Research Analys,t Long-Short - Technology

Janus Henderson Investors•Denver, CO

42d•$225,000 - $275,000•Hybrid

About The Position

This role supports Janus Henderson’s centralized US equity research platform, with primary responsibility for technology sector coverage across long/short equity portfolios. The company is committed to an inclusive and supportive environment, believing that diversity improves results. They welcome applications from candidates of all backgrounds and encourage those who may not tick every box to apply. Flexibility regarding work arrangements can be discussed, and reasonable accommodations are available during the recruitment process.

Requirements

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.

Benefits

Hybrid working and reasonable accommodations
Generous Holiday policies
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
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.
Competitive compensation
Pension/retirement plans