About the Role
Our investment philosophy is grounded in fundamental, bottom-up research and a long-term value investing approach. We seek to compound capital by investing in high-quality businesses trading at meaningful discounts to intrinsic value, with a focus on independent thinking, disciplined analysis, and patience.
We are seeking an Investment Research Analyst to join our investment team. This role offers the opportunity to work closely with the Principal and contribute directly to investment decisions across a concentrated, global portfolio. The successful candidate will conduct deep fundamental research, develop valuation frameworks, generate original investment ideas, and help monitor existing holdings across multiple markets.
This position is ideally suited to an intellectually curious and analytically rigorous investor who enjoys understanding businesses at a deep level, is comfortable forming independent views, and possesses a genuine passion for long-term capital allocation.
Key Responsibilities
Equity Research & Investment Analysis
- Conduct comprehensive bottom-up fundamental research on publicly listed companies across our coverage universe, including Switzerland, Liechtenstein, Europe, Singapore, Australia, and Canada.
- Analyse business models, competitive positioning, management quality, industry structure, capital allocation decisions, and long-term value creation potential.
- Review annual reports, earnings releases, investor presentations, regulatory filings, and other primary source materials to develop differentiated investment insights.
- Build a deep understanding of the key drivers affecting portfolio companies and prospective investments.
Financial Modelling & Valuation
- Develop and maintain detailed financial models incorporating historical analysis, operating forecasts, scenario testing, and sensitivity analysis.
- Apply a range of valuation methodologies, including discounted cash flow analysis, dividend discount models, sum-of-the-parts valuation, asset-based valuation, and relative valuation techniques.
- Assess intrinsic value, downside risk, and expected return potential under various operating and market scenarios.
- Continuously refine assumptions as new information becomes available and challenge existing investment conclusions where appropriate.
Investment Idea Generation
- Independently identify and evaluate new investment opportunities across a broad range of sectors, market capitalisations, and geographies.
- Utilise quantitative screening tools, industry research, corporate filings, and professional networks to source potential investments.
- Generate original investment theses supported by robust analytical work and clearly articulated risk-reward assessments.
- Explore both long and opportunistic short candidates where relevant.
Portfolio Monitoring & Research Maintenance
- Monitor portfolio holdings and watchlist companies on an ongoing basis.
- Update financial models, valuation frameworks, and investment theses as developments occur.
- Track earnings results, management commentary, industry developments, corporate actions, and regulatory changes.
- Identify changes in business fundamentals that may impact investment conviction or valuation assumptions.
Investment Committee & Team Support
- Prepare detailed investment memoranda, research reports, and presentation materials for internal review.
- Present research findings, investment recommendations, and valuation conclusions to the Principal and investment team.
- Contribute actively to investment discussions, portfolio reviews, and idea-generation meetings.
- Maintain high-quality research documentation and ensure investment records remain current and well organised.
Typical Activities
- Reading annual reports, earnings releases, proxy statements, and regulatory filings.
- Updating and refining financial models based on new information.
- Conducting industry and competitor analysis.
- Screening markets for potential investment opportunities.
- Preparing investment memoranda and valuation updates.
- Participating in investment discussions and portfolio reviews.
- Monitoring macroeconomic, regulatory, and market developments relevant to portfolio companies.
Essential Qualifications & Experience
- Bachelor's degree in Finance, Economics, Accounting, Business, Engineering, Mathematics, or a related analytical discipline.
- Approximately 3-5 years of relevant experience in equity research, asset management, private investments, investment banking, or a comparable analytical role.
- Strong grounding in financial statement analysis, corporate finance, valuation, and business analysis.
- Demonstrated experience building integrated financial models from first principles.
- Ability to independently assess investment opportunities and form reasoned investment views supported by evidence.
- Excellent written communication skills, with the ability to articulate complex investment concepts clearly and concisely.
- Advanced proficiency in Excel and financial analysis tools.
Preferred Qualifications
- CFA Charterholder, CFA Level II/III candidate, or equivalent professional qualification.
- Familiarity with one or more of our core markets, including Switzerland, Europe, Singapore, Australia, or Canada.
- Experience analysing small- and mid-cap companies where primary research and independent thinking are critical.
- Bloomberg, FactSet, Capital IQ, Refinitiv, or equivalent platform experience.
- Exposure to Python, SQL, or other data analysis tools for investment research.
Other Information
- EA License Name & License Number: SMTP Consult Pte. Ltd. (23C1754)
- EA Personnel Name & Registration Number: Keith Wong (R24125987)
