Equity Research Analyst - 1504575
Company: Fidelity Investments
Location: Boston, MA
Posted on: April 17, 2015
Job Description:
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: MBA or Master’s degree (or foreign education
equivalent) in Finance, Economics, Business or Mathematics 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. Also Requires: 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, 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; 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 1504575.
Keywords: Fidelity Investments, Boston , Equity Research Analyst - 1504575, Finance , Boston, MA, Massachusetts