Equity Research Analyst - Small/Mid Cap, Technology and Industrial Sector
Alger, New York, NY, United States
Equity Research Analyst Small/Mid Cap, Technology and Industrial Sector
Alger is widely recognized as a pioneer of growth-style investment management. Founded in 1964, the firm provides U.S. and non-U.S. institutional investors and financial advisors access to a suite of growth equity separate accounts, mutual funds, and privately offered investment vehicles. The firm's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for over 50 years. Alger's Investment Team drives the Firm's strong long-term investment returns of our portfolio strategies and success for our clients. Our investment strategies range from U.S. small cap to large cap stocks and International and Emerging Markets growth stocks, in both traditional long-only and long/short hedged equity portfolios. We are over 60 experienced professionals, led by our portfolio managers and senior sector analysts, who work together to identify and research domestic and global growth trends across all economic sectors to uncover compelling investment opportunities. We target "outside the box" ideas and our firm's philosophy encourages creative and independent thinking. Each investment idea goes through a rigorous series of analyses. Many of our analysts have direct experience in the industries they invest in and/or advanced degrees in their fields. Compared to other buy-side firms, our teams are small and this "boutique" culture allows analysts of all levels to contribute. Working in smaller groups, analysts have more responsibilities, rather than being just a "number-cruncher" at a larger firm. With that in mind, we focus on investing in developing talent.
Alger is seeking a bright and enthusiastic Analyst to assist coverage of the technology and industrial sector for the U.S Small and Mid Cap team. We favor candidates who are passionate about investing, embrace challenges, welcome increasing responsibilities, and thrive in a dynamic environment. Their knowledge of the technology and industrial industries will be utilized to enhance and contribute to the Small and Mid Cap team's performance. This individual will explore sell side research, internal research and reports which will have a positive impact on the portfolio's performance. This Analyst, along with their team, work with portfolio managers on generating insightful investment ideas. This direct exposure to top level management is rare in the investment community and current analysts thrive on the ability to work with highly experienced investors.
Duties & Responsibilities:
Analyze financial statements, interview/visit company management, build and update detailed financial/valuation models, write research reports.
Using and creating incremental, internal quantitative reports that identify potentially attractive small and midcap stocks
Tracking technology sector themes and reporting them to EVP PM, also identifying themes not currently addressed
Producing reports or strategies enabling the team to focus on areas of market outperformance
Interact with sell-side analysts, tech industry contacts, investor relations personnel and senior management of companies to develop an investment thesis on a stock or industry theme
Conduct maintenance research and reports on business news on portfolio holdings. Analyze companies' earnings reports, including previews and reviews
Maintain data bases tracking industry research and statistics. Develop and maintain proprietary data tracking industry research files
Assist EVP PM in tracking and monitoring what sector analysts are working on and helping the EVP PM ensure that work assignments are done in a timely fashion
Qualifications:
Minimum 8+ years experience on the buy side or equivalent industry training and experiences
Minimum 5+ years working experiences within the technology sector and/or industrials
A knowledge of companies with the potential to disrupt and grow within their industry
Proven quantitative and qualitative analytical capabilities including financial modeling, industry and product analysis and report writing
Excellent communication skills, both written and oral
High level of self-motivation and work ethic along with the ability to complete assignments quickly and accurately
Ability to work in a team-oriented fast-pace environment both while being able to prioritize projects
Positive attitude with a willingness to attack challenging intellectual problems
Strong competitive spirit and desire to succeed
Undergraduate degree in a finance, science, mathematics, engineering, liberal arts or an equivalent combination of training and experience
Strong undergraduate GPA with strong accounting and finance skills
MBA preferred
CFA preferred
Base salary anticipated to be $150-250k + discretionary bonus + outstanding benefits
Alger is proud to be an E-Verify & Equal Opportunity Employer. It is Alger's policy to provide equal employment opportunity to all employees and applicants for employment. No qualified applicant or employee of Alger shall be discriminated against in employment on the basis of race, national origin, ancestry, religion, gender (including gender identity and gender expression), mental or physical disability, age, sex, sexual orientation, genetic information, military or veteran status, or any other status protected by law ("Protected Characteristic"). This Policy applies to all terms, conditions, and privileges of employment, including but not limited to, hiring, compensation, benefits, promotion, and termination. E-Verify is a registered trademark of the U.S. Department of Homeland Security.
