Equity Research Analyst - 1704539
Company: Fidelity Investments
Location: Boston, MA
Posted on: May 19, 2017
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: Master’s degree (or foreign education equivalent)
in Finance, Economics, Business, Business Administration, Mathematics, or a
closely related field 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. Candidate must
also possess: 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, and 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; and 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 1704539.
Keywords: Fidelity Investments, Pawtucket , Equity Research Analyst - 1704539, Finance , Boston, MA, Rhode Island