First Ally Capital is a wholly indigenous Financial Services firm, whose focus is on providing top notch advisory & investment services to individuals and organizations. First Ally Capital was incorporated on May 20, 2014 as an Issuing House, Financial Advisory and Investment Management firm, with authorized capital of N2.5 billion, and an issued and fully-paid capital of N1.65 billion. The firm was licensed by the Securities and Exchange Commission on November 20, 2014 as Issuing House and Underwriters.

The Firm commenced operations at a very significant point in the evolution of the Nigerian financial services industry and will leverage it’s solid capital base, the strong financial services background of its promoters and the excellent track-record and credentials of its directors and shareholders.

We are recruiting to fill the position below:

Job Title: Research Associate

Location: Lagos
Employment Type: Full-time

About the Role

• The Research Associate will be responsible for conducting in-depth economic and market research to support investment decision-making at First Ally Asset Management.
• This role involves: Preparing comprehensive reports on global and domestic economic trends, monitoring market performance, and providing investment recommendations on stocks and fixed-income securities.
• The ideal candidate will possess strong analytical skills, a keen understanding of financial markets, and the ability to interpret economic data effectively.

Key Responsibilities
Economic and Market Research & Analysis:

• Prepare 12 monthly reports covering global and domestic economic reviews, market performance, and outlook.
• Develop quarterly reports analysing global and domestic economic conditions, market performance, and projections.
• Provide timely and insightful qualitative economic and market-based reports to aid strategic decision-making.

Investment Recommendations:

• Conduct thorough research on stocks and fixed-income securities to support FAAM’s investment strategy.
• Monitor and analyse the Nigerian Exchange (NGX) All Share Index (ASI) and related market dynamics.
• Provide investment insights and recommendations based on quantitative and qualitative analysis.

Market Reporting & Outlook:

• Deliver comprehensive daily market reports summarizing key financial developments.
• Generate daily price list reports tracking market movements.
• Compile weekly market reports highlighting key trends and insights.
• Produce in-depth monthly market reports providing performance analysis and forecasts.

Qualifications & Experience:

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
•  A Master’s degree or CFA qualification is a plus.
• 4-6 years of experience in financial research, investment analysis, or a related role.
• Strong understanding of macroeconomic indicators, financial markets, and investment principles.
• Proficiency in financial modelling, data analysis, and valuation techniques.
• Excellent analytical, written, and verbal communication skills.
• Experience with Bloomberg, Reuters, or other financial data platforms is an advantage.
• Strong attention to detail and ability to synthesise complex data into actionable insights.

Key Competencies:

• Critical thinking and problem-solving skills.
• Strong numerical and analytical ability.
• Ability to work independently and collaboratively within a team.
• High level of integrity, professionalism, and work ethic.
• Ability to manage multiple tasks and meet deadlines.

Application Closing Date
Not Specified.