Research Associate

CAREER OPPORTUNITY

Research & Advisory
Tanzania Securities Limited (TSL) is a CMSA-licensed broker-dealer, fund manager and Dar es Salaam Stock Exchange (DSE) Licensed Dealing Member. As we deepen our research and advisory capability, we are seeking a driven, analytically rigorous Research Associate to help drive our equity research, sector analysis and market-intelligence function, and to contribute directly to advisory mandate origination and deal support.

THE ROLE

Reporting to the Head of Research & Advisory, the Research Associate takes ownership of research coverage for assigned sectors, produces analyst-quality research reports and thematic investment notes, and provides cross-departmental analytical support to Global Markets and Asset & Wealth Management. The role operates with increasing autonomy and is developed toward Senior Research Associate designation.

KEY RESPONSIBILITIES

• Independently develop and maintain earnings, valuation and financial models (DCF, comparables and scenario-based techniques) for assigned sector coverage.
• Produce analyst-quality equity research reports, sector briefs and thematic investment notes, translating fundamental, profitability and macroeconomic analysis into actionable buy/hold/sell recommendations.

• Provide research input for advisory mandates — client pitches, information memoranda, feasibility studies and valuation reports across M&A, IPOs, bond issuances and private placements.

• Present research findings to clients and at investor forums, and maintain local, regional and international investor databases.

• Present at least one thematic research note to management each quarter and ensure full compliance with TSL policies and the CMSA/DSE regulatory framework.