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Old Mutual is an international investment, savings, insurance and banking group. For over 170 years we have been serving the growing insurance and investment needs of our customers, helping them achieve their lifetime financial goals.
Job Description
MacroSolutions is a multi-asset investment management team, within the Old Mutual Investment Group, with a collaborative, pragmatic and team-based approach to investing and R160bn under management. We look for investments with strong tailwinds at attractive valuations, therefore deep and creative research is as important as competency with forecasting and financial modelling.
Equity analysts regularly interact with portfolio managers, equity/property/ quantitative analysts, asset allocators and the ESG team. The core role of an equity analyst is to identify industry, company specific and ESG headwinds and tailwinds for each potential investment and assess the attractiveness of the share price. An appreciation for macro themes will be beneficial.
The role will commence with a one-year period in which basic foundations of equity analysis and long-term investing are introduced. During this period the role will include meeting boutique operational requirements and other ad hoc requests from the portfolio managers.
Key Result Areas
- Research and analysis of companies listed on JSE, including building financial models, valuations and preparing research presentations
- Develop independent, fact-driven views on individual stocks
- Clearly articulate an investment case including the appropriate supporting evidence and quantitative analysis
- Presentation of investment cases to members of the investment team which demonstrate conviction and clarity of thought
- Active participation in debates
Ideal Qualifications
- An appropriate tertiary education with a solid understanding of accounting (BCom or Business Science or any degree majoring in Accounting, Economics, Engineering or Science)
- Chartered Financial Analyst or Chartered Accountant qualification
- MBA
Requirements: Skills and Experience required
- Minimum two years relevant experience
- Proven enthusiasm and passion for investments
- An ability to synthesise a large mass of economic, industry and company information, and to effectively analyse this and formulate an investment rationale
- Analytical skills
- Ad hoc travel will be required as part of the role
- Previous investment management or financial services experience not required
Competencies
- Passion for investments and broad knowledge
- Analytical thinking
- Financial modeling and coding
- Presenting and writing concisely
- Humility, curiosity and creativity
- Effective decision making
- Collaboration and teamwork
- Client orientation
- Self-directed and takes initiative
- Continuous improvement mindset
In addition to your full CV, please answer the following 5 questions:
- Which OMIG product/(s) are you or your family invested in? How would you improve it?
- What is the biggest threat that the investment industry faces today?
- How would you describe a balance sheet to someone who is not familiar with accounting?
- In which ways are you odd such that you would be an asset to an investment team?
- Provide the full names of four people whose lives you have fundamentally improved. Describe the context of your relationship and your impact.
Skills
Education
- Bachelor of Commerce (BCom) (Required), Bachelor of Science (BSc) (Required), Chartered Accountant (Required), Chartered Financial Analyst (CFA)(Foreign Qualification) (Required), MBA (Required)
Closing Date
Gmail
Yahoomail