Junior Research Equity Analyst in London

About the Analyst

The Analyst started life in 2010 as a blog run by buy-side analysts obsessed with stock picking, forensic research, and uncovering what others missed - calling out bad governance, spotting accounting tricks, and catching inflection points ahead of the market. That mindset still drives everything we do. Today, we're a leading independent equity research provider, delivering differentiated, high-conviction ideas to an exclusive client base of some of the world's leading mutual funds and hedge funds. We've grown, refined our processes, and expanded our coverage - but we've never compromised on our independence or the rigour behind our work.

Today, we're a close-knit team of 18 spanning Research, Sales, Compliance, Finance, Creative, and Operations. We work in a lean, collaborative way - people are trusted to take ownership, contribute ideas, and have genuine impact. Our Research team currently consists of four Senior Analysts (including our Founder/CEO), one Analyst, and one Junior Analyst. As we continue to grow, we're hiring at both Analyst and Junior Analyst level.

The Role

This is not a conventional graduate scheme. We deliver high-impact, actionable investment ideas directly to senior and influential clients, and you'll be part of that process from day one. We're looking for a recent graduate who is intellectually curious and genuinely passionate about equity markets. You'll support our research and publication processes, working closely with analysts, senior analysts, and our Founder/CEO. As you gain experience and demonstrate strong performance, there are real opportunities to take on greater responsibility in stock analysis and client interactions, with a clear pathway to a Research Analyst role. We'll support you throughout with mentorship, on-the-job learning, and external training, including sponsoring the CFA programme.

What You’ll Do

• Work closely with analysts to support our publishing process, ensuring clients receive first-class investment insights and a high standard of written product on a timely basis.
• Collate and coordinate research periodicals, including our weekly publication.
• Under the direction of a senior analyst: input data into proprietary financial models to produce charts, dashboards, and supporting material; collect, interpret, and present company data.
• Conduct primary and field research.
• Participate in team meetings and events, building your knowledge and presence in the team over time.

What We’re Looking For

• This is likely to be your first equity research role.
• Driven and entrepreneurial spirit, initiative, curiosity, and ambition.
• Desire and aptitude to work within equity markets.
• Independent thinker who thrives on challenges.
• Excellent analytical skills.
• Keen eye for detail without losing the big picture.
• Ability to communicate effectively and express complex ideas succinctly.
• High standard of written English, both in your own writing and when proofreading others.
• Strong analytical skills with a track record of academic or professional excellence. Whether or not your degree is in a finance discipline, you will be able to demonstrate your passion for investing with a baseline level of understanding of financial markets and reporting.
• Willingness to study towards the CFA and other relevant programmes.
• Data science skills are desirable but not required.

Training & Development

We'll support you with a bespoke, structured training plan designed to help you grow into a research analyst. The most important part of your development will be working alongside our experienced senior analysts, with real responsibility from day one. We are fortunate to count many of the world's leading investors among our client base - you will learn not only from your colleagues but by sharing your ideas with, and having them challenged by, some of the most rigorous investors in the industry. We provide full sponsorship to study for the CFA programme and will work with you to identify any additional courses or qualifications that will benefit your development. Over time, there are real opportunities for increased responsibility and progression within equity research.

How We Work

As a small team, we rely on trust, ownership, and open communication. We keep things lean and collaborative - decisions are made quickly, responsibilities are shared, and everyone is encouraged to contribute ideas across the business.

Location & Working Pattern

This role is based in our Clapham North office, four days a week (Monday–Thursday), with Fridays remote. Being in the room matters to us - it helps us move quickly, share context easily, and solve problems together more effectively. Wednesdays are our main collaboration day when the whole team is in together. Occasional domestic and international travel may be required.

Benefits & Perks

• Hybrid working - four days in our Clapham North office, with Fridays remote.
• Private medical insurance with BUPA, including mental health cover and 24/7 digital GP access.
• Dental insurance with BUPA.
• Pension scheme with employer contributions.
• Life assurance and critical illness cover.
• Employee Assistance Programme - including counselling, financial and wellbeing support.
• Weekly team lunches, quarterly socials, and an annual company offsite.
• Learning and development support.
• Wellbeing initiatives - from fitness and nutrition sessions to mindfulness.

How to Apply

We’d love to hear from you. To apply, please submit a single PDF containing the following:

• Your CV.
• A cover letter – tell us what drew you to The Analyst, why you'd thrive in a small, research-driven team, and what's sparked your interest in equity research.
• A one-page stock pitch - pick any listed company and make the case for a long or short position, covering: the business in two sentences, two reasons behind your view, one risk that could prove you wrong, and what you'd investigate further before conviction.
• A short-written response (max 300 words) - What's the most interesting book, article, podcast, newsletter, annual report or piece of research you've consumed in the last 12 months, and what did you learn from it?

The application questions form an important part of our review process, so please ensure they're completed as part of your application. We review applications on a rolling basis and may close the process early - we'd encourage you to apply soon.

Interview Process

Our interview process is likely to include:

• Intro call – a short conversation to learn more about your background, talk through the role and answer any initial questions.
• First stage interview – a more detailed discussion about your experience, approach and interest in equity research.
• Second stage interview and practical task – an opportunity to complete and discuss a task designed to reflect the type of work involved in the role, while exploring your thinking and approach in more depth.
• Final interview – a conversation with our Founder & CEO to answer any remaining questions and give you a better feel for the team and business.

If you require any adjustments or support at any stage of the process, please let us know.

Diversity & Inclusion

The Analyst is an Equal Opportunity Employer. We are committed to building a team that reflects a range of backgrounds, perspectives, and experiences - and to creating an environment where everyone feels respected, supported, and able to do their best work. All qualified applicants will receive consideration for employment without regard to age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, sexual orientation, or any other characteristic protected by law.