact equities and vice versa.
- Highly analytical in thoughts and approach to data and report writing.
- Ability to interpret data in a meaningful manner and approach that offers clear information regarding investment choices.
- A good understanding of research compliance, ethics and engagement between the public and private sides of the business is required.