Equity Research Analyst Bloomfield Hills, Michigan

Ancora - Bloomfield Hills, MI

Full-time - Mid Level

Bloomfield Hills, MI

Professional, Scientific, and Technical Services

About the position

Ancora is seeking an Equity Research Analyst who will play a crucial role in providing professional analysis of financial information. This position is primarily focused on the firm's small and small-mid cap strategies, requiring the analyst to forecast business, industry, and economic conditions that will assist equity managers in making informed investment decisions for both the firm and its clients. The analyst will be responsible for gathering and analyzing company financial statements to assess investment potential, ensuring that the research is current and reflects both large-scale and smaller day-to-day changes in the market. The Equity Research Analyst will conduct thorough research on industry, regulatory, and economic information, utilizing financial periodicals and newspapers to stay informed about related political events, market developments, and new investment products. Maintaining relationships with company management, investor relations consultants, and sell-side analysts is essential for gathering insights and enhancing the quality of analysis. The analyst will also be expected to use spreadsheets and statistical software to analyze financial data, identify trends, and develop forecasts and projections, which will be critical in measuring the risks associated with investment decisions. In addition to interpreting data concerning price, yield, stability, and future trends, the analyst will provide recommendations on investment timing and buy/sell orders to company and/or portfolio managers. Compiling reports that describe current and long-term trends in economic influences, as well as detailed financial data and analysis based on cash flow reports, industry analysis, and risk factors, will be a key responsibility. Collaboration with sales, trading, and other internal teams is also expected, requiring the analyst to adapt analysis and reporting to specific formats, templates, styles, and deadlines.

Responsibilities

• Gather and analyze company financial statements to assess investment potential.
• Research industry, regulatory, and economic information, as well as financial periodicals and newspapers to learn about related political events, market developments, and new investment products.
• Stay abreast of industry trends and news and other developments related to the assigned securities or sectors.
• Maintain relationships with company management, investor relations consultants, and sell-side analysts.
• Use spreadsheets and statistical software to analyze financial data, identify trends, and develop forecasts and projections.
• Interpret data concerning price, yield, stability, and future trends.
• Provide recommendations on investment timing and buy/sell orders to company and/or portfolio managers.
• Compile reports describing current and long-term trends in economic influences as well as detailed financial data and analysis based on cash flow reports, industry analysis, and risk factors.
• Collaborate with sales, trading, and other internal teams, adapting analysis and reporting to specific formats, templates, styles, and deadlines.

Requirements

• Bachelor's degree in Business, Finance, Accounting, or other related discipline required.
• 3+ years of investment industry experience.
• CFP or CFA designation preferred.
• Advanced Microsoft Office application skills including Word, Excel, and PowerPoint, with the ability to create custom models and reports.
• Ability to complete research via Bloomberg, Reuters, and various online sources.
• Demonstrates a solid understanding of how to interpret financial information and how it applies to making investment decisions.
• Attention to detail, ability to meet deadlines, and advanced problem-solving skills.