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Financial Analyst *

Last modified: November 07, 2011, 01:26 PM
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This is an ideal career for analytical thinkers. A financial analyst, often referred to as a securities analyst, equity analyst, or investment analyst is a person who analyses financial information. Researching macroeconomic and microeconomic conditions, along with company fundamentals, are part of the job. You also communicate business, sector and industry recommendations, write reports on companies, and give your opinion of the company's investment potential with a rating, such as "buy," "sell," or "hold” to brokers, traders or clients.

Environment & Culture of the workplace

As a financial analyst, you will work in an office environment that is comfortable and well-lit. Since you are directly linked to brokers/traders/internal clients, your workplace is fast-paced and dynamic, with a strong sense of urgency. Accuracy and mistake-free attention to detail is a must. Mistakes are expensive and not usually tolerated. Bad advice can cost millions.

When you start as a junior, expect long working hours, with a steep learning curve. Depending on the type of firm, your responsibilities are likely to be low. As you progress your career, the workload will generally decrease while your accountability and responsibility increases. Supervision of less experienced analysts will take more of your time. Irrespective, the spot light will always be on your information or recommendations, even at the junior level.

About the Author

Andrew Madgwick Wholesale Banking, NAB

Andrew Madgwick Wholesale Banking, NAB

Although considered young, Andrew has been involved in the markets for the past 4 years. Holding positions at a Team Leader level in wholesale banking operations for FX Options and Commodity Derivatives and working in a Project Management role as SME has given him a real understanding of ‘how things work’. Throughout this time he has been able to develop key relationships with stakeholders in all sections of the wholesale banking business.

Andrew holds an undergraduate degree from Macquarie University in Applied Finance and a Graduate Diploma of Applied Finance and Investment from FINSIA..


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