Posted Under: Boston, Massachusetts jobs in Finance; Finance jobs in zipcode 2101
Posted On: 2017-05-19 11:39:30
Duties: The Equity Research Analyst will perform fundamental equity research on a coverage universe, providing investment ideas for the portfolios and contributing to the investment performance of the firm. Primary Responsibilities: • Generate proprietary fundamental analysis of the sector, the industry, the companies and the stocks by meeting with top management of companies, industry experts, sell-side analysts and experienced colleagues. • Create detailed financial projections for the companies and develop valuation analysis on the stocks to develop investment recommendations (versus sector, versus market) for the assigned stocks. • Investigate stocks generated by the proprietary ranking process to identify potential to meet the fund’s key criteria of attractive valuation and future positive change. • Identify stocks through Analyst’s own process of monitoring opportunities in his/her sub-sector area(s) by, for example, using screens, Fidelity research and sell-side research, and meeting with management teams. • Maintain coverage of assigned sector stocks held in the sector portfolio, including: performing industry analysis -- monitoring trends and developing a view regarding the relative attractiveness of the assigned sub sectors; maintaining up-to-date recommendations and target prices; creating and maintaining proprietary financial models and valuation analysis; monitoring investment thesis to track progress of improving dynamics and other critical variables; conducting proprietary research; and collaborating with other Fidelity Analysts and supplementing their work in support of the assigned sub sectors. • Communicate updates and recommendations to the sector team and broader Fidelity investment organization, including in-person discussions, supplemented by written reports, as needed. Requirements: Master’s degree (or foreign education equivalent) in Finance, Economics, Business, Business Administration, Mathematics, or a closely related field and two (2) years of experience in the job offered or two (2) years of experience performing fundamental equity and quantitative research of consumer durable goods sector fundamentals. Candidate must also possess: Demonstrated Expertise (“DE”) performing quantitative modeling and building supply demand models of consumer durable goods companies and sector performance, using Excel, Bloomberg, FactSet, Capital IQ, and Haver DLX; DE building financial valuation models, industry supply-demand models, and equity screening models, including analysis of impact of macro-economic factors and raw materials on demand, profitability, and returns; DE conducting interviews of C-level executives of publicly traded companies, industry experts, and industry participants -- competitors and suppliers -- to develop actionable investment insights; and DE performing primary and secondary research to analyze consumer trends to project implications on financial results, and converting research results into and presenting written and verbal investment proposals within the consumer durable goods sector to portfolio managers. To apply, visit http://jobs.fidelity.com and search for Job Number 1704539.
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