Fundamental Equity Analyst

Our client is hiring fundamental equity analysts into several long/short teams in Asia Pacific. This is not a

single-pod, single-sector brief. Teams are adding coverage across industries; the common requirement

is the same: someone who actually likes taking companies apart, and who is technical enough to do it

properly.

Job Scope:

• Build and maintain full company models — income statement, cash flow, balance sheet, unit

economics, and the operating drivers behind them — that a PM can actually use to size risk.

• Do primary research: management and competitor meetings, channel checks, expert

conversations, industry fieldwork, and sell-side dialogue. Form an independent view. Do not

outsource the thesis to a note.

• Write investment work that is short, specific, and falsifiable: what you believe, why the market is

wrong or incomplete, what would change your mind, and how the position should be expressed.

• Cover a defined universe inside a sector team. Depth first. Breadth comes after you know the

companies.

• Track catalysts, estimate revisions, capital-structure change, and industry structure. Separate

noise from something that alters intrinsic value or the short thesis.

• Work with the team’s data and analytics resources. Comfort with alternative data, basic statistical

work, or Python/Excel automation is useful; it is not a substitute for accounting and industry

fluency.

• Debate ideas with the PM and other analysts. Defend the work. Update it quickly when the facts

move.

• Operate inside a multi-manager platform: risk limits, compliance, information barriers, and the

standard of documentation the firm requires.

Who this is for:

Essential

• Genuine interest in fundamental research — company analysis, not markets-as-a-sport. This

should be obvious from how you talk about businesses, not from a cover letter that says you are

passionate.

• Technical craft: clean financial modelling, accounting judgement (revenue recognition, working

capital, cash conversion, capital intensity, off-balance-sheet items), and the ability to link

operations to the statements.

• Two to eight years in a role where you were paid to understand companies: sell-side equity

research, long/short or long-only investing, investment banking coverage, or a comparable

research seat. Level is flexible across Associate to Senior Analyst.

• Evidence you can form and defend a variant view. Published notes, internal memos, or a live

book — the format matters less than whether the work is yours.

• Intellectual honesty. You change your mind when the evidence changes, and you can say what

you do not know.

• Pace and organisation. Several live names, a PM who wants answers the same day, and no

tolerance for sloppy numbers.

• Undergraduate degree or above. Strong academic record helps; it does not replace research

quality.

Good to have

• Existing sector depth in TMT, consumer, industrials, healthcare, financials, or another APAC-

relevant industry. Generalists with real research muscle will be mapped to a team.

• Prior long/short experience, or a sell-side / long-only analyst who has already thought in longs

and shorts rather than in ratings and target prices.

• Mandarin (spoken and written) or another North / Southeast Asian language, depending on the

book.

• Comfort working with datasets beyond reported financials — filings in local language, alternative

data, or simple quantitative overlays.

• Experience in Greater China, Japan, Korea, ASEAN, or pan-Asia ex-Japan coverage