Equity Research Analyst - Infrastructure & Real Estate

Equity Research Analyst - Infrastructure & Real Estate

Permanent contract

Paris, France

At AXA IM our purpose, to act for human progress by investing for what matters, is central to every action we take as a business. As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper.

As a future Research Analyst, you will report to the Head of Listed Real Estate Debt, Research & Infrastructure, and you will be part of AXA IM - Real Estate.

DISCOVER your opportunity

The Analyst works within the team in charge of Listed Real Estate Debt, Research & Infrastructure. The Analyst also collaborates with the Portfolio Controllers, participating to the management of the various funds/mandates

Your role and responsibilities will include

What ?

• Listed securities research (equity/bonds of Infrastructure/Real Estate issuers)
• Provide issuer/sector analysis to support FM decisions
• Identify relative value into both Infrastructure & Real estate markets worldwide

How ?

• Meticulous analysis of the annual reports of property & infrastructure companies
• Comparing with the main peers within the relevant sub-sector
• Cross-analysis of existing research notes to identify points of divergence & justify them
• Take a step back, depending on the key risks identified, to focus on capital structure, strategy, sources of income, sector/regulatory specificities governing them (type of contracts, pricing/indexation, regulatory model), performance (key operational ratios, growth), financial health, specific features of the underlying assets of the sector concerned, development issues, risks to be monitored in the medium term
• Distinguish the "financial communication" provided by companies from a "financial analysis" in order to develop critical thinking and highlight the major risks and issues related to these companies
• Justify all information by using facts, precise sources, justified elements, cross-referenced analyses
• Write structured docs with effective drafting that is directly usable for investment purposes
• Present the work in an audible, convincing way in order to maintain the attention of the audience
• Make the difference between written analysis & its presentation: requiring different skills each

Why ?

• To bring value-added ideas to support daily investment decision
• To provide strong performance for the clients

Your Profile

SHARE your unique expertise

We welcome different combinations of skills & experiences.

Your qualifications and experience

• Engineer or business school degree with specialization in finance /Infrastructure/ Real Estate
• Previous experience in Listed Securities Research (ideally with formal Infrastructure/Real Estate qualifications)

Your knowledges and skills

• Advanced mastery of Excel modelling (cash flow & performance analysis, asset valuation)
• Knowledge of Bloomberg is a plus
• Proven skills in financial analysis and valuation
• Strong interest in the real-estate/infrastructure financing
• Experience in, or at least have a solid understanding of, real estate/infrastructure sectors
• Fluency in both French & English
• Team spirit, flexibility and the ability to work under pressure
• Motivation to learn and progress in a fast-growing environment (start-up spirit)
• Thoughtfulness and ability to synthesize
• Strong analytical skills
• Solid presentation skills
• Rigorous and self-motivated

We would love to know more about you. Let's connect! Send us your resume.

About AXA

The AXA Group is a global leader in insurance and asset management, with 160,000 employees serving 105 million customers in 62 countries.

We protect and advise our clients at every stage of their lives, offering products and services that meet their needs in the areas of insurance, personal protection, savings and asset management.

Our mission : To act for human progress by protecting what matters

Our values : Customer first, Integrity, Courage and One AXA

About the Entity

At AXA IM we are investing with a clear purpose - to make the world a better place. We act for human progress by investing for what matters. Our conviction-led approach enables us to uncover what we believe to be the best global investment opportunities across alternative and core asset classes. We are already entrusted by our clients with more than €887 billion in assets.

AXA Investment Managers | Home | AXA IM Corporate (axa-im.com)

AXA IM is an Equal Opportunity Employer, and we encourage candidates with disabilities or any other protected characteristic to apply. We are committed to providing reasonable accommodation to qualified applicants and employees with disabilities, when needed, to apply for a position or to perform essential job functions.

Inclusion and Diversity | Careers | AXA IM Corporate (axa-im.com)

What We Offer

We are committed to offer you an environment where you can:

Grow your potential : Be part of a forward-thinking business with internal opportunities and personalized learning paths available to help constantly develop your skills and abilities .

Shape the way you work : Work for a company which is highly committed to providing flexibility & balance to its employees, offering you a large range of benefits (hybrid working, competitive health benefits, among many others.).

Thrive within a diverse community : Play a role within a responsible company that actively recognizes and values individual differences in a diverse and inclusive workforce.

Move the world forward : Join a responsible employer that acts in favor of societal and environmental causes as an investor, insurer and company, notably through the AXA Heart in Action association. As part of our commitment to sustainability and environmental responsibility, we will celebrate your arrival by planting a tree.