Senior Equity Analyst (CFA Level III)

Rory Mackie & Associates; Johannesburg; On-site; ZAR 1,000,000 - 1,800,000; Full time

Job summary

Rory Mackie & Associates in Johannesburg seeks an Equity Analyst to conduct fundamental research and generate investment ideas within an active asset management environment.

The role requires 5–7+ years in equity research, CFA Level III, and strong financial modelling and valuation skills to support portfolio managers and investment theses.

Qualifications

• Bachelor's degree required.
• CFA Level III completed.
• 5–7+ years' equity research experience.
• Advanced financial modelling and valuation skills.
• Strong understanding of financial statements.
• Ability to articulate and defend an investment view.

Responsibilities

• Conduct in-depth fundamental research on listed equities.
• Build and maintain advanced financial models and valuations.
• Generate differentiated investment ideas and actionable recommendations.
• Monitor portfolio holdings and update investment theses.
• Analyse company results, industry trends, and relevant macro developments.
• Engage with company management, sell-side analysts, and industry participants.

Skills

Equity research

Financial modelling

Valuation skills

Investment mindset

Analytical thinking

Investment view articulation

Education

Bachelor's degree

CFA Level III completed

Job description

About the client:

Established in 2019, our client is an independently owned, boutique investment manager, based in Johannesburg. They are deeply committed to delivering superior returns through their rigorous bottom-up valuation methodology which provides deep understanding of every company they invest in. Our client currently manages R40bn of predominantly institutional client money.

The Equity Analyst will conduct fundamental equity research and generate investment ideas to support portfolio managers within an active asset management environment.

Key Responsibilities

• Conduct in-depth fundamental research on listed equities
• Build and maintain advanced financial models and valuations
• Generate differentiated investment ideas and actionable recommendations
• Monitor portfolio holdings and update investment theses
• Analyse company results, industry trends, and relevant macro developments
• Engage with company management, sell-side analysts, and industry participants

Key Requirements

• Bachelor's degree
• CFA Level III completed
• 5-7+ years' experience in equity research
• Strong idea generation capability with a clear investment mindset
• Advanced financial modelling and valuation skills
• Solid understanding of financial statements and accounting
• Ability to clearly articulate and defend an investment view