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$100k–$150k/yr
Full-time
bachelor degree
Posted 24d ago
~40 hrs/week
Responsibilities
Conduct fundamental bottom-up research on public and private software companies and maintain complex financial models. Draft research reports and communicate investment theses and stock recommendations to institutional investors and sales teams.
Requirements
Requires a bachelor's degree and 1-5 years of relevant experience with proficiency in Microsoft Office. Candidates must possess or obtain SIE, 63, 86, and 87 licenses within six months of hire.
Full job description
Job Description:
Guggenheim Securities
Position Summary
Guggenheim Securities (“GS”) is seeking a highly-motivated Equity Research Analyst or Associate to support a well-established Senior Research Analyst covering the Software sector.
The person will be responsible for conducting fundamental research on both public and private companies and maintaining complex financial models. Over time, the person will develop the ability to effectively articulate the business strategies of covered companies and stock recommendations to institutional investors and Guggenheim’s institutional sales force. The ideal candidate should have excellent writing, financial modeling and communication skills, as well as demonstrate high aptitude for gathering and synthesizing relevant primary and secondary market data. Candidate must be detail-oriented, collaborative, and willing to travel periodically to industry events. This is a demanding but rewarding role with significant career upside.
This position is located in New York City.
Essential Job Functions
Conduct fundamental bottom up research, including but not limited to: analyzing disclosures and financial reports of public companies, and conducting due diligence on companies’ products, sales and marketing models, and competitive landscape
Aggregate and synthesize data on software industry trends
Actively monitor market news, macro trends, and stock performances of covered companies
Build and maintain detailed financial models, including both discounted cash flow, SOTP, and comparable company analysis models
Interact with the Firm’s institutional sales force and investor clients, and respond to inquiries regarding research findings and directives
Regularly update analyst marketing decks
Periodically assist with survey design and collection, web-scraping, due diligence calls, and channel checks
Occasionally travel to industry events, represent firm in a professional manner, and recap event highlights in timely fashion
Assist with investor outreach, research distribution lists, occasional firm-hosted events, and contribute to collectively managed team calendar
Over time, develop the ability to seamlessly communicate investment theses and stock recommendations, and contribute original research ideas
Preferred Qualifications
Fluency in modeling financial statements
Comfortable with large data sets and reporting
Understanding of the capital markets and stock markets, and a passion for investing
Excellent written and oral communication skills to successfully convey investment messages, ideas, or nuances to team members, salespeople, and/or traders
Outstanding analytical skills; ability to conduct deep primary research, analysis, and draw conclusions from information
Strong interpersonal relationship skills and style conducive to building relationships
Ability to thrive in a fast- paced, deadline-driven environment; self-starter with a proven commitment to producing high quality work
Team oriented, unquestionable honesty and integrity, intellectual curiosity, and dedication to providing clients with the best products
Ability to deliver under pressure and meet deadlines effectively
Basic Qualifications
1 - 5 years of relevant experience
B.A. or B.S. Degree required
Proficient in Microsoft Office, Excel, PowerPoint, and Word
Must have or obtain SIE, 63, 86 and 87 licenses within 6 months of hire
Work Location
Currently, this role is expected to be in the New York office at least 4 days per week.
Salary
Annual base salary between $100,000 and $150,000.
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us:
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.
For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at [email protected] or 212.518.9200.
Guggenheim Securities, LLC (“GS”) does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, offering a full range of services including Advisory, Sales and Trading, Financing, and Research.
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