Research Analyst

ROLE DESCRIPTION

Job Title

Research Analyst

Job Grade

Associate

Business Location

Lagos, Nigeria

Full/Part Time

Full Time

Reporting Line

Head, Research and Strategy

Language requirements

English

Required No. of Candidates for the Role

1

 

Job Purpose

Cordros Securities Limited needs an experienced Research Analyst in the firm who is responsible for producing research reports which analyze data related to financial markets, and make recommendations for internal and external clients of the business. A Research Analyst is quantitative, analytical, logical, and good at managing numbers and data.

Objectives of this role:

1. To provide high-quality, actionable equity research through in-depth financial analysis and well-supported investment recommendations that guide portfolio decisions.
2. To develop and maintain accurate financial models and deliver timely research reports, ensuring alignment with market trends and client needs.
3. To build strong relationships with stakeholders including company management and institutional investors, to enhance research insights and support informed investment strategies.

Responsibilities   

•  Conduct in-depth financial analysis of companies by evaluating financial statements, earnings reports, and key performance indicators to assess overall business health and trends.
• Build and maintain complex financial models to project company performance, including revenue growth, earnings, and cash flow forecasts.
• Perform comprehensive industry research by staying up-to-date with market conditions, sector developments, and macroeconomic factors affecting industry outlook.
• Prepare and publish detailed equity research reports with actionable investment recommendations (buy, hold, sell) based on thorough company analysis and valuation.
• Monitor relevant market news and events that may impact companies under coverage, providing timely updates and insights.
• Present findings and investment recommendations to internal and external stakeholders, including institutional investors and portfolio managers.
• Collaborate with investment teams to provide research-based insights for informed decision-making on portfolio strategies.
•  Engage with company management by attending earnings calls, meetings, and conferences to gather key insights and enhance research depth.
• Participate in the company’s roadshows, conference calls, and telemarketing.
• Perform other related duties or tasks as may be required

Job Requirements

Education 

• A Bachelor’s Degree in Finance, Business Administration, Economics, or a related field. Also, possession of relevant professional qualifications such as CFA, ACA, ACCA, CIS and other relevant certifications, or identifiable progress in pursuit of these certifications will be an added advantage.

Work Experience

• Minimum of three years’ work experience in Economic and Financial Research within the Capital Market.

Key Knowledge and Skills    

Knowledge
The incumbent must have proficiency knowledge in the following areas:

• Must be able to handle a fast-paced environment and be able to make informed split-second decisions.
• Good knowledge of Microsoft office suites.

Skills
The incumbent must demonstrate the following skills:

• Excellent analytical, evaluative, and problem-solving abilities
• Ability to multitask and manage time effectively. 
• Good analytical skills.
• Ability to work under pressure and take initiative.
• Results driven.

Behavioral Attributes

• Adaptable, flexible, and able to thrive on challenges whilst handling a multitude of tasks and responsibilities. 
• Self-motivated with drive, energy and initiative. 
• Integrity, honesty and total commitment to the requirement to maintain client confidentiality. 
• Demonstrable interest in local and international finance, economics and politics 
• A team player, who is willing and able to assist the team in meeting and exceeding its objectives. 

 
Working Relationships    

Internal
Traders, Investment Management Team, Sales Team, and other departments. Business Heads and Head of departments of the Cordros Group.

External
Clients.

Work Cycle    

Hours/Days the incumbent is required to work
•    Monday – Friday (8:00 am – 5:00 pm)
•    Flexible working schedule is also available i.e. remote work

Physical Requirements        

                              None    Moderate    Extensive
Lifting Required       X           
Computer use                                           X