Senior Analyst, Financials (I&G

Position Summary

Join our Income & Growth team as a Research Analyst, responsible for generating high conviction investment insights across the US Financial Services sector. The analyst will work as part of a team to drive the process of stock selection within the US Financial Services sector in collaboration with portfolio managers on the platform. This role is based in the vibrant city of San Diego, CA, offering a dynamic environment to grow your career.

The ideal candidate brings a sophisticated understanding of banks, insurers, asset managers, fintech, specialty finance, and/or other financial subsectors, along with a proven track record of producing differentiated research that drives alpha. Specific experience covering the US Banking sector within Financial Services is preferred, though not required. This role requires deep industry expertise, strong analytical judgment, and the ability to influence portfolio construction decisions.

The analyst will develop and communicate investment recommendations based on comprehensive industry and company research, relying on various sources of information including, but not limited to, review of public documents, annual reports, trade journals, networking with industry contacts as well by interaction with senior management teams within the sector. The analyst will aid in the development of a quantitative screen which will be used to focus on investment ideas consistent with the underlying investment philosophy of the platform.

The analyst will be expected to effectively communicate both in written and oral formats, explain and defend buy and sell ideas to the portfolio managers.

• Lead fundamental research coverage of financial institutions, including banks, insurance companies, fintech platforms, and other specialty finance businesses.
• Develop detailed financial models, valuation frameworks, and scenario analyses to assess company performance, capital structure, regulatory impacts, and macro sensitivities.
• Produce high quality, actionable investment recommendations supported by rigorous analysis and industry insight.
• Monitor sector developments, regulatory changes, competitive dynamics, and macroeconomic trends that influence investment outcomes.
• Partner closely with portfolio managers to shape investment strategy, position sizing, and risk management decisions.
• Present investment theses, risk assessments, and ongoing updates to the investment committee with clarity and conviction.
• Identify mispriced securities and thematic opportunities across the capital structure (equity, credit, hybrids, preferred, etc., depending on firm mandate).

• 7-10 years of experience in equity or credit research, investment management, investment banking, or consulting with a focus on financial institutions.
• Deep understanding of bank and insurance company financial statements, regulatory capital frameworks, and sector specific valuation methodologies.
• Demonstrated ability to generate differentiated insights and a track record of successful investment recommendations.
• Exceptional financial modeling, analytical, and critical thinking skills.
• Strong communication skills, with the ability to articulate complex ideas clearly to both internal and external stakeholders.
• Advanced degree (MBA, MS Finance) or professional designation (CFA) preferred.
• High level of integrity, intellectual curiosity, and commitment to excellence.