Equity Research Associate

Hotchkis & Wiley

  • Los Angeles, CA
  • $100,000-130,000 per year
  • Permanent
  • Full-time
  • 2 days ago
Hotchkis & Wiley is seeking a highly motivated individual with a genuine interest in learning about investing, economics, and equity market drivers to become part of our Research Associate Program. Hotchkis & Wiley is a research-driven institutional asset management firm with a team-oriented, collegial culture. We have a strong track record of identifying attractive investment opportunities globally across the entire market capitalization range and across the capital structure for publicly traded securities.The Research Associates support our Investment Team, which currently consists of 24 members. The program is a two year opportunity but the company may extend the position for further development. The position would provide an excellent foundation for someone who wants to pursue a long term career in finance as a highly skilled professional investor or product specialist. The Research Associate program provides exceptional learning opportunities and mentoring, competitive compensation, strong exit opportunities, and an attractive work-life balance within a highly collegial culture.Our experienced team of investment professionals is committed to mentoring younger analysts and developing their ability to look through short term company issues to focus on the secular opportunity. Our client base is primarily sophisticated institutions with a long term horizon, making this perspective possible.The Research Associate will work together with our equity analysts/portfolio managers in conducting in-depth fundamental research for companies within one or more industries, including financial modeling, preparation of investment memos, and select client materials. The position is located in Los Angeles and offers a hybrid of in-office and work from home flexibility.While this program was originally designed to give pre-MBA candidates the unique opportunity to experience the asset management business prior to Business School, we will not discount applications from interested MBA or MFin candidates whom we believe would derive benefit from our program. Note that the applicant must be able to legally work in the U.S. for the duration of our program without sponsorship.Specific Responsibilities Include
  • Research and analyze potential investments and monitor current portfolio investments
  • Draft client materials highlighting drivers of performance and market developments
  • Compose investment updates and assist in creation of detailed investment presentations
  • Understand and incorporate relevant economic and industry trends
  • Construct and maintain detailed financial models including long term projections and valuation estimates
  • Engage with company management as well as conduct calls and meetings with analysts and industry experts
  • Provide analysis for client service as needed
Skills & Experience Required
  • Bachelor’s Degree (CFA a plus) with excellent academic credentials
  • A passion for investing combined with creativity, integrity, and intellectual honesty
  • Excellent writing and communication skills
  • Strong analytical and quantitative skills, including intermediate knowledge of Excel, accounting and finance. Experience with Bloomberg a plus
  • 1-3 years of high quality experience in financial services. Experience as a pension fund consultant or economic consultant is particularly relevant.
  • Clients first mentality: a positive, energetic, and responsive attitude
  • Team oriented individual who is willing to take the initiative and accept increasing responsibility
The expected base salary range for this position is generally between $100,000 to $130,000 per year. This position is eligible for a discretionary bonus as part of a total compensation package which also includes our company sponsored benefit programs. Base salary is determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, and market factors.Link to apply:About Hotchkis & WileyHotchkis & Wiley is an institutional asset management firm overseeing U.S. and global value equity and high yield portfolios for clients worldwide. The firm currently manages approximately $34 billion in assets and is majority owned by its management and employees. For more information refer to our website, www.hwcm.com.Hotchkis & Wiley is an Equal Opportunity employer (EEO), and all employees and applicants will be entitled to equal employment opportunities when employment decisions are made. Hotchkis & Wiley will take affirmative action to recruit, hire, train and promote individuals in all job classifications without regard to race, religion, color, age, sex, national origin, citizenship, pregnancy, veteran status, sexual orientation, physical or mental disability, gender identity, or membership in a historically under-represented group.

Hotchkis & Wiley