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
