Global Value, Research Analyst

First Eagle Investments; New York (NY); Hybrid; USD 140,000 - 165,000; Full time

Benefits offered by this job

Paid time off

Medical/Dental/Vision

401(k) retirement

Profit-sharing

Hybrid work environment

Dress for the day

Job summary

First Eagle Investments seeks a Research Analyst to join the New York Global Value team, managing over $130B in AUM. The role emphasizes a bottom-up, fundamental approach, with opportunities to analyze global companies and assess intrinsic value through rigorous modeling and primary research.

Candidates should have an undergraduate degree and 3–5 years in buy-side equity research or private equity, plus strong communication and teamwork skills.

Qualifications

• 3-5 years of experience as an analyst in buy-side equity research or private equity
• Undergraduate degree required
• Strong analytical ability and attention to detail
• Solid accounting capabilities and ability to interpret documents
• Proficiency in financial modeling and various valuation methods

Responsibilities

• Perform detailed financial analysis and modeling in support of portfolio managers
• Conduct primary research
• Analyze and understand business models through document-driven analysis
• Recast financial statements to reflect economics and intrinsic value
• Attend investment meetings with senior management

Skills

Analytical ability

Attention to detail

Modeling skills

Valuation methods

Communication skills

Self-starter

Entrepreneurial mindset

Time management

Collaboration

Education

Undergraduate degree

Job description

Who we are looking for:

We are seeking a Research Analyst to join the New York Global Value team which manages >$130Bn in AUM with global coverage. We are “long only” investors that manage mutual funds, separate accounts and off-shore funds. The Global Value strategy seeks to deliver attractive real returns while preserving our investors’ capital over time by using a value approach to invest in global markets. The investment team follows a bottom-up, fundamental approach focusing on companies with quality businesses that they believe have above-average sustainable profitability while trading at a significant discount to their intrinsic values.

What you will do:

• Perform detailed financial analysis and modeling in support of the portfolio managers
• Conduct primary research
• Analyze and understand business models through document driven analysis
• Recast financial statements to focus on true economic earnings, margin of safety and intrinsic value
• Attend investment meetings with senior management

The qualities you should have:

• Undergraduate degree
• 3-5 years of experience as an analyst in buy-side equity research or private equity
• Superb analytical ability and attention to detail
• Solid accounting capabilities and passion for digging through the documents
• Strong modeling skills and a firm grasp of a variety of valuation methods
• Investment style consistent with First Eagle’s approach, including long-term investment horizon, absolute return focus and aversion to permanent capital loss
• High level of intellectual honesty, humility and critical thinking capabilities
• Contrarian mindset, willing to go beyond what management tells them and dig deeper
• Demonstrated ability to effectively organize tasks, manage time, set priorities and deadlines
• A collegial and collaborative team player who is capable of partnering with a wide range of investors, including all of the Global Value team’s equity-oriented sector analysts and portfolio managers
• Excellent communication skills, with capacity to articulate investment insights to colleagues and clients alike
• Self-starting, entrepreneurial and resourceful

Base Salary range: $140,000 to $165,000. In addition, this role is eligible for an annual incentive bonus. Compensation may vary based upon, but not limited to – the individual’s skills, experience, qualifications, location, and internal equity.

We value our people and offer a broad range of benefits. We provide generous paid time-off, medical/dental/vision healthcare plans, 401(k) retirement and profit-sharing plans, a flexible/hybrid work environment, “dress for the day” flexible work attire, and many more great benefits. For more information, please refer to our First Eagle Benefits website.

First Eagle Investments and their affiliates and subsidiaries is an Equal Opportunity Employer. Equal Employment Opportunity has been, and will continue to be, a fundamental principle at First Eagle, where employment is based upon personal capabilities and qualifications without regard to race, color, religious belief, including dress and grooming practices, sex, sexual orientation, gender identity, gender expression, age, national origin, marital status, citizenship, disability, veteran status, pregnancy, breastfeeding or medical conditions related to breastfeeding, status as a victim of domestic violence, sexual assault, or stalking, or any other basis protected by applicable federal, state or local law, genetic information or characteristics (or those of a family member), or any other protected characteristic as established by law.