Equity Research Associate: Build DCF Models & Value Stocks

Morningstar Credit Ratings, LLC; Greater London; Hybrid; GBP 42,000 - 56,000; Full time

Job summary

Morningstar in London is seeking an Associate Equity Analyst to support stock coverage, modeling, and research projects alongside senior analysts. The role is based in our London office with a hybrid work arrangement.

You will help build and maintain detailed discounted cash flow models, analyze moats and competitive positioning, and contribute to high-quality investment research for Morningstar's global insights team.

Qualifications

• Bachelor's degree in finance required.
• Strong financial modeling and valuation skills, including DCF.
• Excellent written and spoken communication skills.
• Advanced Excel skills and proficiency with financial analysis.

Responsibilities

• Collaborate with senior analysts on researching, analyzing, and valuing companies in multiple sectors.
• Assist in evaluating competitive advantages (moats) and relative positioning.
• Build and maintain detailed DCF models focusing on key drivers and scenario analyses.

Skills

Advanced Excel

Communication

Critical thinking

DCF modelling

Education

Bachelor's degree in finance

CFA/CPA or MBA preferred

Job description

Morningstar in London is seeking an Associate Equity Analyst to support stock coverage, modeling, and research projects alongside senior analysts. The role is based in our London office with a hybrid work arrangement.

You will help build and maintain detailed discounted cash flow models, analyze moats and competitive positioning, and contribute to high-quality investment research for Morningstar's global insights team.