Equity Strat Rsrch Alst II

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.   

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Job Summary

The Equity Research Analyst position is primarily responsible for contributing to a collaborative research process for actively managed equity strategies within the Registered Investment Advisory division, 1834 Investment Advisors. The research process involves quantitatively screening the equity universe, deep qualitative equity research & financial analysis, continual monitoring of investments and investment theses for current and potential investments, regular idea generation, team collaboration & debate, and formal presentation of research conclusions. This position plays a role in all portions of the process and requires intellectual curiosity, consistency, and a focus on comparability of investment opportunities.

Salary Range

The salary range for this position is $77,900/yr. - $153,000/yr.. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled. 

Key Accountabilities

Independent generation of actionable investment ideas.

• Conduct continual bottom-up fundamental equity research & analysis primarily within the US domestic large-cap equity universe
• Compose written, formal investment research reports and recommendations
• Communicate investment ideas, recommendations, and processes in a format appropriate for specific audiences, including peer equity analysts, other 1834 Investment Advisors research teams, portfolio managers, wealth advisors, and regulators

Ongoing examination of equity strategies and their current holdings.

• Monitor daily news flow and regular company financial reports for equities held in current investment strategies. Identify pertinent information contained within company updates which may impact valuation estimates or the investment thesis
• Maintain documentation outlining the process, philosophy, portfolio construction, and performance of each individual equity strategy for distribution to clients and client-facing personnel

Construction and development of quantitative models.

• Build and manipulate dynamic quantitative screens using third party data integrated with excel for multiple investment strategies
• Manage 1834 Investment Advisors’ multifactor models through extensive data manipulation; perform statistical analysis and interpret results of quantitative output to aid decision making
• Accurately manage equity investment strategies’ constituent and weighting changes and coordinate with the operations team to implement model updates to be seamlessly traded upon

Meritocratic collaboration with analyst team.

• Ability to give and receive feedback concerning investment ideas, maintaining a high level of intellectual honesty

Key Competencies for Position

• Drive and Execution
• Planning and Organizing
• Problem Solving / Decision Making
• Adaptability
• Collaboration

Qualifications and Education Requirements

• Bachelor’s degree in finance, economics, accounting, mathematics, or another related field
• 5-10 years’ experience related to investment analysis; equity analysis experience preferred
• Advanced MS Excel skills required; VBA experience preferred
• Bloomberg or FactSet familiarity; excel coding in either application preferred
• CFA designation preferred

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!