Job Title
Research Analyst
Job Summary
We seek to hire an experienced generalist who can conduct bottoms-up proprietary research and develop unique qualitative insights to underwrite long term equity investments (3-5 years). We have a collaborative team-oriented culture that encourages healthy debate. This is a partner-track role; Competitive compensation and benefits are offered.
The Company
Founded in 2014, Dorsey Asset Management is a boutique firm managing a single, concentrated, long-only, global equity strategy. Our concentrated (10-15 positions) global portfolio focuses on businesses with sustainable competitive advantages and secular growth potential. The firm manages over $1.4b for institutions, is 100% employee owned and based in Chicago.
Responsibilities
• Creative sourcing of original ideas appropriate for our portfolio.
• Investigative journalist approach to company and sector due diligence by self-sourcing contacts, attending industry events and performing other relevant fieldwork. 20-30% travel expectation.
• Thorough written documentation of primary research.
• Recommend investments (>$3b market cap) for a 10-15 stock portfolio.
• Commitment to following and helping to iterate a repeatable investment process.
• Build and maintain full financial models.
• Build and maintain relations with company management and investor relations.
• Work in our downtown Chicago office. There is no remote or hybrid opportunity for this position.
Qualifications
• Bachelor’s degree
• At least 3 years of relevant experience (public market, private equity or equity research)
• Deep intellectual curiosity. Willingness to learn new business models. Able to creatively approach due diligence.
• Integrity, humility, and a commitment to continuous self-improvement are critical attributes.
• Strong idea sourcing capability.
• Strong understanding of accounting and finance concepts.
• Financial modeling proficiency.
• Interest in working in a team capacity and engaging in collegial debates on the merits of investment ideas.
• Strong written and oral communication skills.
How to Apply
Interested applicants should send the following to [email protected], with the subject line “Research Analyst Position – Firstname Lastname”. Applications must include 3 separate PDF files as attachments: 1 page resume; 1 page cover letter describing your fit for this role; and an investment memo.
Dorsey Asset Management is an equal opportunity employer. We prohibit discrimination in all aspects of employment based on race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, national origin, veteran status or any other characteristic protected by applicable law.