Equity Research Analyst

CFA Institute; Madison (WI); On-site; USD 90,000 - 120,000; Full time

Job summary

CFA Institute in Madison, Wisconsin is seeking a highly motivated Equity Research Analyst to join our team. The role supports senior analysts in covering large-cap stocks, with a focus on Industrials and Financials.

You will conduct in-depth fundamental research, build financial models, and generate investment ideas. The position requires strong communication, analytical skills, and independence, and involves collaborating with the Investment Management team to inform the investment process and

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• 2+ years of relevant equity research experience, preferably large-cap coverage.
• Relocation to Madison, WI
• Advanced proficiency in financial modeling and valuation techniques.
• Superior communication skills, verbal and written, with ability to articulate complex concepts clearly.
• Strong analytical and detail-oriented mindset; able to manage multiple projects.

Responsibilities

• Conduct in-depth fundamental research on large-cap public companies.
• Build and maintain detailed financial models including income statements, balance sheets, cash flow statements, and valuation models (e.g., DCF, comps, sum-of-the-parts).
• Generate and recommend new investment ideas by identifying key trends, catalysts, and risks.
• Write detailed research reports and present findings to senior portfolio managers and the investment team.
• Monitor existing investments and update research as new information becomes available.
• Stay current on industry news, regulations, and competitive landscapes to inform research and analysis.
• Collaborate with senior staff from the Investment Management team to support their research needs.

Skills

Financial modeling

Valuation techniques

Communication skills

Analytical thinking

Independent work

Education

Bachelor's degree in Finance/ Economics/Accounting

Tools

Bloomberg

FactSet

Excel

PowerPoint

Job description

We are seeking a highly motivated Equity Research Analyst to join our team in Madison, Wisconsin. The ideal candidate will have prior experience supporting a senior analyst in covering large-cap stocks. Experience covering Industrials and/or Financials would be helpful. This role is a unique opportunity to contribute to our investment process by providing in-depth, fundamental research. We are looking for someone who is curious, analytical, independent, a strong communicator, and self-motivated, with high integrity.

Duties

• Conduct in-depth fundamental research on large-cap public companies.
• Build and maintain detailed financial models including income statements, balance sheets, cash flow statements, and valuation models (e.g., DCF, comparable company analysis, sum-of-the-parts).
• Generate and recommend new investment ideas by identifying key trends, catalysts, and risks.
• Write detailed research reports and present findings to senior portfolio managers and the investment team.
• Monitor existing investments and update research as new information becomes available.
• Stay current on industry news, regulations, and competitive landscapes to inform research and analysis.
• Collaborate with senior staff from the Investment Management team to support their research needs.

The ideal candidate will possess the following attributes/skills

• Bachelor's degree required in Finance, Economics, Accounting, or a related field.
• 2+ years of relevant experience as an equity research analyst, preferably covering the Industrial and/or Financial sectors.
• Relocation to Madison, WI
• Advanced proficiency in financial modeling and valuation techniques.
• Superior communication skills, both verbal and written, with the ability to articulate complex financial concepts clearly and concisely.
• Exceptional analytical and critical thinking skills with a strong attention to detail.
• Proven ability to work independently and manage multiple research projects simultaneously.
• Strong working knowledge of financial data platforms such as Bloomberg, and FactSet.
• Proficiency in the Microsoft Office suite, particularly Excel and PowerPoint.