Equity Research Analyst, Financials – S&P Capital IQ, EMEA recruitment
· Have direct responsibility for coverage of companies. This includes the production of detailed valuation models, with extensive projection across all levels of the financial statements. This also includes commenting and analysis news events, as well as previewing quarterly results, and very quickly reacting when those results are published. A more thorough analysis of the news is then to be produced within a day. Analysts are expected to also produce reports that span their analysis across different companies in order to provide clients with insight about the industries covered.
· Service clients on coverage, providing investment recommendations to different types of clients. This includes advisors to private banking clients, that need recommendations to be put in the context of the market as a whole, as well as very experienced professional portfolio managers that usually require more detailed insight about a specific company. Servicing can be done in the form of one-to-one phone conversations, all the way to sector presentations to a wide audience.
· Manage analysts in sector. This includes coordinating our top-down and bottom-up views so that we approach the market in a coordinated way across sectors, and ensure that we service clients in a uniform way. This tends to necessitate coordination with more experienced analysts in the sector, but more intensive coaching with the less experienced analysts. Managers thus have an important role in developing the entire team, and ensure career development that is suited to all members of their team. Keeping analysts motivated, and servicing clients appropriately is a very valuable role that our managers fulfill. Finally, managers have to take responsibility for their group delivering on all commercially sensitive deadlines.
· Develop and maintain sector expertise, to enable the analyst to connect with a wider rang of clients, and offer an analysis that puts into context company specific information. Most clients take ownership of the recommendations that they make and look to analysts not to provide investment advice per se, but sector expertise instead. Managers also need to develop strong understanding of the sectors that they don't directly cover, in order to guide other analysts in the most positive way.
· Maintain contact with companies covered through regular phone calls (after events, or the publication of a report) as well as face-to-face meetings. Clients value the fact that analysts can talk to companies at the most senior levels. This inherently takes time and skill, as companies will only provide such access once they are convinced about the quality of an analyst.