Equity Research Associate Analyst – Capital Appreciation Strategy

• Role provides fundamental equity research support for our Capital Appreciation team

• The Capital Appreciation strategy is a multi-asset class (equities, fixed income, covered calls) strategy managing over $105B (as of 3/31/2026)

• Strategy is managed by David Giroux, CIO for equity and multi-asset investing and a former Morningstar manager of the year

• Daily opportunity to learn directly from our senior investment professionals, providing fundamental equity research support while learning the necessary skills to become a successful institutional investor

• Competitive compensation with significant upside potential for high performers 

Responsibilities

• Diverse responsibilities including company/industry related research projects, building/updating financial models, assisting in quarterly earnings analysis, attending conferences and meetings with management teams, preliminary work on new ideas.

• Expect to collaborate with the entire Capital Appreciation team and others across the central research platform.

• Work includes providing investment insight and impacting the investment process, not just number crunching.

Qualifications

Required:

• Bachelor’s Degree required AND

• 2-4 years relevant work experience (technology equity research preferred)

• Strong Excel and financial modelling skills including previous experience building three-statement models

• Creativity and ability to imagine

Preferred:

• Strong academic background and intellectual curiosity 

• Highly motivated, confident self-starter with ability to work independently and with others 

• Effective communication skills (verbal and written) 

• Demonstrated ability to conduct in-depth thematic research across a broad spectrum of topics which can be additive to the investment process 

• Completion of at least level 1 of the CFA preferred

• Demonstrated ability to derive meaningful insights from in-depth research and analysis 

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.
Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status). 

WHAT TO EXPECT AFTER APPLYING

1. You will receive an email and text message to answer a few questions to verify your eligibility. If you apply for multiple jobs, you will receive separate invitations for each role and will need to respond to each. Estimated Time Commitment: 3-5 minutes

2. If you are eligible, you will be asked to record video responses to introductory questions with our vendor partner, HireVue. Take time to read all instructions carefully before responding. Some questions may require you to respond within a set time limit, or with limited retakes. You can use this opportunity to tell us more about your background and interest than we can learn from a resume alone. Estimated Time Commitment: 20-30 minutes