Research Analys,t Long-Short - Technology

Janus Henderson Group; Denver, Northern (CO, KY); Hybrid; USD 225,000 - 275,000; Full time

Benefits offered by this job

Hybrid working

Health & wellbeing benefits

Volunteer time

Professional development

Parental leave

Job summary

Janus Henderson Investors seeks a senior Research Analyst specializing in technology, focusing on rigorous bottom‑up fundamental research to generate differentiated long and short ideas. You will build deep financial models assessing earnings, cash flow, and valuations, while evaluating industry cycles, strategy, and management quality.

The role requires extensive tech coverage, strong short‑selling understanding, and clear written and oral communication to Portfolio Managers.

Qualifications

• 7-10 years of equity investment research experience, with exposure to long/short or hedge fund‑style investing.
• Four‑year degree in finance, economics, accounting, engineering, computer science or a related discipline.
• Post‑graduate degree such as an MBA, or progress towards/completion of CFA and/or CPA qualifications.
• Prior experience covering technology companies within a long/short equity, hedge fund, asset management or equity research environment.
• Strong understanding of short‑selling mechanics, including borrow availability, short interest, stock loan dynamics, crowded positioning, and short squeeze risk.
• Experience analyzing software, semiconductors, internet, hardware, IT services or related technology subsectors.
• Demonstrated ability to generate high‑conviction long and short investment ideas supported by differentiated research, clear catalysts and thoughtful risk/reward analysis.
• Strong understanding of technology business models, industry structures, competitive dynamics and key sector drivers.
• Advanced financial modelling skills, including the ability to forecast revenue, margins, earnings, cash flows, valuation scenarios and sensitivity analyses.
• Strong analytical judgement, intellectual curiosity and attention to detail, with the ability to distinguish signal from noise in complex and fast‑moving markets.
• Excellent written and verbal communication skills, with the ability to present investment views clearly, concisely and persuasively.
• Ability to work independently, take ownership of research coverage and make informed recommendations while contributing effectively within a collaborative investment team.
• Strong interpersonal skills and credibility with company management teams, industry contacts and internal stakeholders
• High level of integrity, sound judgement and commitment to delivering strong outcomes for clients
• Established network of industry contacts and familiarity with alternative data, expert networks or channel‑check research techniques

Responsibilities

• Conduct rigorous, bottom-up fundamental research across the technology sector to generate differentiated long and short investment ideas.
• Develop and maintain detailed financial models to assess business quality, competitive positioning, earnings power, cash-flow generation, valuation, catalysts and downside risk.
• Identify attractive long and short investment opportunities by evaluating company fundamentals, industry structure, technology cycles, management quality, capital allocation and market expectations.
• Build deep sector expertise through company meetings, industry conferences, expert networks, channel checks and engagement with competitors, customers, suppliers and other relevant market participants.
• Communicate investment recommendations clearly and persuasively to Portfolio Managers through concise written research, investment notes, model outputs and verbal presentations.
• Monitor existing positions, sector developments and emerging risks, providing timely updates on thesis progression, catalysts, valuation changes and risk/reward dynamics.
• Contribute to portfolio discussions, risk reviews and broader investment team priorities, supporting a collaborative and performance‑oriented research culture

Skills

Equity research experience

Long/short investment

Financial modelling

Written communication

Independent research ownership

Industry networking

Analytical judgement

Valuation analysis

Education

Four-year degree in finance/economics/accounting/engineering/CS

MBA or CFA/CPA progress

Job description

Select how often (in days) to receive an alert:

Research Analys,t Long-Short - Technology

Division: US Equity

Why work for us?

A career at Janus Henderson is more than a job, it’s about investing in a brighter future together .

Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. We will do this by protecting and growing our core business, amplifying our strengths and diversifying where we have the right.

Our Values are key to driving our success, and are at the heart of everything we do:

Clients Come First - Always | Execution Supersedes Intention | Together We Win | Diversity Improves Results | Truth Builds Trust

If our mission, values, and purpose align with your own, we would love to hear from you!

