Tanzania Securities Limited (TSL) is inviting applications from qualified and experienced professionals for the position of Senior Research & Advisory Associate in its Research & Advisory Department. The role combines investment research, corporate finance advisory, transaction execution, financial modelling and client engagement.
This opportunity is particularly suitable for professionals with experience in investment research, corporate finance, advisory, stockbroking, asset management or capital markets.
Job Details
- Organization: Tanzania Securities Limited (TSL)
- Job Title: Senior Research & Advisory Associate
- Department: Research & Advisory
- Reports To: Head of Research & Advisory
- Location: Dar es Salaam, Tanzania
- Employment Type: Full-time
- Experience: 3–5 years
- Application Deadline: 14 August 2026
About Tanzania Securities Limited
Tanzania Securities Limited (TSL) is a leading financial services company in Tanzania, licensed by the Capital Markets and Securities Authority (CMSA) as a broker-dealer, fund manager and investment adviser.
TSL is also a Licensed Dealing Member (LDM) of the Dar es Salaam Stock Exchange (DSE) and an approved primary dealer of Government Securities. The company is pursuing a strategic goal of becoming a leading investment banking institution in Tanzania.
Job Overview
Reporting to the Head of Research & Advisory, the Senior Research & Advisory Associate will have a dual mandate covering corporate advisory transaction execution and investment research.
The successful candidate will work across TSL’s Global Markets, Asset & Wealth Management and Corporate Advisory functions. The position involves supporting major transactions, developing investment research, conducting financial analysis and valuations, and engaging with corporate and institutional clients.
Key Responsibilities
Advisory and Transaction Execution
The Senior Research & Advisory Associate will:
- Lead and support corporate advisory mandates involving IPOs, bond issuances, private placements, loan syndications, mergers and acquisitions, and corporate restructuring.
- Prepare professional pitch books, Information Memorandums, transaction teasers and investor presentations.
- Conduct financial due diligence for client engagements.
- Perform business valuation and deal-structuring analysis.
- Build and maintain relationships with corporate clients, institutional investors and strategic partners.
- Support corporate finance advisory services, including company listings, rights issues and private placements on the DSE.
- Identify new business opportunities and contribute to revenue growth through client engagement and market origination.
Investment Research and Market Intelligence
The successful candidate will also:
- Produce equity research reports and sector analyses.
- Conduct company valuations and prepare macroeconomic outlooks.
- Build and maintain advanced financial models.
- Apply DCF, Comparable Company Analysis, Precedent Transactions and LBO frameworks.
- Conduct scenario and sensitivity analysis.
- Monitor Tanzania’s capital markets and macroeconomic developments.
- Track regional economic and financial market trends.
- Generate timely and actionable investment insights.
- Develop investment strategies and product positioning ideas.
- Support Global Markets trading and Asset & Wealth Management portfolio decisions.
- Ensure research outputs comply with CMSA, DSE and other applicable regulatory requirements.
Client Engagement and Team Leadership
Responsibilities will also include:
- Presenting research findings to clients.
- Conducting market briefings and investor roadshows.
- Participating in one-on-one advisory discussions.
- Working closely with Global Markets, Asset & Wealth Management and Advisory teams.
- Maintaining TSL’s research databases and financial data systems.
- Improving analytical and research infrastructure.
- Mentoring and guiding junior analysts.
- Supporting a culture of high performance and continuous learning.
Minimum Qualifications and Experience
Applicants should have:
- A Bachelor’s degree in Finance, Economics, Accounting, Business or a related field.
- 3–5 years of progressive professional experience in advisory, investment research, corporate finance or capital markets.
- Experience in commercial banking, stockbroking, asset management or corporate advisory.
- Experience working in Tanzania or the wider East African financial markets is relevant.
Preferred Qualifications and Experience
The following will be an advantage:
- Master’s degree or MBA.
- Demonstrated experience supporting or executing advisory transactions.
- Experience with IPOs.
- Experience with bond issuances.
- Experience with private placements.
- Experience with mergers and acquisitions.
Key Skills and Competencies
The ideal candidate should demonstrate:
- Expert financial modelling skills.
- Strong knowledge of DCF, Comparable Company Analysis and Precedent Transactions.
- Excellent investment research and report-writing abilities.
- Knowledge of CMSA and DSE regulatory frameworks.
- Advanced Microsoft Excel skills.
- Advanced Microsoft PowerPoint skills.
- Fluency in English and Swahili.
- Strong analytical thinking.
- Commercial awareness.
- Strong client engagement and relationship-management skills.
- Ability to structure transactions and provide sound advisory input.
- Ability to work independently and take initiative.
- Strong teamwork and collaboration skills.
- Confidence to lead client engagements independently.
- Genuine interest in Tanzania’s capital markets.
How to Apply
Interested and qualified candidates should submit their CV and cover letter through the application link provided by Tanzania Securities Limited.
Applications are considered on a rolling basis, so candidates are encouraged to apply early.
Application Deadline: 14 August 2026
Important Notice
Tanzania Securities Limited is an equal opportunity employer. Only shortlisted candidates will be contacted.
Final Thought
The Senior Research & Advisory Associate position provides an opportunity for an experienced finance professional to combine investment research, financial modelling, corporate advisory and transaction execution within Tanzania’s capital markets. Candidates with strong analytical abilities and practical experience in corporate finance, investment research or advisory should consider applying before the deadline.
