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BlackRock’s Fundamental Equities Emerging Market and Asia team is seeking a Research Analyst with primary responsibility of conducting independent North Asia consumer staples and discretionary (including discretionary IT) research. The job holder will be based in Hong Kong and will attend company meetings, trade shows, and conferences as required. The position is a compelling opportunity for a research analyst with demonstrable skills for fundamental research, financial analysis and knowledge of corporate business models. The analyst we seek will have an appreciation of investing with a strong focus on fundamentally driven returns. Working closely with other members of the team and the wider firm, this individual will conduct detailed fundamental research, make recommendations for inclusion of stocks into multiple strategies, as well as closely monitoring those companies while they are held in the funds.
Job Responsibility:
Identify potential investment in North Asia, collaborate with portfolio managers to evaluate investment theses, provide effective challenge where appropriate, ensuring they are backed by thorough research and data
Carry out independent industry research, including monitoring macroeconomic trends, technological innovations, regulatory changes, and geopolitical factors that could impact the portfolio
Attend industry conferences, earnings calls, and investor meetings to gather qualitative insights and assess company strategies, adjusting investment recommendations as necessary
Prepare detailed research reports and presentations to summarize key findings, updates and strategy’s performance, incl. semi-annual review with clients, sustainability thesis, etc
Stay current with market news, interpret news impact on stocks, and understand industry dynamics
Contribute to the team’s discussions of individual ideas, setting conviction within the wider research group and hence impacting portfolio strategies
Being an ambassador for the Fundamental Equities team, and BlackRock
Requirements:
Minimum of 4 years of relevant equity research experience, with sector exposure to consumer sectors
buy‑side experience is an advantage
Strong academic background with a Bachelor’s degree in Finance, Economics, or a related discipline
an MBA or Master’s degree is a plus
CFA Level II or III, or other relevant professional certifications, are preferred
Advanced proficiency in Excel, Bloomberg, and other investment analysis tools, together with strong analytical and communication skills
Additional technical capabilities such as Python, VBA, SQL, or similar tools are considered a plus
Nice to have:
Experience in fundamental research with required skills in Excel, and ability to use Bloomberg and Tableau (or other data modelling tools)
Past India coverage highly preferred
Strong financial modeling skills, including proficiency in DCF, comps, and ability to interpret financial statements to assess company health
Attention to detail to ensure that models and assumptions are accurate, up to date, and reflect the most current information
Strong writing and presentation skills, ability to communicate complex ideas simply, and understanding of report structure
Functional understanding of prompting GenAI tools to accelerate research process
Skills to include comparison of both corporate business models and share prices over the long-term
An understanding of all financial statements, the key drivers of shareholder return and multiple valuation techniques
Strong business sense: the candidate must possess an understanding of business models, industry dynamics, and competitive analysis
Independent thinking coupled with a proven ability to work with (and make an impact in) an established team
The ability to clearly articulate high conviction, well-thought-out, and supported investment ideas in both large and small group settings
The candidate must also demonstrate the ability to work more broadly within an organization where information-sharing is critical to the success of all teams across asset classes