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In your role as Developed Market Equities Analyst, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to generate high-quality company and industry research and analysis. As an experienced Analyst within the Developed Market Equities (DME) team, you will produce high-quality investment research to support portfolio decisions, while reviewing and challenging the work of others. You’ll focus on sectors aligned to the team’s mandates, applying robust analysis, financial modelling, ESG considerations, and valuation techniques. You will also contribute to the ongoing development of the DME investment platform - supporting idea generation (including sustainability themes), refining analytical frameworks, and enhancing tools for valuation, thesis tracking, engagement and voting. Collaboration is key to this role. You’ll work closely with colleagues across the team, sharing knowledge, mentoring junior members, and helping to strengthen both internal capability and the external reputation of the equities business.
Job Responsibility
Identifying investment opportunities which align with the DME investment philosophy
Providing rigorous, fundamental research for each investment candidate to understand the business model, assess the company’s prospects and evaluate how the company is being valued by the market
Taking ownership of allocated investment candidates and holdings, ensuring up-to-date knowledge and awareness of key material investment considerations (including ESG) which will be significant over the investment horizon of USS
Documenting research (including engagement) and recommendations in line with the requirements set out in the Equities Documentation Requirements
Continually evaluating the validity of the initial investment hypotheses in light of real-world evidence
Seeking continuous improvement in the investment platform across all dimensions to deliver on the team’s objectives
Collaborating with other analysts within equities but also across the wider group - to include RI, PMG and Credit
Regular meetings with Head of DM/GEMs and Portfolio Managers regarding the mandates, the evolution of their investment ideas and improvements to the investment research process and team development and efficiency
Regular meetings with DM/GEMs colleagues on their investment ideas, improvements to their investment process and areas for individual development
Engaging with the Responsible Investment team to ensure appropriate measures and integration of ESG issues as part of their investment assessments
Communicating with sell side analysts, industry experts, consumers, and suppliers to support investment analysis
Leading meetings with company management in an appropriate manner, maintaining and upholding USSIM's reputation
Requirements
Experience in financial markets
Strong analytical ability
Regional specific experience - North America (Mid-level experience)
Sector specific experience - North America Technology, Media, Internet (Mid-level experience)
A good understanding of valuation techniques and fundamental analysis
A good understanding of corporate governance, public equity markets and Responsible Investment
Ability to represent USS externally in a professional manner
Proficiency in MS Office applications
Graphical presentation capability - PowerPoint or equivalent
Nice to have
Degree level education
Professional qualifications (working towards CFA or equivalent)
Programming capability (python or equivalent)
Familiarity with Bloomberg
What we offer
Great starting salary
Generous annual leave package
Access to a high quality pension scheme provided through Universities Superannuation Scheme
Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
Learning and development opportunities to develop your skills, knowledge and talent
Employee Volunteer Day’s to support the communities where you work and live