Analyst, Equity Research (Mining And Metals)

Ananzi; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading financial services group is seeking a Junior Analyst for Equity Research in Johannesburg. The successful candidate will work closely with the lead analyst in sectors like PGMs, Gold, and Oil and Gas. Strong analytical skills and proficiency in Microsoft Excel are crucial. This role offers an opportunity to develop into a lead analyst position within a high-energy team, producing insightful research and market forecasts.

Qualifications

• Bachelor’s Degree, preferably in engineering or mathematical sciences.
• 1-2 years of experience preferred in equity research.
• Strong Microsoft Excel skills with advanced financial modelling.

Responsibilities

• Responsible for broader bank's PGM commodity forecasts and pricing estimates.
• Write insightful and impactful research producing sector and company notes.
• Develop skills to initiate coverage of relevant stocks in allocated sectors.

Skills

Strong numeracy

Analytical skills

Creative thinking

Presentation skills

Microsoft Excel

Education

Bachelor’s Degree in Mathematical Sciences or Engineering

Tools

Advanced financial modelling and analysis

Job description

Job Overview

Analyst, Equity Research (Mining and Metals) – Corporate & Investment Banking

Location: ZA, GP, Johannesburg, Baker Street 30

SBG Securities is a wholly owned subsidiary of Standard Bank Group, assisting institutional and retail clients in research and trading across 17 African markets.

Standard Bank is an Africa-focused financial services group, and an innovative player on the global stage, offering a variety of career-enhancing opportunities.

Job Purpose

To join a leading, top-ranked, high-energy Equity Research Franchise in a junior analyst role, assisting the lead analyst in the sectors of PGMs, Gold and Oil and Gas. Develop sector coverage over time with the opportunity to develop into a lead role within the bank.

Strong numeracy, analytical, self-starting, creative, and presentation skills are essential. Good Excel skills and attention to detail are critical. Working in a high-pressure environment will be essential.

Essential Functions

• Responsible for broader bank's PGM commodity forecasts, requiring global supply & demand modelling and pricing estimates.
• Assist the Sector Head in conducting new and innovative research, updating and maintaining models, and sourcing new data sets.
• Attend roadshows, company results, corporate meetings and site visits with the Sector Head.
• Respond to bespoke and ad-hoc client requests.
• Oversee day-to-day activities of the research department, ensuring accuracy and marketable content.
• Write insightful and impactful research producing a product suite of sector and company notes, thematic and periodic publications, news-flow comments.
• Develop skills to initiate coverage of relevant stocks in the allocated sectors.
• Market investment ideas to domestic and offshore global investors through road-show meetings, conference calls, and tele-marketing.
• Collaborate with Sales and Trading within compliance to optimise marketing and execution of investment ideas.
• Proactively pass commercial ideas to ECM, DCM, M&A and broader corporate finance functions.
• Develop sector coverage and product strategy to grow a leading research franchise.
• Oversee coverage of relevant stocks, maintain up-to-date market data, identify key developments.
• Oversee development of commercial and differentiated research reports and monitor analysis quality.
• Distribute research product to counterparts in CIB for lead generation.
• Organise conferencing and corporate access calendars to link executives and investment managers.
• Present analysis to enhance the value of CIB Equity Research ideas to clients.

Qualifications

• Bachelor’s Degree, preferably in engineering or mathematical sciences.
• Field of study: Mathematical Sciences, Mining.
• 1-2 years of experience preferred.
• Strong Microsoft Excel skills with advanced financial modelling and analysis (3-4 years).
• Experience as a covering or lead analyst on individual equities, ability to develop client relationships (4-6 years).
• Seasoned asset management and sector experience for assessing investment opportunities within a specific sector universe.

The role is based in Cape Town or Johannesburg offices.