Research Analyst (Global Value)

First Eagle Investments•New York, NY

1d•$140,000 - $165,000•Hybrid

About The Position

We are seeking a Research Analyst to join the New York Global Value team which manages >$130Bn in AUM with global coverage. We are “long only” investors that manage mutual funds, separate accounts and off-shore funds. The Global Value strategy seeks to deliver attractive real returns while preserving our investors’ capital over time by using a value approach to invest in global markets. The investment team follows a bottom-up, fundamental approach focusing on companies with quality businesses that they believe have above-average sustainable profitability while trading at a significant discount to their intrinsic values.

Requirements

Undergraduate degree
3-5 years of experience as an analyst in buy-side equity research or private equity
Superb analytical ability and attention to detail
Solid accounting capabilities and passion for digging through the documents
Strong modeling skills and a firm grasp of a variety of valuation methods
Investment style consistent with First Eagle’s approach, including long-term investment horizon, absolute return focus and aversion to permanent capital loss
High level of intellectual honesty, humility and critical thinking capabilities
Contrarian mindset, willing to go beyond what management tells them and dig deeper
Demonstrated ability to effectively organize tasks, manage time, set priorities and deadlines
A collegial and collaborative team player who is capable of partnering with a wide range of investors, including all of the Global Value team’s equity-oriented sector analysts and portfolio managers
Excellent communication skills, with capacity to articulate investment insights to colleagues and clients alike
Self-starting, entrepreneurial and resourceful

Responsibilities

Perform detailed financial analysis and modeling in support of the portfolio managers
Conduct primary research
Analyze and understand business models through document driven analysis
Recast financial statements to focus on true economic earnings, margin of safety and intrinsic value
Attend investment meetings with senior management