Analyst, Equity Research (Mining And Metals)

Standard Bank Of South Africa Limited; Johannesburg; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading financial services group in Johannesburg is seeking a junior analyst for its top-ranked Equity Research Franchise. The role involves assisting in sector coverage, publishing investment ideas, and conducting detailed research in mining and metals. Ideal candidates should possess strong analytical and Excel skills, be self-starters, and thrive in high-pressure environments. This position offers a pathway to advance into a lead analyst role.

Qualifications

• 1-2 years in global markets equity research.
• Experience in mining and metals industry analysis preferred.

Responsibilities

• Publish investment ideas and sector updates regularly.
• Assist the Sector Head in conducting research and updating models.
• Write insightful research reports covering sectors and companies.

Skills

Analytical Skills

Numeracy Skills

Attention to Detail

Creativity

Education

Bachelor's Degree

Tools

Microsoft Excel

Job description

Analyst, Equity Research (Mining and Metals)

Job Overview

Business Segment: 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.

We are a top-rated Research Team since [insert year].

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

Job Purpose

Join a leading, top-ranked, high-energy Equity Research Franchise in a junior analyst role, assisting the lead analyst in sectors such as PGMs, Gold, and Oil and Gas. Develop sector coverage over time with the opportunity to advance into a lead role within the bank. The ideal candidate must have strong numeracy skills, be highly analytical, self-starting, creative, and proficient in developing and presenting views.

Strong Excel skills and attention to detail are critical.

Ability to cope in a high-pressure environment is essential. The role involves guiding client trades and generating a commission stream via the broker's dealing platform.

Responsibilities

• Publish investment ideas, sector updates, and company reports regularly.
• Market investment ideas and organize conferences and corporate access activities.
• Build a network of executive contacts and generate insights to support the bank's primary capital teams.
• Responsible for the bank's PGM commodity forecasts, including global supply/demand modeling and pricing estimates.
• Assist the Sector Head in conducting research, updating models, and sourcing new data.
• Attend roadshows, company results meetings, and site visits.
• Respond to client requests and ensure research content is accurate, marketable, and actionable.
• Write insightful research reports covering sectors and companies.
• Develop skills to initiate coverage of relevant stocks.
• Market investment ideas to domestic and offshore investors through various channels.
• Coordinate with Sales and Trading to optimize idea marketing and execution.
• Proactively share ideas with related functions like ECM, DCM, M&A, and corporate finance.
• Develop and oversee sector coverage and product strategies to grow the research franchise.
• Monitor relevant stocks, current events, and key developments within targeted sectors.
• Ensure consistent quality in research reports and publications.
• Distribute research ideas within CIB functions to generate leads.
• Organize conferences and corporate access activities for client engagement.
• Plan and present analysis to demonstrate the value of research ideas to clients.

Qualifications

• Bachelor's Degree, preferably in engineering or mathematical sciences.
• Experience in mining and metals industry analysis preferred.
• Strong Microsoft Excel skills with financial modeling expertise.
• 1-2 years in global markets equity research.
• 4-6 years of experience as a covering or lead analyst, with client relationship skills.