What are the responsibilities and job description for the Equity Research Analyst - Hybrid/Remote position at First American Bank?
Job Description
First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and assets of $5 billion. We are a community bank at heart with international expertise, traditional values, and a forward-looking philosophy. Our employees have the experience and vision to meet the needs of savers, borrowers, and businesses in the 21st century. First American Bank can offer employees a level of visibility, career growth, and stability that is difficult to find in many larger corporations.
The Investment Research Analyst is responsible for analyzing and recommending mutual funds; analyzing and recommending equities within assigned sectors; and serving clients and meeting Investment Department objectives through various responsibilities. In addition, this Analyst supports the Wealth Management Group in researching capital markets, serving clients, and developing new business.
DUTIES & RESPONSIBILITES
Mutual fund analysis
- Analyze, recommend, and monitor suitable mutual funds via independent research and third-party reports and data.
- Maintain and refine mutual fund screening and selection criteria and monitoring processes.
- Maintain the mutual fund approved list and watch list, considering the underlying fundamentals and performance metrics.
- Schedule and lead regular due diligence meetings with management teams for funds on the approved list or being considered for addition.
Equity analysis
- Identify critical drivers of shareholder value creation in assigned sectors.
- Monitor industry developments and evaluate absolute and relative valuations.
- Analyze equity investment opportunities and existing holdings using independent research, financial models, peer and value-chain analysis, and third-party reports and data.
- Present to strategy managers timely, well-reasoned, high-conviction equity investment recommendations.
General Investment department contributions
- Comply with current policies and procedures of the Investment Department and First American Bank.
- Assist in managing proprietary Asset Allocation and Collective Fund Models as needed.
- Support the Retirement Services Department in maintaining client relationships and aiding business development efforts.
- Actively participate in assigned committees to achieve investment objectives.
- Perform data gathering, analysis, and communication tasks as directed by Investment department leadership. Develop and maintain informative spreadsheets, earnings models, equity research reports, and economic and market presentations as directed by Investment department leadership.
- Disseminate investment information to clients, portfolio managers, and client advisors regarding performance, economic, and financial market trends.
- Work with colleagues and vendors to resolve client issues promptly and accurately.
- Conduct and complete additional assignments/projects as designated by management.
QUALIFICATIONS
- A bachelor’s degree is required; CFA and/or MBA preferred.
- A minimum of two years of experience in investment research is required.
- Demonstrated strong analytical skills are mandatory.Must speak clearly with external and internal contacts to effectively tailor a message suitable for audiences with different levels of expertise in capital markets and investments.
- Must communicate complex concepts in writing effectively and succinctly, using proper spelling and grammar.
- Maintain credibility through professional demeanor, appearance, and presence by modeling standards appropriate to our environment and industry.
- Maintain good working relationships with internal partners by exhibiting exemplary interpersonal skills, adopting a constructive, solutions-focused approach.
- Use sound professional judgment to balance the interests of the organization and customer, understanding and using available resources to mitigate risks.
- Proficiency with Microsoft 365 products and applications, including the ability to effectively prepare or review documents, procedures, and reports.
- Experience using Bloomberg, FactSet, and/or Morningstar Direct preferred.
- Demonstrated ability to learn new systems and applications, as well as the ability to understand, adapt and adjust responsibilities/workflows as a result of system upgrades.
- Travel may be required to other First American Bank locations, client meetings, and research events.
- Typical hours are Monday through Friday 8:00 a.m. to 5:00 p.m.
- Additional hours may be required depending upon business need.
- Punctuality is required to maintain First American Bank’s customer service standards.
