Undergraduate degree in finance, economics, or related field
3-5 years of buy-side equity research or private equity experience
Strong analytical and attention-to-detail skills
Solid accounting knowledge and document analysis capabilities
Expertise in financial modeling and valuation techniques
Alignment with long-term investment and risk-averse philosophy
Ability to communicate investment insights effectively
Responsibilities
Perform detailed financial analysis and modeling to assist portfolio managers
Conduct primary research to identify investment opportunities
Analyze business models through thorough document reviews
Recast financial statements to assess economic earnings and intrinsic value
Participate in investment meetings with senior management
Benefits
Generous paid time-off
Comprehensive medical, dental, and vision healthcare plans
401(k) retirement and profit-sharing plans
Flexible/hybrid work environment
Casual 'dress for the day' policy
Access to a range of additional benefits as per company policy
Full Job Description
What you will do:
Perform detailed financial analysis and modeling in support of the portfolio managers
Conduct primary research
Analyze and understand business models through document driven analysis
Recast financial statements to focus on true economic earnings, margin of safety and intrinsic value
Attend investment meetings with senior management
The qualities you should have:
Undergraduate degree
3-5 years of experience as an analyst in buy-side equity research or private equity
Superb analytical ability and attention to detail
Solid accounting capabilities and passion for digging through the documents
Strong modeling skills and a firm grasp of a variety of valuation methods
Investment style consistent with First Eagle's approach, including long-term investment horizon, absolute return focus and aversion to permanent capital loss
High level of intellectual honesty, humility and critical thinking capabilities
Contrarian mindset, willing to go beyond what management tells them and dig deeper
Demonstrated ability to effectively organize tasks, manage time, set priorities and deadlines
A collegial and collaborative team player who is capable of partnering with a wide range of investors, including all of the Global Value team's equity-oriented sector analysts and portfolio managers
Excellent communication skills, with capacity to articulate investment insights to colleagues and clients alike
Self-starting, entrepreneurial and resourceful
Base Salary range: $140,000 to $165,000. In addition, this role is eligible for an annual incentive bonus. Compensation may vary based upon, but not limited to - the individual's skills, experience, qualifications, location, and internal equity.
We value our people and offer a broad range of benefits. We provide generous paid time-off, medical/dental/vision healthcare plans, 401(k) retirement and profit-sharing plans, a flexible/hybrid work environment, "dress for the day" flexible work attire, and many more great benefits. For more information, please refer to our First Eagle Benefits website.
About First Eagle Investments
First Eagle Investment Management is an independent, privately-owned investment management firm. It provides a range of investment strategies to individuals and institutions. The firm manages equity, fixed income, and multi-asset portfolios. Its investment philosophy is centered on value investing, with a focus on downside protection. First Eagle Investment Management was founded in 1864 and is headquartered in New York, New York.