Alger is widely recognized as a pioneer of growth-style investment management. Founded in 1964, the firm provides U.S. and non-U.S. institutional investors and financial advisors access to a suite of growth equity separate accounts, mutual funds, and privately offered investment vehicles. The firm's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for over 50 years. Alger's Investment Team drives the Firm's strong long-term investment returns of our portfolio strategies and success for our clients. Our investment strategies range from U.S. small cap to large cap stocks and International and Emerging Markets growth stocks, in both traditional long-only and long/short hedged equity portfolios. We are over 60 experienced professionals, led by our portfolio managers and senior sector analysts, who work together to identify and research domestic and global growth trends across all economic sectors to uncover compelling investment opportunities. We target "outside the box" ideas and our firm's philosophy encourages creative and independent thinking. Each investment idea goes through a rigorous series of analyses. Many of our analysts have direct experience in the industries they invest in and/or advanced degrees in their fields. Compared to other buy-side firms, our teams are small and this "boutique" culture allows analysts of all levels to contribute. Working in smaller groups, analysts have more responsibilities, rather than being just a "number-cruncher" at a larger firm. With that in mind, we focus on investing in developing talent.
Alger is seeking a bright and enthusiastic Analyst to assist coverage of the technology and industrial sector for the U.S Small and Mid Cap team. We favor candidates who are passionate about investing, embrace challenges, welcome increasing responsibilities, and thrive in a dynamic environment. Their knowledge of the technology and industrial industries will be utilized to enhance and contribute to the Small and Mid Cap team's performance. This individual will explore sell side research, internal research and reports which will have a positive impact on the portfolio's performance. This Analyst, along with their team, work with portfolio managers on generating insightful investment ideas. This direct exposure to top level management is rare in the investment community and current analysts thrive on the ability to work with highly experienced investors.
Duties & Responsibilities:
Analyze financial statements, interview/visit company management, build and update detailed financial/valuation models, write research reports.
Using and creating incremental, internal quantitative reports that identify potentially attractive small and midcap stocks
Tracking technology sector themes and reporting them to EVP PM, also identifying themes not currently addressed
Producing reports or strategies enabling the team to focus on areas of market outperformance
Interact with sell-side analysts, tech industry contacts, investor relations personnel and senior management of companies to develop an investment thesis on a stock or industry theme
Conduct maintenance research and reports on business news on portfolio holdings. Analyze companies' earnings reports, including previews and reviews
Maintain data bases tracking industry research and statistics. Develop and maintain proprietary data tracking industry research files
Assist EVP PM in tracking and monitoring what sector analysts are working on and helping the EVP PM ensure that work assignments are done in a timely fashion
Qualifications:
Minimum 8+ years experience on the buy side or equivalent industry training and experiences
Minimum 5+ years working experiences within the technology sector and/or industrials
A knowledge of companies with the potential to disrupt and grow within their industry
Proven quantitative and qualitative analytical capabilities including financial modeling, industry and product analysis and report writing
Excellent communication skills, both written and oral
High level of self-motivation and work ethic along with the ability to complete assignments quickly and accurately
Ability to work in a team-oriented fast-pace environment both while being able to prioritize projects
Positive attitude with a willingness to attack challenging intellectual problems
Strong competitive spirit and desire to succeed
Undergraduate degree in a finance, science, mathematics, engineering, liberal arts or an equivalent combination of training and experience
Strong undergraduate GPA with strong accounting and finance skills
MBA preferred
CFA preferred
Base salary anticipated to be $150-250k + discretionary bonus + outstanding benefits
Alger is proud to be an E-Verify & Equal Opportunity Employer. It is Alger's policy to provide equal employment opportunity to all employees and applicants for employment. No qualified applicant or employee of Alger shall be discriminated against in employment on the basis of race, national origin, ancestry, religion, gender (including gender identity and gender expression), mental or physical disability, age, sex, sexual orientation, genetic information, military or veteran status, or any other status protected by law ("Protected Characteristic"). This Policy applies to all terms, conditions, and privileges of employment, including but not limited to, hiring, compensation, benefits, promotion, and termination. E-Verify is a registered trademark of the U.S. Department of Homeland Security.