Your opportunity

• Conduct rigorous, bottom-up fundamental research across the technology sector to generate differentiated long and short investment ideas
• Develop and maintain detailed financial models to assess business quality, competitive positioning, earnings power, cash-flow generation, valuation, catalysts and downside risk
• Identify attractive long and short investment opportunities by evaluating company fundamentals, industry structure, technology cycles, management quality, capital allocation and market expectations
• Build deep sector expertise through company meetings, industry conferences, expert networks, channel checks and engagement with competitors, customers, suppliers and other relevant market participants
• Communicate investment recommendations clearly and persuasively to Portfolio Managers through concise written research, investment notes, model outputs and verbal presentations
• Monitor existing positions, sector developments and emerging risks, providing timely updates on thesis progression, catalysts, valuation changes and risk/reward dynamics
• Contribute to portfolio discussions, risk reviews and broader investment team priorities, supporting a collaborative and performance‑oriented research culture

What to expect when you join our firm

• Hybrid working and reasonable accommodations
• Excellent Health and Wellbeing benefits including corporate membership to Wellhub
• Paid volunteer time to step away from your desk and into the community
• Support to grow through professional development courses, tuition/qualification reimbursement and more
• Maternal/paternal leave benefits and family services
• Unique employee events and programs including a 14er challenge
• Complimentary beverages, snacks and all employee Happy Hours

Must have skills

• 7-10 years of equity investment research experience, with exposure to long/short or hedge fund‑style investing
• Four‑year degree in finance, economics, accounting, engineering, computer science or a related discipline
• Post‑graduate degree such as an MBA, or progress towards/completion of CFA and/or CPA qualifications
• Prior experience covering technology companies within a long/short equity, hedge fund, asset management or equity research environment
• Strong understanding of short‑selling mechanics, including borrow availability, short interest, stock loan dynamics, crowded positioning, and short squeeze risk
• Experience analyzing software, semiconductors, internet, hardware, IT services or related technology subsectors
• Demonstrated ability to generate high‑conviction long and short investment ideas supported by differentiated research, clear catalysts and thoughtful risk/reward analysis
• Strong understanding of technology business models, industry structures, competitive dynamics and key sector drivers
• Advanced financial modelling skills, including the ability to forecast revenue, margins, earnings, cash flows, valuation scenarios and sensitivity analyses
• Strong analytical judgement, intellectual curiosity and attention to detail, with the ability to distinguish signal from noise in complex and fast‑moving markets
• Excellent written and verbal communication skills, with the ability to present investment views clearly, concisely and persuasively
• Ability to work independently, take ownership of research coverage and make informed recommendations while contributing effectively within a collaborative investment team
• Strong interpersonal skills and credibility with company management teams, industry contacts and internal stakeholders
• High level of integrity, sound judgement and commitment to delivering strong outcomes for clients
• Established network of industry contacts and familiarity with alternative data, expert networks or channel‑check research techniques

Investment areas

• Supports Janus Henderson’s centralized US equity research platform, with primary responsibility for technology sector coverage across long/short equity portfolios

Supervisory responsibilities

• No

Potential for growth

• Regular training
• Continuing education courses

Compensation information

The base salary range for this position is $225,000 - $275,000. This range is estimated for this role. Actual pay may be different. This position will be open through September 30, 2026.

Colorado law requires an estimated closing date for job postings. Please don't be discouraged from applying if you see this date has passed.

At Janus Henderson Investors we’re committed to an inclusive and supportive environment. We believe diversity improves results and we welcome applications from candidates from all backgrounds. Don’t worry if you don’t think you tick every box, we still want to hear from you! We understand everyone has different commitments and while we can’t accommodate every flexible working request, we’re happy to be asked about work flexibility and our hybrid working environment. If you need any reasonable accommodations during our recruitment process, please get in touch and let us know [e-mail]

#LI-LD1 #LI-HYBRID

Annual Bonus Opportunity:Position may be eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company, department, team and individual performance.

Benefits: Janus Henderson is committed to offering a comprehensive total rewards package to eligible employees that includes; competitive compensation, pension/retirement plans, and various health, wellbeing and lifestyle benefits. To learn more about our offerings please visit the Why Join Us section on the career pagehere .

Janus Henderson Investors is an equal opportunity employer.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks.

Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson at its sole discretion).

You should be willing to adhere to the provisions of our Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position.

You will be expected to understand the regulatory obligations of the firm, and abide by the regulated entity requirements and JHI policies applicable for your role.