Equity Research Analyst, Real Estate Investment Trusts

Job description

Join Macquarie Capital’s Equities Research team and contribute to our coverage of the Australian listed real estate sector. You will work closely with senior analysts to help deliver high-quality, differentiated research for institutional investors. Our team undertake detailed company and sector analysis, to build and maintain financial models, contribute to investment recommendations, and produce timely written research on listed Australian Real Estate Investment Trusts.

This is an opportunity for an analytically strong candidate to deepen their expertise in equity research and listed real estate within an experienced and collaborative team. We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

You will build, maintain, and enhance detailed financial, earnings and valuation models for companies across the Australian Real Estate Investment Trusts sector and analyse company financial statements, results, market announcements, property portfolios, and operating metrics. You will support the development of earnings forecasts, valuations, investment views and stock recommendations and draft company research, results commentary, sector updates, and thematic publications for institutional clients.

As your experience develops, you will have opportunities to take greater ownership of company and sector research, investment views and client engagement. You will monitor sector, macroeconomic and regulatory developments, including interest rates, capital markets activity and real estate fundamentals and contribute to research on relevant property subsectors, including office, retail, industrial, residential and diversified property.

You will assist with company meetings, management briefings, property tours, industry events and reporting-season activity and prepare data and analysis to support client discussions, presentations and responses to investor enquiries. You will work in a collaborative environment with colleagues across Research, Sales and Trading to deliver timely and relevant market insights, whilst maintaining high standards of accuracy, independence and integrity, ensuring research activities comply with applicable regulatory requirements and Macquarie policies.

Relevant experience in equity research, investment banking, funds management, corporate finance, transaction services, real estate advisory or a related analytical role. Strong financial modelling, accounting, forecasting and valuation capabilities. The ability to interpret company financial information and translate complex analysis into clear investment insights. Strong communication skills, with close attention to detail.

Sound commercial judgement and a genuine interest in listed real estate, financial markets and investing. The ability to manage competing priorities and deliver accurate, high-quality work within tight timeframes. A collaborative approach and the confidence to engage effectively with colleagues and internal stakeholders. A relevant tertiary qualification in finance, accounting, economics, property or a related discipline.

Previous exposure to Real Estate Investment Trusts, real estate, infrastructure or another capital-intensive sector would be advantageous, as would progress towards a CFA, CA or CPA qualification, but is not essential. We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply. At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you.

Macquarie employees can access a wide range of benefits which, depending on employment type, include: 1 wellbeing leave day per year Up to 5 additional service bonus leave days per year Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers 2 days of paid volunteer leave and donation matching

Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations Access to a wide range of salary packaging options Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription

Hybrid and flexible working arrangements, dependent on role Reimbursement for work from home equipment Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact.

Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials. We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected.

Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance. We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.