Research Associate

Research Associate at Tanzania Securities Limited (TSL) October 2026

Job Vacancy

Job Description

CAREER OPPORTUNITY

Research Associate

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. Mentor graduate trainees and collaborate with Global Markets, Asset & Wealth Management and Fund Management teams to keep research relevant and timely.

MINIMUM REQUIREMENTS

Bachelor’s degree in Finance, Economics, Business Administration or a related field. 2-3 years’ relevant experience in financial research, investment analysis or capital markets. Strong financial-modelling and quantitative skills, with proficiency in Microsoft Excel, PowerPoint and Word. Excellent written and verbal communication, with the ability to produce publication-standard research. Knowledge of equity and fixed-income markets and an understanding of the CMSA/DSE regulatory environment.

ADDED ADVANTAGE

CFA Level I candidate or registered (Level II/III progression preferred); FMVA or an equivalent financial-modelling certification. Demonstrated valuation experience (DCF, comparables) and a track record of published research and investor communications. Sector specialisation in banking, fund Managers, Stock Brokers etc

How to apply

Submit your application online using the TSL application form: https://forms.gle/uHd1JYMaDFChKUM26.

Application deadline:  Friday, 16 October 2026

For any queries, contact [email protected]. You may also email your CV to [email protected] quoting “Research Associate Application”.

Tanzania Securities Limited  •  2nd Floor Alfa Plaza, Dar es Salaam  •  Tomorrow, Today

TSL is an equal-opportunity employer. Only shortlisted candidates will be contacted. Shortlisting is on rolling basis.

To submit your application, please follow the link provided below.

TAP / CLICK HERE TO APPLY This listing was added to Ajeera on 4 October 2026.