Global Investment Research, Equity Research, TMT

Goldman Sachs•San Francisco, CA

11d•$150,000 - $225,000•Onsite

About The Position

This role is within Global Investment Research, focusing on Equity Research within the TMT sector. The analyst will work closely with the Equity Research team to conduct fundamental research, supporting coverage of approximately 30 public companies. The position involves developing and maintaining financial models, earnings analyses, and company forecasts. The analyst will serve as a lead associate on assigned stocks, responsible for financial modeling, earnings analysis, research production, and day-to-day coverage maintenance, while also providing backup coverage and sharing sector expertise. The role requires conducting independent primary and secondary research to identify investment opportunities and risks, monitoring company and industry developments, and communicating investment views to various stakeholders. The position also emphasizes contributing to research reports, thematic projects, and client presentations, while fostering a collaborative and intellectually curious team culture.

Requirements

Bachelor's degree in Finance, Economics, Accounting, Business, or a related field.
2+ years of experience in sell-side research, buy-side research, investment banking, valuation, or a related analytical role.
Demonstrated interest in pursuing a long-term career in sell-side Equity Research, with a genuine passion for fundamental research, investing and continuous learning.
Strong accounting, finance and valuation knowledge, including the ability to independently build and maintain three-statement financial models from a blank Excel worksheet and understand the relationships among the income statement, balance sheet and cash flow statement.
Exceptional attention to detail, with a proven ability to identify errors, validate assumptions, reconcile data and maintain high levels of accuracy across research products.
Strong research skills, including the ability to independently gather, evaluate and synthesize information from a variety of sources and develop thoughtful, evidence-based conclusions.
Strong analytical and data-oriented mindset with the ability to connect disparate information, identify emerging trends and convert research findings into actionable investment insights.
Self-starter with an ownership mentality who proactively identifies opportunities, anticipates potential risks, exercises sound judgment and consistently seeks ways to improve outcomes for the team and clients.
Resourceful, intellectually curious and motivated to explore questions independently, develop original insights and pursue answers without waiting for direction.
Collaborative team player with strong interpersonal and communication skills, a positive and professional demeanor and the confidence to identify issues, offer solutions, voice independent views, ask thoughtful follow-up questions and contribute constructively to discussions.
Coachable and receptive to feedback, with a demonstrated commitment to continuous improvement, intellectual curiosity and professional development within a fast-paced environment.

Nice To Haves

Bachelor's degree in Finance, Economics, Accounting, Business, or a related field.
2+ years of experience in sell-side research, buy-side research, investment banking, valuation, or a related analytical role.
Demonstrated interest in pursuing a long-term career in sell-side Equity Research, with a genuine passion for fundamental research, investing and continuous learning.
Strong accounting, finance and valuation knowledge, including the ability to independently build and maintain three-statement financial models from a blank Excel worksheet and understand the relationships among the income statement, balance sheet and cash flow statement.
Exceptional attention to detail, with a proven ability to identify errors, validate assumptions, reconcile data and maintain high levels of accuracy across research products.
Strong research skills, including the ability to independently gather, evaluate and synthesize information from a variety of sources and develop thoughtful, evidence-based conclusions.
Strong analytical and data-oriented mindset with the ability to connect disparate information, identify emerging trends and convert research findings into actionable investment insights.
Self-starter with an ownership mentality who proactively identifies opportunities, anticipates potential risks, exercises sound judgment and consistently seeks ways to improve outcomes for the team and clients.
Resourceful, intellectually curious and motivated to explore questions independently, develop original insights and pursue answers without waiting for direction.
Collaborative team player with strong interpersonal and communication skills, a positive and professional demeanor and the confidence to identify issues, offer solutions, voice independent views, ask thoughtful follow-up questions and contribute constructively to discussions.
Coachable and receptive to feedback, with a demonstrated commitment to continuous improvement, intellectual curiosity and professional development within a fast-paced environment.

Responsibilities

Conduct fundamental research within the Business & Information Services sector, supporting coverage of approximately 30 public companies.
Develop, maintain and enhance detailed financial models, earnings analyses, industry databases and company forecasts.
Serve as a lead associate on assigned stocks, responsible for financial modeling, earnings analysis, research production and day-to-day coverage maintenance.
Conduct independent primary and secondary research using company filings, industry sources, proprietary data, expert insights and other research tools to identify actionable investment opportunities and risks.
Monitor company developments, industry trends, competitive dynamics and macroeconomic events, proactively identifying investment implications and bringing new ideas, observations and insights to the team.
Contribute to the development of research reports, thematic projects, client presentations and other thought leadership initiatives.
Communicate investment views and research findings with the Equities Sales force, institutional investors, company management teams and internal stakeholders.
Take initiative in identifying emerging topics, investigating new research questions and developing differentiated insights that enhance the team’s research product and value to clients.
Contribute to a highly collaborative, team-oriented culture that emphasizes intellectual curiosity, continuous learning, strong judgment and long-term professional development.