Rand Merchant Bank (RMB) Current Job Opportunity – Apply Now!

Posted on :

22 Feb, 2023

Category :

Research Jobs in Nigeria

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. We are recruiting to fill the position below





Job Title: Equity Research Analyst (FMCG Sector)
Location: Lagos
Job Type: Full-time

Job Description:

  • 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 fund.
  • The role requires the candidate to provide equity research coverage for 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.

The successful candidate will be responsible for the following:

  • 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 sector under coverage.
  • Provide in-depth analysis on equities covered to domestic investors and foreign institutional portfolio managers to aid investment decision.
  • 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 presentation 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 team mates and other approved personnel before embarking on a road show.
  • Manage non-deal road show meetings with covered companies and investors.
  • Attend investor conferences, involved in planning RMB’s business and investors, conference 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 M.Sc 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 travels to countries globally.

General Competencies:

  • Self-starter, ready to work in a fast paced, entrepreneurial environment and has an open.
  • Very confident and must possess excellent communication skill as position involves regular 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 class impacts 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 investment choices.
  • Good understanding on research compliance, ethics and engagement between public and side of the business required.

To Apply:
Interested and qualified candidates should send their Application / CV to: rmbn.recruitment@rmb.com.ng using the Job Title as the subject of the mail.

Application Deadline:
Not Specified.


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