What's your job about?
Jarden’s equity research team provides analysis on ASX-listed companies, with our analysts developing independent and thought-provoking insights to inform investor strategy.
My day begins with the morning meeting, where research analysts brief the sales desk on any notes that were published the day before and answer questions, which helps the desk better break to clients. My work varies a lot day-to-day, which makes for a very exciting and dynamic learning environment. Common tasks include synthesising and summarising reports; creating databases for key metrics that influence our companies; updating financial models in line with company announcements and result releases. We also engage in a lot of corporate access with company management, so my role here is to take comprehensive notes and summarise the key takeaways which can subsequently be shared with clients. Additionally, throughout the day clients may also request specific pieces of analysis or data which we need to fulfill.
What's your background?
After finishing high school in New Zealand, I attended the University of Sydney, where I did a double degree in Finance and Psychology. I developed an interest in investing quite young and started trading on the NYSE when I was 16. I knew I was interested in markets because I love the dynamic nature of the industry and how it really challenges you to stay on top of what is happening in the world - not only in terms of sector news flow but also in wider macroeconomic trends. In my penultimate year of university, I did an internship in Sales & Trading at Goldman Sachs. Whilst it was a very enjoyable experience, I felt as though I needed to deepen my understanding of the fundamentals of analysis and what drives company values, hence my pivot to Equity Research. During my final year of studies, I was fortunate enough to secure a part-time role with Jarden’s research team and got to rotate across numerous sectors including gaming, tech, healthcare, banks and resources. This gave me excellent exposure to a range of industries and companies, and the opportunity to work with several leading analysts in the industry. I commenced full-time as a graduate in February and am now working with the REITs team.
Could someone with a different background do your job?
I believe that people from a diverse range of backgrounds could be suitable for Equity Research. In fact, having a previous background in a specialised area can be a great opportunity to add value for sector coverage as you would be a subject matter expert. Whilst a background in finance is useful for technical aspects such as modelling and valuation, these skills can be developed later. I think that strong critical thinking skills, attention to detail, and a genuine interest in markets are much more important for this role.
What's the coolest thing about your job?
The coolest thing about my job is the exposure you get and the steep learning curve. You get to work with and learn from sector leading analysts; build relationships with large clients who utilise your insights to develop their investment strategies; and meet with CEOs and CFOs of listed companies to get firsthand insights and information. I would also say the culture at Jarden is fantastic, with a big focus on their junior analysts’ learning and development.
What are the limitations of your job?
One limitation can be that things move very quickly and there is a lot of information and news flow that comes in every day so you might not have as much time as you want to digest it all and you can feel as though you are falling behind. However, I think this just takes time and especially for juniors everyone knows you are still learning and are always happy to help if you get stuck.
3 pieces of advice for yourself when you were a student...