Stanbic IBTC Bank Nigeria recruits Credit Research Analyst

Job Description

Credit Research Analyst
Job ID8784
Location Nigeria
Division Investment Banking
Position Category Advisory
Employment Type Full Time – Permanent
Shift No
Regulatory Approval Yes
Post Closing DateMay 25, 2012

Division Proposition
We know that success in competitive global markets relies on a clear focus, exceptional talent, a strong team ethic, and a hunger for innovation. Our investment banking division provides a challenging environment with significant opportunities for growth and the rewards that accompany market-leading success.
If you are a Credit Research Analyst professional who can clearly demonstrate a strong entrepreneurial spirit combined with a highly developed ability to analyse and interpret market data, then we want to hear from you.
Position Description
Main Purpose of the Job
To take responsibility for coverage of corporate and sub-national entities in Nigeria that issue securities carrying credit risk such as Commercial Paper, Corporate and Sub-national Bonds. The candidate will form and maintain a view on the credit quality of designated issuers, produce written research and communicate with internal and external clients on the names

• Conduct financial analysis on designated corporate and sub-national entities issuing relevant securities
• Develop/maintain opinions on the credit strength of designated companies and state governments, based on quantitative and qualitative analysis and make investment recommendations
• Produce timely, commercially relevant research , both maintenance and thematic on the relevant names/sectors
• Communicate opinions in writing and orally to Buy Side analysts and portfolio managers as well as Sales and Sales Trading in relevant geographies (Lagos, London, NY and JHB)
• Work with Head of CIB Research to develop the research franchise for the sector with external and internal clients
• Develop relationships with key personnel within corporates to enable access to information for research purposes as well as investor access
• Support new issuance from the Stanbic IBTC DCM business franchise

Key Performance Measures

• Volume of output: Consistent production of timely, commercially relevant research
• Build research franchise: Frequency of client interaction and client requests
• Effectiveness of client interaction: Feedback from internal and external clients (sales, sales trading, IB as appropriate)
• Corporate Access

Key Dimensions of the Job

• Develop/maintain opinions on designated companies based on quantitative and qualitative analysis
• Communicate opinions in writing and orally to Buy Side analysts and portfolio managers as well as Sales and Trading in relevant geographies (Lagos, London, NY and JHB)
• Working to deadlines on both bespoke and periodic research
• Respond in a timely manner to newsflow, using the appropriate channels and in accordance with compliance guidelines
• Supporting Investment banking with data for your sector as required
• Develop relationships with key personnel within corporates to enable access to information for research purposes as well as investor access

Important Relationships

• External clients – Buyside analysts and fund managers domestically and internationally
Internal Clients:
• Sales in Nigeria, London, NY and SA
• Team members
• Investment Banking – DCM
• Editorial
• Compliance
Required Skills and Qualifications
Problem Solving

• Must be able to make defendable judgments on at times limited quantitative information
• Must show initiative with respect to the development of the research franchise for the sector
• Must be able to respond to conflict with maturity as there are several stakeholders with at times incongruent interests
Planning

• Must be able to consider the critical path of a research document and work backwards to plan appropriately
• Must be able to plan for research product for 6-12 months in advance

Decision making

• Must be able to quickly interpret the implications of market developments and newsflow and decide upon the relevance of such developments on the valuation of the company
Required Competencies
Knowledge

•Bachelor’s degree in Finance/Accounting discipline or at least CFA level 1
• Knowledge of the Nigerian financial markets or Emerging Market/Frontier Market experience
• Strong MS Office Skills, esp Excel, Word and Powerpoint
• Knowledge of Bloomberg useful
•

Experience

• 3-5 years experience in equity research on either the buy side or the sell side in a ‘non-financials sector’
• Track record of effective communication of ideas

Personal Competencies

• Strong written and oral communication skills
• Ability to think independently yet work within a team and learn from peers
• Ability to work accurately under pressure
• Attention to detail
• Self Motivated
• Flexible – the business demands may require changes at short notice
• Strong interpersonal skills
• Focused on outcomes despite at times long lead times

Click here to Apply for Job

Job Categories: Uncategorized. Job Tags: Bank, Credit Research Analyst, IBTC, nigeria, recruits, research, Research Analyst, and sector.

Apply for this Job