Senior Research & Advisory Associate

Join Tanzania’s pioneering securities firm and shape the future of investment research and advisory.

Job details

• Organization: Tanzania Securities Limited (TSL)
• Job title: Senior Research & Advisory Associate
• Department: Research & Advisory
• Reports to: Head of Research & Advisory
• Place of recruitment: Dar es Salaam, Tanzania
• Application deadline: 14th August 2026

About TSL

Tanzania Securities Limited (TSL) is a leading financial services company in Tanzania, licensed by the CMSA as a broker-dealer, fund manager, and investment adviser. TSL is a Licensed Dealing Member (LDM) of the DSE and an approved primary dealer of Government Securities, on a strategic trajectory to become Tanzania’s preferred Investment Bank.

The role

Reporting to the Head of Research & Advisory, the Senior Research & Advisory Associate is a dual-mandate role combining corporate advisory transaction execution with investment research that moves markets.

You will work at the intersection of TSL’s most exciting business lines — Global Markets, Asset & Wealth Management, and Corporate Advisory — with real deal exposure, senior client access, and a platform to build a distinguished career in Tanzania’s capital markets.

Key responsibilities

Advisory and transaction execution

• Lead and support execution of advisory mandates — IPOs, bond issuances, private placements, loan syndications, M&A, and corporate restructuring.
• Prepare compelling pitch books, Information Memorandums (IMs), transaction teasers, and investor presentations that win and retain clients.
• Conduct comprehensive financial due diligence, business valuations, and deal structuring analysis for client engagements.
• Build and maintain strong relationships with corporate clients, institutional investors, and strategic partners to originate and grow advisory mandates.
• Support TSL Capital’s corporate finance advisory services including assisting companies in listings, rights issues, and private placements on the DSE.
• Identify new business opportunities and contribute directly to TSL’s revenue growth through proactive client engagement and market origination.

Investment research and market intelligence

• Produce high-quality equity research reports, sector analyses, company valuations, and macroeconomic outlooks for institutional and individual clients.
• Build and maintain advanced financial models: DCF, Comparable Company Analysis, Precedent Transactions, LBO frameworks, and scenario/sensitivity analysis.
• Monitor Tanzania’s capital markets, macroeconomic developments, and regional trends to generate timely and actionable investment insights.
• Develop investment strategies and product positioning ideas to support Global Markets trading and Asset & Wealth Management portfolio decisions.
• Ensure all research outputs comply with CMSA, DSE, and applicable regulatory standards — accurate, timely, and commercially relevant.

Client engagement and team leadership

• Engage clients through research presentations, market briefings, investor roadshows, and one-on-one advisory discussions.
• Collaborate with Global Markets, Asset & Wealth Management, and Advisory teams to deliver integrated, client-centred solutions.
• Maintain and continuously improve TSL’s research databases, financial data systems, and analytical infrastructure.
• Mentor and guide junior analysts, contributing to a culture of excellence, learning, and high performance within the team.

Qualifications and experience

Minimum requirements

• Bachelor’s degree in Finance, Economics, Accounting, Business, or related field.
• 3–5 years’ progressive experience in advisory, investment research, corporate finance, or capital markets.
• Experience in commercial banking, stockbroking, asset management, or corporate advisory in Tanzania or the East African region.

Preferred qualifications and experience

• Master’s degree or MBA.
• Proven track record executing or supporting advisory transactions, including IPOs, bond issuances, private placements, and M&A.

Key competencies

Core skills

• Expert financial modelling — DCF, Comparable Analysis, and Precedent Transactions.
• High-quality research and report writing skills.
• Knowledge of CMSA and DSE regulatory frameworks.
• Advanced Microsoft Excel and PowerPoint.
• Fluency in English and Swahili.

Differentiating skills

• Strong advisory instincts; ability to structure deals and engage clients confidently.
• Self-starter with sharp analytical thinking and commercial awareness.
• Collaborative team player with confidence to lead client engagements independently.
• Genuine passion for Tanzania’s financial markets.

How to apply

Submit your application through the link below. Include your CV and cover letter.

Application deadline: 14th August 2026

Shortlisting is on a rolling basis — applications are reviewed as they are received.

For any questions, contact .

• Website: www.tsl.co.tz

TSL is an equal opportunity employer. Only shortlisted candidates will be contacted.

CLICK HERE TO APPLY