Long/Short Equity Analyst

CFA Institute; Greater London; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading hedge fund is seeking a Fundamental Equity Analyst to work directly alongside a Portfolio Manager, focusing on either Financials or Industrials. The successful candidate will generate differentiated long and short investment ideas through deep fundamental research, financial analysis, and industry due diligence.

This is a highly visible role offering direct exposure to investment decision-making and portfolio impact.

Qualifications

• 2-6 years of experience in Long/Short Equity for the buy side.
• Strong financial modelling, accounting, and valuation skills.
• Independent fundamental research and differentiated investment views.
• Experience covering Financials or Industrials is preferred.
• Excellent analytical, communication, and presentation skills.
• Thrives in a fast-paced hedge fund environment.
• Genuine passion for investing and public markets.
• CFA designation or progress towards CFA is advantageous.

Responsibilities

• Conduct in-depth fundamental research on Financials or Industrials.
• Develop high-conviction long and short ideas with clear catalysts.
• Build and maintain complex financial models and valuations.
• Monitor earnings, regulatory developments, and macro trends.
• Engage with management, industry experts, and sell-side analysts.
• Present investment recommendations to the Portfolio Manager.
• Track portfolio positions and reassess risk/reward dynamics.
• Identify opportunities where market expectations diverge from fundamentals.

Skills

Fundamental research

Financial modelling

Valuation analysis

Analytical thinking

Communication & presentation

Education

CFA designation or progress towards CFA

Job description

Long/Short Equity Analyst (Financials or Industrials)

Location: London

Experience: 3-6 Years

Strategy: Fundamental Long/Short Equity

A leading hedge fund is seeking a Fundamental Equity Analyst to work directly alongside a Portfolio Manager, focusing on either Financials or Industrials. The successful candidate will be responsible for generating differentiated long and short investment ideas through deep fundamental research, financial analysis, and industry due diligence. This is a highly visible role offering direct exposure to investment decision-making and the opportunity to contribute meaningfully to portfolio performance.

Key Responsibilities

• Conduct in-depth fundamental research on companies within the Financials or Industrials sectors.
• Develop high-conviction long and short investment ideas supported by detailed analysis and clear catalysts.
• Build and maintain complex financial models, earnings forecasts, and valuation frameworks.
• Monitor company developments, earnings releases, industry trends, regulatory changes, and macroeconomic factors.
• Perform channel checks and engage with management teams, industry experts, competitors, and sell-side analysts.
• Present investment recommendations directly to the Portfolio Manager and defend investment thesis with conviction.
• Track portfolio positions and continuously reassess risk/reward dynamics.
• Identify variant perceptions and opportunities where market expectations diverge from underlying fundamentals.

Sector Coverage

Financials

• Banks
• Insurance
• Diversified Financials
• Asset & Wealth Management
• Exchanges
• FinTech
• Consumer & Specialty Finance

Candidates should possess a strong understanding of balance sheet analysis, capital ratios, asset quality, profitability drivers, regulatory developments, and valuation methodologies such as P/TBV and ROE-based frameworks.

Industrials

• Capital Goods
• Machinery
• Aerospace & Defence
• Transportation & Logistics
• Building Products
• Engineering & Construction
• Industrial Services
• Electrical Equipment

Candidates should understand industrial end markets, order books, backlog trends, margin drivers, operational leverage, capital expenditure cycles, and valuation methodologies relevant to cyclical businesses.

Requirements

• 2-6 years of experience within Long/Short Equity for the buy side, sell-side profiles will need a minimum of 5 years.
• Strong financial modelling, accounting, and valuation skills.
• Demonstrated ability to conduct independent fundamental research and develop differentiated investment views.
• Experience covering Financials or Industrials is strongly preferred.
• Genuine passion for investing, public markets, and stock picking.
• Excellent analytical, communication, and presentation skills.
• Ability to thrive in a fast-paced, performance-oriented hedge fund environment.
• Strong academic background; CFA designation or progress towards CFA is advantageous.

Ideal Candidate

• Naturally curious with a strong commercial mindset.
• Capable of generating actionable investment ideas independently.
• Comfortable challenging consensus views and defending investment recommendations.
• Looking to take on increasing responsibility and develop into a senior investor over time.