Domestic Investment Analyst

Future Opportunities with Our Research Team

If you're passionate about investment research and aligned with our values, we’d love to hear from you—even if there isn’t a current opening on our Research Team. By submitting your resume, you’ll join our talent community, and we’ll keep you informed about future Analyst opportunities that match your expertise and aspirations.

The Position

Harris Associates is a Chicago-based, buy-side investment management firm with $96 billion of assets under management. At our core, we are value investors. Our analysts employ a fundamental-focused, bottom-up research process to identify undervalued companies in the public market. We view a share of stock as ownership in a business and invest with a multi-year time horizon. Our research analysts are generalists, meaning they can recommend any company as an investment idea regardless of business sector or cap size. Our generalist model lends itself to frequent collaboration and debate among our analyst team, which we view as vital to our investment decision-making process. Our unique culture and investment process has led to strong performance for our clients for more than four decades.

The US Investment Associate is responsible for assisting analysts in identifying investment opportunities, assessing intrinsic value, and articulating the case for ideas to the US investment team. Associates will utilize a rigorous and thorough investigative process including company visits, meetings with industry contacts, detailed financial analysis, and other appropriate research tools to identify attractive and evaluate investments. They will work directly with analysts in interacting with company management teams, developing contacts to further industry knowledge, analyzing financial information relating to how an organization is positioned, developing detailed financial models to estimate intrinsic value and communicating their findings to the US research team.

Responsibilities

• Assist US Investment Analysts in performing fundamental research to identify investment opportunities, assess intrinsic value, and identify the risks and potential returns of various investment opportunities
• Develop detailed financial models underpinning value estimates which feed into our research database
• Conduct industry and company competitive analysis to determine the sustainability of returns and potential risks
• Contribute to investment process by sharing opinions on businesses and challenging existing group beliefs
• Develop and maintain research tools including models, databases, and spreadsheets
• Perform other duties and special projects as needed including due diligence related research projects, statistical analysis and industry level analysis

Qualifications

• Understanding of accounting, financial statement analysis and company valuation methodologies
• Ability to prepare detailed and accurate financial models for various businesses
• Ability to efficiently conduct fundamental research, including the evaluation of business economics, industry structures and competitive dynamics
• Logical thinker with ability to critically analyze key thesis points and to offer differentiated perspectives – all while remaining receptive to feedback
• Communication skills including the ability to effectively share research conclusions and communicate pertinent viewpoints
• Team player who enjoys asking questions, expressing opinions and being actively engaged in internal discussions regarding investment strategy and portfolio holdings
• Passion for value investing combined with a strong work ethic, integrity, and a commitment to personal development