Sr. Equity Analyst - Consumer Discretionary & Consumer Staples

At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!

What You Can Expect At BBH:

If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself—without leaving the firm. We encourage a culture of inclusion that values each employee’s unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.

BBH Investment Management’s mission is to protect and grow their clients' capital over meaningful periods of time, focusing on scalable investment strategies where their philosophy, approach, and expertise leads to differentiated results.  With approximately $64.5 billion in AUM, BBH Investment Management has been managing equity and fixed income portfolios for over 80 years, with a unique investment approach founded upon the following core principles:
 

• durable economic profit growth
• the power of compounding
• capital preservation
• intrinsic value-based
• bottom-up fundamental research
• long-term investment horizons
• discipline and patience

Offering both public equity and fixed income strategies, BBH Investment Management seeks to generate attractive absolute and relative long-term investment returns over full market cycles.  BBH Investment Management’s four main equity strategies, with approximately $15.5 billion in combined AUM, are all actively managed concentrated portfolios:

Core Select – the flagship equity fund focused primarily on the highest quality US large cap companies
 

Equity Income – building upon Core Select investment principles and criteria, a slightly more diversified US large cap portfolio that seeks to generate attractive and relative dividend growth and yield
 

BBH Mid Cap – a concentrated equity strategy focused on high quality US mid-cap equities
 

1818 Partners Fund – a highly concentrated private fund focused on high quality smaller capitalization companies

BBH is seeking to hire an Equity Analyst working to support both the Core Select and Equity Income strategies, with a primary focus on the Consumer Discretionary and Consumer Staples sectors.

The Core Select and Equity Income strategies employ a long-term business-ownership approach and utilize an intrinsic value framework.  Analysts seek to identify well managed, structurally advantaged, durable cash flow generative businesses that meet demanding qualitative criteria and are trading at reasonable valuations relative to their intrinsic value.  The Core Select and Equity Income strategies will generally hold investments in 25-40 and 25-50 companies, respectively.  Investments decisions are made using disciplined and collaborative bottom-up research and portfolio management driven processes.  

The analyst will identify, analyze and recommend US stocks for inclusion in the Core Select and Equity Income portfolios that meet the product’s business, management and valuation criteria.  They will evaluate potential investments through industry and financial statement analysis as well as conduct primary due diligence, build/update financial and valuation models, and conduct valuation analysis utilizing appropriate methodologies.

The analyst will prepare written investment summaries, due-diligence files and quarterly company updates and will support strong long-term investment performance via a commitment to excellence in equity research.

The successful candidate will:

• Be detail-oriented and highly analytical
• Possess excellent communication skills
• Have a commercial mindset
• Possess an investment temperament of balance, respect and high conviction
• Be intellectually curious
• Be a collaborative member of the team

Candidate Profile

• 8+ years Buy-Side or Combined Sell-Side/Buy-Side equity analyst experience
• The Analyst will possess an investment framework and philosophy that encompasses a bottom-up, long-term mentality and a bias towards deep and thorough due diligence
• The Analyst’s career experience and personal investment philosophy should align with BBH’s bottom-up, discount to intrinsic