Software Analyst

Alger

$225K — $250K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in finance, economics, engineering, mathematics, science, or a related field.
  • MBA and/or CFA preferred but not required.
  • Cumulative GPA of 3.0 or above on a 4.0 scale required.
  • 4-5+ years of buyside investment experience in fundamental equity research.
  • Minimum 2 years in a long/short equity environment preferred.
  • Prior coverage experience in the Technology sector required; expertise in high-growth companies preferred.
  • Proven track record in independent company and industry research, including primary research.

Responsibilities

  • Conduct deep fundamental research on SMid-cap software companies, including financial statement analysis and valuation.
  • Build and maintain detailed financial models to support investment theses.
  • Perform primary research through meetings with management teams and industry experts.
  • Write concise internal research reports and investment memoranda.
  • Generate long and short investment ideas aligned with Alger's philosophy and risk framework.
  • Partner with Portfolio Managers to discuss investment theses and risks.
  • Track software industry trends and communicate insights to the investment team.

Benefits

  • Collaborative, research-driven work environment with high exposure to portfolio decision-making.
  • Opportunity to grow into senior investment roles over time.
  • Culture encouraging intellectual rigor, accountability, and continuous improvement.
Full Job Description
Job Title: Software Analyst

Reports to (title): Senior Vice President, Senior Analyst

Job Description:

Alger is seeking an experienced and intellectually curious Software Analyst to support coverage of the Software sector for the firm's U.S. SMid Cap strategies. This role is well-suited for a mid-level analyst with meaningful buyside experience who can contribute quickly, operate with a high degree of independence, and grow into a more senior investment role over time.

The Software Analyst will work closely with Portfolio Managers and senior investment professionals in a collaborative, research-driven environment. The role offers direct exposure to portfolio construction and decision-making, with responsibility for generating differentiated, fundamental investment insights that contribute to portfolio performance. Alger favors candidates who are passionate about investing, comfortable with accountability, and motivated to continuously deepen their software expertise.

Duties & Responsibilities:

Fundamental Research & Investment Analysis

  • Conduct deep fundamental research on SMid-cap software companies, including financial statement analysis, valuation work, and competitive and industry analysis
  • Build, maintain, and update detailed financial and valuation models to support long and short investment theses
  • Perform primary research, including meetings with company management teams, industry experts, sell-side analysts, and other relevant contacts
  • Write clear, concise, and actionable internal research reports and investment memoranda

Portfolio & Idea Generation Support

  • Generate differentiated long and short investment ideas aligned with Alger's investment philosophy and risk framework
  • Partner closely with Portfolio Managers to discuss investment theses, catalysts, risks, and portfolio implications
  • Track software industry trends, thematic developments, emerging technologies, and communicate insights to the investment team
  • Contribute to ongoing portfolio monitoring, including earnings analysis, news flow, and thesis updates for existing holdings

Quantitative & Data-Driven Analysis

  • Utilize and enhance internal quantitative tools and reports to identify potentially attractive investment opportunities within the software sector
  • Maintain and develop proprietary databases and research files tracking company fundamentals, industry metrics, and thematic trends

Team Collaboration & Development

  • Work collaboratively with other sector analysts and investment professionals in a team-oriented, fast-paced environment
  • Demonstrate increasing ownership of software coverage responsibilities over time, with the potential to expand sector scope and influence
  • Support a culture of intellectual rigor, accountability, and continuous improvement


Qualifications:

  • Undergraduate degree required in finance, economics, engineering, mathematics, science, or a related field
  • MBA and/or CFA designation preferred but not required
  • Cumulative GPA of 3.0 or above required in a 4.0 scale
  • 4-5+ years of buyside investment experience, with demonstrated responsibility for fundamental equity research
  • Minimum 2 years of experience in a long/short equity environment strongly preferred
  • Prior coverage experience in the Technology sector required; experience with disruptive or high-growth companies preferred
  • Proven experience conducting independent company and industry research, including primary research


Skills:

  • Strong fundamental research capabilities, including financial statement analysis, valuation, and modeling
  • Ability to independently develop, articulate, and defend differentiated long and short investment theses
  • Excellent written and verbal communication skills, with the ability to clearly present complex investment ideas
  • Strong quantitative and qualitative analytical skills, including industry, competitive, and thematic analysis
  • High level of self-motivation, intellectual curiosity, and strong work ethic
  • Ability to work effectively in a collaborative, performance-driven investment team
  • Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment
  • Sound judgment, attention to detail, and a thoughtful, risk-aware approach to investing


Salary Expectations: $225,000-$250,000 base salary plus discretionary bonus per performance

Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The employer has the right to revise this job description at any time. This job description is not to be construed as a contract for employment.

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