We are seeking a Research Analyst to join the New York Global Value team which manages >$130Bn in AUM with global coverage. We are "long only" investors that manage mutual funds, separate accounts and off-shore funds. The Global Value strategy seeks to deliver attractive real returns while preserving our investors' capital over time by using a value approach to invest in global markets. The investment team follows a bottom-up, fundamental approach focusing on companies with quality businesses that they believe have above-average sustainable profitability while trading at a significant discount to their intrinsic values.
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 $170,000. 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.
