Job Overview
Manager Market Research & Financial Analytics at CRDB Bank
Position: Manager Market Research & Financial Analytics
CRDB Bank PLC
Location: Tanzania Head Office
CRDB Bank PLC is currently seeking a qualified candidate to fill the position of Manager Market Research & Financial Analytics
Job Purpose
Monitor financial news using specialist media sources; analyse/understand and summarize data on companies, industry sectors, etc.; and conduct research with subject matter experts as required and keep the Bank informed on opportunities available in the market, customer needs, trends and market intelligence to ensure the bank utilizes all opportunities arising in the Capital market and spot factors which impact the competitiveness of the products.
Principle Responsibilities
- Provide various analyses and investment guidance on various opportunities available in our markets (EAC & SADC).
- Engage in development, preparation, implementation and delivery of Capital Markets business strategic plans.
- Prepare East Africa and SADC Equity and Fixed income Research Reports and present results to clients and management.
- Conduct research and create specific financial models to enhance business development.
- Provision of Updates to the business development team, dealing and trading team about the latest news in the financial sector.
- Read periodical and or annual financial statements and keep the Bank informed on opportunities available in the market.
- Preparation of periodic financial Results Update – results summary, expectation and performance against those expectations, updating forecasts etc.
- Participate in investors meetings and interact with other stakeholders in the market and provide insight on market outlook at large when undertaking any advisory.
- Write important industry event updates like conferences or management meeting updates.
- Maintain accurate and timely documentation of all research performed including proper documentation.
- Updating the financial model, verifying the data and preparing the valuation models.
- Working on various client enquiries like request of data, or industry analysis etc.
- Work with team on ideas generation.
- Creation and maintenance of the industry/sector/company database, charts, graphs and financial models.
- Contribute to drafting of investment documents (prospectus and information memoranda, etc.).
- Undertake valuation of financial instruments.
- Prepare daily, weekly, Monthly, Quarterly, Semi- Annual and Annual Market Report.
- Convert complex data and findings into understandable tables, graphs, and written reports.
- Prepare informed reports to assist the bank monitor client asset servicing functions to ensure that client obtain their corporate entitlements timely for future investment decisions.
- Serve as one-point telephonic contact to customers on banking solutions.
- Advise bank customers on financial investments and opportunities.
- Champion strategic initiatives such as marketing and training that provide products and services awareness to bank staffs as well as prospective clients.
- Identification of competitive threats and market opportunities, to feed into product strategy ensuring the bank is informed and tapping all opportunities available in Capital Market.
- Keep track of the changing trends in business processes, ensuing competition and new & changing regulatory policies to protect investors’ interests.
- Conduct research, study, evaluate and initiate capital expenditure models and other business development models and procedures.
Talent Management
- Identify, motivate and retain top talents.
- Build talents and teams for the Bank by creating a culture of meritocracy, transparency, and celebrating excellence, initiative and courage.
- Provides hands-on leadership, coaching, and development on all aspects needed to achieve successful performance including Custodial services management and customer retention.
- Monitors Capital market team performance provides appropriate mentorship, recognition and feedback.
- Set appropriate tone and expectation from the team and work in collaboration with risk and control partners.
- Lead through example and build the appropriate culture and values.
Qualifications Required
- Certified by CMSA and have attended and successfully completed Securities Industry Certification
- Course provided by Chartered Institute for Securities & Investment
- Bachelor’s degree in Banking and Finance, Accounting, Commerce, Economics, Business
- Administration or related fields.
- 3- 5 years of experience with a Successful performance record as a Financial Markets Research Analyst.
- Depth in a structured Sales process involving the understanding of a customer’s situation and problems with it and the provision of a structural solution based on the customer’s need and the Bank’s product offering.
- Strong network of Retail and Institutional Investors both local and foreign.
- Knowledge of the general banking environment with regards to legal issues, industrial changes, competitor awareness, etc.
- Good liaison with domestic and foreign institutions, insurance companies and Regulators.
- The ability to make good business decisions is critical to assessing risk.
- Knowledge of the Financial Markets environment with regards to Market opportunities, legal issues, industrial changes, competitor awareness, etc.
- Marketing of capital market products to domestic and foreign institutional investors.
- Understanding of the historical business trends and future business prospects.
Good presentation and reporting skills i.e financial report writing.
CRDB Bank is dedicated to upholding Sustainability and ESG practices and encourage applicants who share this commitment. The Bank also promotes an inclusive workplace, hence applications from women and individuals with disabilities are encouraged.
It is important to note that CRDB Bank does not charge any fees for the application or recruitment process, and any requests for payment should be disregarded as they do not represent the bank’s practices.
Only Shortlisted Candidates will be Contacted.
Deadline: 2024-09-18
How to Apply:
To submit your application, please follow the link provided below.