Are you an experienced finance professional with a passion for investment research, corporate finance, and capital markets? Tanzania Securities Limited (TSL) is inviting applications for the position of Senior Research & Advisory Associate to join its Research & Advisory Department in Dar es Salaam. This is an exciting opportunity to work at the forefront of Tanzania’s financial markets, supporting major corporate transactions while delivering high-quality investment research and advisory services.
If you have experience in corporate advisory, investment research, or capital markets and are looking to grow your career with one of Tanzania’s leading financial services firms, this role could be the perfect fit.
About Tanzania Securities Limited (TSL)
Tanzania Securities Limited (TSL) is one of Tanzania’s leading financial services companies, licensed by the Capital Markets and Securities Authority (CMSA) as a broker-dealer, fund manager, and investment adviser. The company is also a Licensed Dealing Member (LDM) of the Dar es Salaam Stock Exchange (DSE) and an approved Primary Dealer of Government Securities.
TSL is on a strategic journey to become Tanzania’s preferred investment bank by providing innovative investment, brokerage, asset management, and corporate finance solutions.
Position Details
- Position: Senior Research & Advisory Associate
- Organization: Tanzania Securities Limited (TSL)
- Department: Research & Advisory
- Reports To: Head of Research & Advisory
- Duty Station: Dar es Salaam, Tanzania
Job Summary
The Senior Research & Advisory Associate is a dual-role position combining corporate advisory transaction execution with investment research. The successful candidate will work across TSL’s Global Markets, Asset & Wealth Management, and Corporate Advisory business units, supporting major financial transactions while delivering market-leading research and investment insights.
Key Responsibilities
Corporate Advisory and Transaction Execution
The successful candidate will:
- Lead and support execution of advisory transactions, including:
- Initial Public Offerings (IPOs)
- Bond issuances
- Private placements
- Loan syndications
- Mergers and Acquisitions (M&A)
- Corporate restructuring
- Prepare high-quality:
- Pitch books
- Information Memorandums (IMs)
- Transaction teasers
- Investor presentations
- Conduct financial due diligence and business valuation analyses.
- Perform deal structuring and financial analysis.
- Build and maintain relationships with corporate clients, institutional investors, and strategic partners.
- Support companies undertaking:
- Stock exchange listings
- Rights issues
- Private placements on the Dar es Salaam Stock Exchange (DSE)
- Identify new business opportunities and contribute to business growth through proactive client engagement.
Investment Research and Market Intelligence
The role also involves:
- Producing high-quality:
- Equity research reports
- Sector analyses
- Company valuations
- Macroeconomic outlook reports
- Building and maintaining advanced financial models, including:
- Discounted Cash Flow (DCF)
- Comparable Company Analysis
- Precedent Transactions
- Leveraged Buyout (LBO) models
- Scenario and sensitivity analysis
- Monitoring Tanzania’s capital markets and macroeconomic developments.
- Developing investment strategies to support:
- Global Markets
- Asset & Wealth Management portfolios
- Ensuring all research complies with CMSA, DSE, and applicable regulatory standards.
Client Engagement and Team Leadership
Responsibilities include:
- Presenting research findings and market updates to clients.
- Participating in investor roadshows and advisory meetings.
- Collaborating with Global Markets, Asset & Wealth Management, and Corporate Advisory teams.
- Maintaining research databases and analytical systems.
- Mentoring junior analysts and supporting team development.
Minimum Qualifications
Applicants should possess:
- Bachelor’s Degree in:
- Finance
- Economics
- Accounting
- Business
- Or another related field.
Experience Required
Candidates should have:
- Three (3) to five (5) years of progressive experience in:
- Corporate advisory
- Investment research
- Corporate finance
- Capital markets
Experience in any of the following sectors is highly desirable:
- Commercial banking
- Stockbroking
- Asset management
- Corporate advisory
- Capital markets within Tanzania or the East African region
Preferred Qualifications
The following qualifications will be an added advantage:
- Master’s Degree or MBA.
- Proven experience executing or supporting:
- IPOs
- Bond issuances
- Private placements
- Mergers and acquisitions (M&A)
Required Skills and Competencies
Technical Skills
Successful candidates should demonstrate:
- Advanced financial modelling skills, including:
- Discounted Cash Flow (DCF)
- Comparable Company Analysis
- Precedent Transactions
- Excellent investment research and report-writing abilities.
- Strong understanding of CMSA and DSE regulatory frameworks.
- Advanced proficiency in:
- Microsoft Excel
- Microsoft PowerPoint
- Fluency in English and Kiswahili.
Professional Competencies
The ideal candidate should also possess:
- Strong corporate advisory and deal structuring skills.
- Excellent analytical and commercial awareness.
- Ability to engage confidently with clients.
- Leadership and mentoring capabilities.
- Strong collaboration and teamwork skills.
- Passion for Tanzania’s financial markets.
Why Join Tanzania Securities Limited?
Joining TSL provides an opportunity to:
- Work on high-profile corporate finance and investment banking transactions.
- Build expertise in investment research and advisory services.
- Engage with institutional investors and leading corporate clients.
- Develop your career within one of Tanzania’s premier financial services institutions.
- Contribute to the growth and development of Tanzania’s capital markets.
How to Apply
Interested candidates should submit:
- An updated Curriculum Vitae (CV).
- A Cover Letter.
Applications should be submitted through the official application link provided by Tanzania Securities Limited (TSL).
Application Deadline
The deadline for submitting applications is:
14 August 2026
Applications are reviewed on a rolling basis, so interested candidates are encouraged to apply as early as possible. Only shortlisted candidates will be contacted.
