Associate Equity Research Analyst

The Group:

Morningstar’s Research group provides independent analysis on individual securities, funds, markets, and portfolios. The Research group also provides data on hundreds of thousands of investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on millions of equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, and our advocacy for investors’ interests is the foundation of our company.   

The Role:

Our Asian equities research group is seeking an equity research associate based in our Singapore office. The associate will work with senior analysts helping them cover companies in various industries and countries in the Asian region. Based on demonstrated capabilities, the Associate will be expected to progress to an Analyst role performing fundamental analysis within our well-defined research framework, writing research reports and determining fair values on a select group of stocks. They will also be accountable for pitching investment ideas internally and externally in accordance with Morningstar’s investment methodology. Fluency in both English and Mandarin with strong English-writing and presentation skills is required.

  

Responsibilities:   

• Assist analysts to produce value-added research that encompasses both the determination of a fair value estimate and a thorough examination of the company’s competitive position.
• Help analysts build valuation models on coverage companies primarily utilizing Morningstar’s discounted cash flow based valuation model.
• Summarize equity research released by the Asian Equity Research team daily for Morningstar’s global equity sales team.
• Reach out to Morningstar’s global research team to share ideas and information so that the team is kept informed of any relevant industry developments and also to form consistent, and complete analysis of the companies in question.

Requirements:   

• Be able to communicate well in English and Chinese (Mandarin) with strong English writing skills.
• Minimum of bachelor’s degree while a CFA designation is considered favorably. The candidate should be able to think critically, independently and with attention to detail and the facts.
• Some working experience as an associate analyst in the sell-side, buy-side or independent equity research fraternity is an advantage. However, we will consider individuals with no specific equity research experience provided they demonstrate a strong knowledge of financial analysis and a passion and aptitude for equity research.
• Work well within a team and be capable of respectfully accepting and providing constructive feedback.
• Make timely decisions under demanding deadlines, sometimes with incomplete information.
• Have an interest in developing financial modeling skills together with knowledge of business valuation techniques.
• Be passionate about looking at stocks from a long term, valuation based perspective. An awareness and understanding of the economic moat concept is desired.

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

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