Fixed income Associate

Job Type: Full Time
Location: Nairobi
Reporting Line: Head of Research

Introduction to Standard Investment Bank

Standard Investment Bank Ltd (SIB) is a leading financial services firm in Kenya founded in 1995. The firm offers individual and institutional clients a single point of entry for Asset Management, Securities Trading, Market Research, Investment Management and Corporate Finance.

SIB is a member of the Nairobi Securities Exchange (NSE) and is licensed and regulated by the Capital Markets Authority (CMA) as an Investment Bank and the Retirement Benefits Authority as a Pensions Fund Manager.

SIB is also licensed by the Capital Markets Authority (CMA) to operate Special Collective Investment Schemes (CISs), in line with the provisions of the Capital Markets Act and the Capital Markets (Collective Investment Schemes) Regulations, 2023.

About the Role

In line with our mission to positively impact the financial prosperity of people and organizations; SIB is looking to hire a Senior Associate – Fixed Income in the Research Department. The jobholder will be expected to demonstrate high levels of professionalism, creativity and integrity; and will primarily support fixed income traders as well as other business teams at the firm.

Roles & Responsibilities

1. Be the lead for the fixed income research product and relations with clients; among other products including macro research
2. Resolve client queries and support business teams
3. Source, store, organize and distribute information and research content and data. Build up and maintain a comprehensive database of relevant political, legislative, economic, financial, sector, geographical, business and company information and statistics including financial modelling, assumptions, methodologies and opinions
4. Peer review research opinions for the department
5. Grow research client base through growth of existing customers
6. Financial Modelling & Statistical analysis. Develop and express opinion on securities and provide rating recommendation for investment action by Investors
7. Maintain relationships with regulators and other relevant industry bodies
8. Comply with all relevant internal and external rules, policies, procedures and regulations in their conduct and provision of research, including taking responsibility for their training.
9. Media engagement and sharing explanations on research opinions
10. Commercial awareness of business opportunities for SIB. Product development idea generation and sharing

Required Knowledge & Experience

• Bachelor’s degree: Actuarial Science, Business or Economics Degree or related
• Pursuing CFA/ICIFA or any other relevant professional qualification
• Demonstrable fixed income research experience or skills desired/preferred

Core Competencies

The following Core competencies are the skills, knowledge and behaviours expected of an employee at Standard Investment Bank:

1. Maximizing Resources: Builds and leverages infrastructure, knowledge and networks
2. Empowerment: Empowers customers, employees, shareholders and society
3. Care and Protection: Demonstrates care and protection to customers, employees, shareholders and society
4. Communication Skills: Communicates – proactively, clearly, timely, consistently, completely and professionally – in written and oral forms to both internal and external customers
5. Initiative and Confidence: Initiative and Confidence Generates and shares new ideas that add value to SIB and looks at different ways to solve problems and address difficulties
6. Teamwork: Contributes fully to team effort and plays an integral part in the smooth running of teams without necessarily taking the lead
7. Sector Acumen: Sector Acumen Has a good understanding of the sector environment and the impact their behaviour has on co-employees, service delivery to customers and SIB’s reputation
8. Respect: Treats colleagues and customers in a manner which demonstrates integrity, honesty, fairness and value for other people’s time

Only shortlisted candidates will be contacted.