Equity Research Analyst - Media, Entertainment and Internet
Job Description:
Position Summary
Guggenheim is seeking a qualified candidate as a sell-side Equity Research Analyst covering the Media and Internet industries. The coverage group includes many of the largest corporations in the sector including Alphabet, Netflix, The Walt Disney Company and Spotify. The team strives to serve investors on the leading edge of these industries, as reflected in recent coverage expansion including Reddit and Universal Music Group.
This person will be responsible for following the progress of public and private media companies and supporting the Senior Research Analyst and will be expected to develop a thorough understanding of the dynamic coverage universe. In addition to excellent writing skills, financial modeling, and communication skills, the ideal candidate will demonstrate high aptitude for gathering and synthesizing relevant primary market data. Candidate must be able to demonstrate a willingness to conduct ongoing independent market research and related industry networking. The ability to convey an investment message through a written research report is key to the success of this hire.
Essential Job Functions
• Analyze individual Digital, Media and Entertainment companies and market trends
• Conduct primary research, including but not limited to: financial analysis, due diligence on industry trends, company management, and strategies
• Draft reports/notes on relevant investment themes, events, and breaking news
• Prepare regular written research reports that summarize the findings of analysis, including estimates of expected current year business results
• Provide support to the Senior Analyst through fundamental analysis with an emphasis on original, bottoms-up research in the Media and Internet sectors
• Contribute to building valuation models
• Write notes in response to daily news flow, keep the Senior Analyst up-to-date on important news and adjust financial models and files to reflect latest information
• Update analyst marketing handout regularly
• Organize calls for investors and investor events.
• Interact with the Firm's institutional sales force and investor clients
• Respond to client and internal inquiries regarding research findings and directives
Basic Qualifications
• BA/BS Degree
• Proficient in Microsoft Office, Excel, PowerPoint, Word, and familiarity with AI applications
• Must have or obtain Series 7, 63, 86 and 87 licenses within 6 months of hire
• Experience in modeling financial statements, including forecasting product revenues; familiarity with discounted cash flows, valuation, and net present value calculations; ability to analyze large sets of data to determine trends and strong conclusions
• Understanding of capital markets and stock markets, and a passion for investing
Preferred Qualifications
• Comfortable with large data sets and reporting
• Outstanding analytical skills; ability to conduct deep primary research, analysis, and draw conclusions from information
• Excellent written and oral communication skills to successfully convey investment messages, ideas, or nuances to team members, salespeople, and/or traders
• Strong interpersonal relationship skills and style conducive to building relationships
• Ability to thrive in a fast- paced, deadline-driven environment; self-starter with a proven commitment to producing high quality work
• Team oriented, unquestionable honesty and integrity, intellectual curiosity, and dedication to providing clients with the best products
• Ability to deliver under pressure and meet deadlines effectively
Work Location
• Currently, this role is expected to be in the Richmond, Virginia office at least 4 days per week.
Salary
• Annual base salary of $100,000.
• The base salary represents the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us:
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.
For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.
Guggenheim Securities, LLC ("GS") does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.
