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Research Analyst (Chicago)

Dorsey Asset Management

ChicagoFull-timeMid LevelOn-site

Job Description

Job Title Research Analyst Job Summary We seek to hire an experienced generalist who can conduct bottoms-up proprietary research and develop unique qualitative insights to underwrite long term equity investments (3-5 years). We have a collaborative team-oriented culture that encourages healthy debate. This is a partner-track role; Competitive compensation and benefits are offered. The Company Founded in 2014, Dorsey Asset Management is a boutique firm managing a single, concentrated, long-only, global equity strategy. Our concentrated (10-15 positions) global portfolio focuses on businesses with sustainable competitive advantages and secular growth potential. The firm manages over $1.4b for institutions, is 100% employee owned and based in Chicago. Responsibilities • Creative sourcing of original ideas appropriate for our portfolio. • Investigative journalist approach to company and sector due diligence by self-sourcing contacts, attending industry events and performing other relevant fieldwork. 20-30% travel expectation. • Thorough written documentation of primary research. • Recommend investments (>$3b market cap) for a 10-15 stock portfolio. • Commitment to following and helping to iterate a repeatable investment process. • Build and maintain full financial models. • Build and maintain relations with company management and investor relations. • Work in our downtown Chicago office. There is no remote or hybrid opportunity for this position. Qualifications • Bachelor’s degree • At least 3 years of relevant experience (public market, private equity or equity research) • Deep intellectual curiosity.

Willingness to learn new business models. Able to creatively approach due diligence. • Integrity, humility, and a commitment to continuous self-improvement are critical attributes. • Strong idea sourcing capability. • Strong understanding of accounting and finance concepts. • Financial modeling proficiency. • Interest in working in a team capacity and engaging in collegial debates on the merits of investment ideas. • Strong written and oral communication skills.

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