Equity Research Analyst - Technology

UBS•Chicago, IL

2d•$170,000 - $225,000•Hybrid

About The Position

This role is for an Equity Research Analyst focusing on the Technology sector. The analyst will leverage their expertise in equity markets and portfolio management to identify new investment opportunities and manage portfolios. The position involves generating investment ideas, conducting proprietary research, building financial models, and translating analysis into clear investment recommendations. The analyst will collaborate closely with portfolio managers, assess industry trends, and communicate insights through written notes and presentations. The team is global, with a philosophy centered on identifying high-conviction ideas based on rigorous assessment of intrinsic value. The culture is collaborative, emphasizing disciplined valuation, independent thinking, and constructive debate.

Requirements

Ideally 7+ years of equity research, buy-side, or sell-side experience, with direct coverage of technology companies.
Strong understanding of software, semiconductors, internet, IT services, digital platforms, cloud computing, AI, and/or emerging technology business models.
Advanced accounting, valuation, and financial modeling capabilities, including experience analyzing technology-specific metrics such as ARR, revenue retention, unit economics, user engagement, and operating leverage.
Demonstrated ability to originate, structure, and defend investment ideas supported by rigorous analysis.
Strong understanding of technology industry trends, competitive dynamics, innovation cycles, and disruptive business models.
Strong academic credentials in finance, economics, engineering, computer science, or a related field.
Experience turning complex analysis into well-supported investment recommendations.
Ability to communicate investment views clearly both in writing and in discussion.
Critical thinker and self-starter, with a focus on detail and quality of outcomes.
Comfortable working closely with others while progressing work independently.
Curious to explore how AI can improve how we build, deliver, and optimize workflows, with sound judgment, validating outputs and aligning with policies, risk standards, and ethical use.

Nice To Haves

MBA or CFA preferred.

Responsibilities

Generate differentiated bottom-up investment ideas across the technology sector (e.g., software, semiconductors, internet, IT services, digital platforms, AI and emerging technologies) for client portfolios.
Conduct proprietary research through management meetings, industry expert calls, conferences, product analysis, channel checks, filings, and data analysis to formulate differentiated insights and high-conviction investment views.
Build and maintain detailed financial and valuation models, incorporating key technology-specific drivers such as revenue growth, margin expansion, product adoption, recurring revenue trends, and competitive dynamics.
Translate detailed fundamental analysis into clear investment recommendations that support portfolio decisions.
Partner closely with portfolio managers to move ideas from research into portfolios.
Assess industry trends, technological disruption, competitive positioning, and long-term growth opportunities to develop comprehensive investment recommendations and risk assessments.
Communicate insights clearly and succinctly through written notes and presentations to colleagues and clients.