Stock Analyst Job Description, Key Duties and Responsibilities

Stock Analyst job description, duties, tasks, and responsibilities.
Stock Analysts provide guidance to investors/organizations to make good stock investment decisions.

Stock Analyst Job Description, Key Duties and Responsibilities

If you are searching for the stock analyst job description to learn about the key duties, tasks, and responsibilities commonly performed by the role, then this post will be valuable to you.

This post also shows you the major requirements from recruiters that you need to meet if you are seeking the stock analyst job to be qualified to access the position.

Please, read on to get these and other information about the stock analyst career:

What Does a Stock Analyst Do?

Stock analysts research and scrutinize financial data on stocks and companies to guide investors/organizations on investment decisions.

They find employment with financial institutions, stock brokerages, and insurance companies; and government institutions, and also with large business corporations.

The stock analyst job description entails analyzing the performance of companies, industries, and sectors in which they have investment interests, and sharing insights from analysis to the relevant authority/management.

It also involves interpreting analyzed data on market, economic, and political events that may impact the portfolio of their companies.

Stock analysts work with team members to gather data necessary to prepare, update, and maintain internal and external presentation materials, and also prepare research reports on companies owned or under consideration for purchase.

They are also responsible for investment appraisal and valuation (LBO, DCF, and comparable analysis), developing, reviewing, and updating financial models; and observing and reporting the performance of portfolio assets owned by the organization.

The stock analyst work description also involves providing support for deal origination and conducting due diligence for new investments, including networking with financial advisers, lawyers, and industry experts, and professionals at external private equity firms.

Stock Analyst Job Description Example/Sample/Template

Stock analysts perform various functions, including utilizing spreadsheets and other forms of software to examine the securities of companies in various industries, as well as considering the financial results, market prices, and industry factors that might affect the price of a company’s stock or its investments.

Their job descriptions may vary slightly depending on the organization they work for, but the major duties, skills, and responsibilities that they commonly perform are listed below:

  • Utilize data analysis to predict the future earnings of the company and advice management/clients on whether to make stock sales or purchase decision
  • Provide support to senior stock analysts and portfolio managers in the evaluation of current and potential investments that align with the qualitative investment criteria of the fund
  • Execute evaluation annual reports, quarterly conference calls, and newspapers, and sell-side brokerage reports, etc.
  • Conduct interviews with management, suppliers, and competitors, and customers
  • Evaluate variables such as regulatory actions and changing industry dynamics that may impact on the stocks of the company/clients
  • Responsible for digging up information on proposed and existing investments to equity analysts and portfolio managers
  • Responsible for developing and updating economic and valuation models and other statistical analyses
  • Responsible for stock screening to find undervalued companies and conduct initial research and write-ups on companies
  • Participate in industry conference, annual general meetings, and other events as needed.

Stock Analyst Job Description for Resume

You can apply the above stock analyst job description sample in making a resume for a new position.

If you’ve worked as a stock analyst or are presently working in that position, you will need to include a professional experience section to your resume where you highlight the major duties and responsibilities of the role that you performed or are currently performing.

From the above sample job description, you can find the duties and responsibilities to use for completing your resume’s work experience section.

Stock Analyst Requirements – Skills, Knowledge, and Abilities for Career Success

When hiring for the stock analyst position, recruiters typically look for candidates who can effectively perform the obligations, objectives, and purpose of the role.

To find such candidates, recruiters usually give a list of requirements, including skills, abilities, and knowledge, and experience necessary to succeed on the job, that interested persons who desire to be hired should meet.

Shown below are major requirements that applicants for the stock analyst position should fulfill to be considered for hiring by most recruiters:

  • Education: Applicants are required to have a minimum of Bachelor’s degree to work as a stock analyst, and an MBA is often preferred
  • Knowledge: It is essential that they have strong financial acumen with the ability to analyze balance sheets, parsing footnotes, and value companies. Recruiters may also request for individuals with risk analysis skills and a working knowledge of investment banking or work experience in an investment banking training program, investment management or consulting companies etc.
  • Also, applicants should be knowledgeable in equity investment strategies and valuation methodologies. An understanding of valuation techniques is considered a plus to the applicant
  • Certification/License: Employers may request for CFA and Series 65 license as a requirement to be hired as a stock analyst
  • Research skills: The stock analyst job requires that they research stocks of companies and other variables that may affect the profitability of the proposed and existing investment. So, it is important for applicants to be able to use primary and secondary data sources to scrutinize investment opportunities across multiple sectors
  • Computer skills: Stock analysts also work with computers, so it is important that applicants are skilled in the use of Microsoft Office applications like Word and Excel
  • Self-starter: Applicants should have the ability to work independently and report findings confidently to the rest of the investment team
  • Applicants should be detail-oriented with demonstrated interest in public equity investing
  • Communication skills: They should possess outstanding writing and verbal communication skills necessary to work in a team environment, as well as possess the capacity to author exceptional differentiated sell-side equity research
  • Organizational skills: They also need to have the ability to handle multiple tasks while working independently or across teams
  • Analytical skills: It is important that applicants for the stock analyst job have the mental capacity for generating investment and trading ideas, as well as thought leadership abilities. They must also be able to apply logic and data analysis to analyze complex issues and make sound decisions.

Conclusion

If you are a recruiter or employer looking to hire for the stock analyst position in your company and need to make a good description of the job to attract the best candidates, then you will find this post helpful.

You can quickly and easily make a detailed description of the available stock analyst job in your company by applying the sample job description provided above.

This post is also useful to individuals interested in the stock analyst career to learn all about the duties and responsibilities that define the role and become more knowledgeable about the career.

Did this article improve your knowledge of what stock analysts do? Please, leave a comment in the box below. You may also discuss your job description if you work as a stock analyst.

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