Research Analyst - US Consumer Discretionary (LAM)

Lazard Asset Management operates in 41 cities across 26 countries. Our investment personnel manage over US $200 billion across a wide range of global, regional and country-specific strategies - both traditional and alternative - in listed equity and fixed income. At Lazard Asset Management, we pride ourselves in balancing the feel of a small firm with the scale of a large global organization. Our entrepreneurial culture and flat management structure foster an environment in which good ideas can take flight, no matter where they come from.

We are seeking an experienced research analyst, in the Consumer Discretionary sector.  As a Research Analyst at Lazard Asset Management, you will work as part of the US Research team and your day-to-day activities will include: primary research of various industries, frequent interaction with senior management of companies being analyzed, financial analysis and modeling of companies under coverage and investment recommendations. The analyst will also be responsible for monitoring political and macroeconomic data as they impact investments in the portfolio.   As needed, the analyst will attend/cover company meetings run by other analysts and provide feedback to the team.  This role will evolve to support a member of the portfolio management team with all regions and all sectors of the portfolio but is completely stock focused.

Teamwork is at the foundation of Lazard Asset Management. The team’s disciplined process puts strong emphasis on primary research. The insight generated from the research process is communicated throughout the team and leveraged across LAM’s portfolios. Stock picking is based on a disciplined relative valuation process.  As an Analyst, our team approach will allow you to benefit from the insight of your peers while being responsible and accountable for your individual insight and contributions to the team and portfolios.

We’ll trust you to:

• Develop primary research sources among industry contacts and customers, suppliers and competitors of the companies you are researching
• Analyze and model companies under your coverage
• Quantify the risk/reward and timeliness of investment ideas
• Analyze sector, currency, political, and regulatory risks where applicable.

You’ll need to have:

• 7 or more years of experience as an equity research analyst with a focus on the Consumer discretionary sector
• Ability to maintain a high standard of accuracy while working in a fast-paced environment under minimal supervision
• Strong organizational and time management skills with excellent verbal and written communication
• Excellent interpersonal, communication and relationship-building skills
• Strong aptitude for financial modeling and data analysis and proficiency with Excel
• CFA preferred

Diversity and Inclusion at Lazard

Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.

Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.

The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, color, nationality, religion, gender, sexual orientation, physical abilities, veteran or military status – can bring their whole selves to work to maximize their individual potential and our collective success.

We expect the base salary range for this role to be approximately $180,000 – 225,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management’s compensation package, which also includes comprehensive benefits and may include incentive compensation.

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