Equity Research Analyst

1 month ago


st louis, United States Fm Investments, LLC Full time

Summary:

Washington, DC based $16 billion multi-boutique investment firm seeks an Equity Research Analyst for it's St. Louis, MO. office. The equity team at F/m Investments employs a bottom-up, fundamental approach to investing, managing $1B in small capitalization strategies serving institutional and retail clients. The Research Analyst will focus primarily in the healthcare sector with the ability to take on additional coverage responsibilities. A successful analyst will have a passion for investing, a natural curiosity of how companies operate, the competitive desire to win, the enthusiasm to be part of a team that achieves a common goal, and the work ethic to be a major contributor.


Responsibilities:

  • Perform initial reviews on potential investment opportunities, outlining risks and opportunities
  • Provide comprehensive income statement, balance sheet and cash flow analysis via CFROI approach to measure a company’s operations and financial management
  • Generate the estimated fair value of a company utilizing CFROI framework with support from traditional measures of valuation
  • Perform ongoing due diligence by meeting with current and prospective company management teams
  • Expected to understand the business fundamentals of 25-35 companies intimately while having a general knowledge of 200 or more companies
  • Conduct in-depth, fundamental analysis using financial, industry and other supplemental data
  • Identify, understand, and articulate the key fundamental drivers of a company’s stock performance
  • Lead in the development and communication (verbally and written) of a succinct long term investment thesis which minimizes portfolio turnover
  • Assess market sentiment and expectations that are discounted in a stock price/valuation
  • Develop strong relationships with industry contacts, sources and peers
  • Have or gain proficiency in the use of Factset, HOLT, Microsoft Excel, and Microsoft Word as tools for research and/or reporting purposes
  • Programming skills in languages such Visual Basic, r, C++, Javascript, Python, etc. is a plus
  • Gain the confidence of the portfolio management team by sharing objective perspectives and assessments on new and existing investments, position sizing, and execution timing
  • Demonstrate the ability to work well in a collaborative culture and maintain a positive attitude


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