Description

The equity team at Emerald Investment Advisers employs a bottom-up, fundamental approach to investing that seeks to identify better businesses as measured by their cash flow return on investment (CFROI), trade at a discount to their intrinsic value, and possess fundamental drivers that could narrow the valuation gap over time. Companies that exhibit all three of these attributes generally possess the most compelling risk/reward profile.

This team manages over $1B in small capitalization and $700M in large cap strategies serving institutional and retail clients. We are looking for an Equity Research Analyst to focus on the Financials and Real Estate sectors. The investment team is based in St. Louis, MO and the position is on-site.

In this role, the Equity Analyst will be responsible for the following essential job functions:

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
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
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.

Requirements

This position requires a of three years of full time equity analyst experience and proven success in stock analysis and selection of Financial and Real Estate public companies in the US, preferably in small and mid cap markets.

Qualified candidates should submit a resume and cover letter to careeropportunities@teamemerald.com. Submissions without a cover letter will not be considered.