L/S Semis Analyst (Multi-Strat)

Selby Jennings; Boston (MA); On-site; USD 150,000 - 175,000; Full time

Job summary

Selby Jennings is seeking an Investment Associate to join a newly established long/short equity team focused on the Semiconductor sector in Boston, reporting to the Portfolio Manager.

The role involves idea generation, company analysis, financial modeling, and portfolio monitoring across the Semiconductor value chain, with meaningful responsibility from day one.

You will engage with management teams and analysts, build and maintain valuation frameworks, and help shape investment ideas and memos.

Qualifications

• 1–4 years of relevant equity research or investing experience.
• Experience on buy-side or sell-side equity research.
• Strong passion for public markets and stock picking.
• Strong financial modeling, accounting, and valuation skills.
• Knowledge of semiconductor drivers, business models, and product cycles.
• Excellent analytical, written, and verbal communication skills.
• Thrives in a fast-paced, high-performance environment.

Responsibilities

• Conduct deep fundamental research on semiconductor companies across subsectors.
• Build and maintain detailed financial models, earnings forecasts, and valuation frameworks.
• Generate actionable long and short ideas through primary and secondary research.
• Analyze industry trends, competitive dynamics, product cycles, and emerging technologies.
• Monitor portfolio holdings, earnings releases, and key industry data points.
• Engage with company management teams, industry experts, suppliers, customers, and analysts.
• Prepare investment memos and communicate recommendations directly to the Portfolio Manager.

Skills

Financial modeling

Analytical skills

Equity research knowledge

Semiconductor industry knowledge

Communication skills

Job description

Company Overview

A leading multi-manager investment platform is seeking an Investment Associate to join a newly established long/short equity team focused on the Semiconductor sector. The team is led by an experienced Portfolio Manager and is in the early stages of building out coverage. This is an opportunity to join a growing investment platform that combines an entrepreneurial team environment with institutional resources, sophisticated risk management, and extensive research capabilities.

Role Summary

The team is looking for a highly motivated Investment Associate to support fundamental Semiconductor equity research efforts. Working directly alongside the Portfolio Manager, the successful candidate will be involved in idea generation, company analysis, financial modeling, and portfolio monitoring across the Semiconductor value chain. The role offers meaningful responsibility from day one and significant exposure to the investment decision-making process.

Key Responsibilities

• Conduct deep fundamental research on Semiconductor companies across various subsectors, including analog, digital, memory, foundry, equipment, and semiconductor capital equipment
• Build and maintain detailed financial models, earnings forecasts, and valuation frameworks
• Generate actionable long and short investment ideas through primary and secondary research
• Analyze industry trends, competitive dynamics, product cycles, and emerging technologies impacting the Semiconductor ecosystem
• Monitor portfolio holdings, earnings releases, channel checks, and key industry data points
• Engage with company management teams, industry experts, suppliers, customers, and sell-side analysts
• Prepare investment memos and communicate recommendations directly to the Portfolio Manager

Qualifications

• 1-4 years of relevant experience in equity research or investing, preferably covering Semiconductor equities
• Experience on either the buy-side (long/short or long-only) or sell-side Equity Research platform
• Demonstrated passion for public markets and fundamental stock picking
• Strong financial modeling, accounting, and valuation skills
• Knowledge of Semiconductor industry drivers, business models, and product cycles
• Excellent analytical, written, and verbal communication skills
• Ability to thrive in a fast-paced, high-performance investment environment

Location

Boston, MA

Compensation

$150K-$175K base salary plus discretionary performance bonus.