The Portfolio Management Associate works primarily with the Director of International Research, who leads the team that manages the International Stock Fund. The Fund is the second largest international equity fund in the U.S. and has twice been named Morningstar’s International Stock Fund Manager of the Year. The associate plays an important role in supporting portfolio construction decisions and other critical business processes, including performance analysis and client communications. By utilizing both fundamental and data analysis, the associate assists the Director of International Research in comparing portfolio tradeoffs and conducting topical research. As a firm that employs a team decision-making process, the associate interacts with other members of the portfolio management team and attends weekly portfolio management meetings. The position also involves creating presentation materials and working closely with our client service team to support client communication efforts.
Responsibilities include:
- Supporting Director of International Research on a variety of investment research and client-related projects
- Creating research summaries on individual companies and/or broader topics to enhance decision-making
- Performing fundamental and quantitative analyses to compare companies in portfolio
- Conducting portfolio attribution analysis to explain portfolio and market performance
- Utilizing databases and applications to examine portfolio holdings and screen for new ideas
- Organizing, cleaning, and interpreting fund level data for internal and external meetings
- Assisting in the creation and updating of internal and external communication materials, especially during quarter end
- Attending weekly portfolio management meetings and writing meeting minutes
This is a two-to-four-year position, after which most individuals enroll in business school. Associates have gone on to attend business schools including Stanford, Harvard, Wharton, UChicago and Columbia.
Qualifications:
Dodge & Cox targets candidates with high levels of academic and professional achievement and leadership ability.
- 1-2 years of experience at an investment management firm, hedge fund, investment bank or management consulting firm, or an undergraduate experience that demonstrates strong work ethic, analytical skills, and exceptional potential
- An excellent academic record with coursework in Finance, Economics, Accounting, and Statistics. Coursework in data science a plus.
- Demonstrated interest in value investing, financial markets, and investment management
- Relentless attention to detail
- Ability to summarize information and craft a compelling case
- Comfortable proactively soliciting input and feedback from the team
- Initiative and ability to manage multiple projects simultaneously
- Strong quantitative, analytical, and computer skills, including Excel, PowerPoint, Bloomberg, and FactSet. Familiarity with Python and/or Tableau a plus.
Requirements
- Dodge & Cox has a 4:1 hybrid work model, and all Dodge & Cox employees are required to be in their assigned office as noted in the job posting Monday - Thursday each week, with the option to work remotely on Friday.
The job description above is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. It is the Company’s policy to provide equal opportunity to all persons without regard to race, color, religion, sex, pregnancy, marital or domestic partner status, sexual orientation, gender identity or expression, age, ancestry, national origin, disability, or medical condition, as defined in state and federal laws. This policy covers all aspects of employment including, but not limited to, recruitment, selection, training, promotion, transfer, compensation, demotion, and termination. By applying for a position with Dodge & Cox, you acknowledge that you have read our EEO Policy
All Dodge & Cox employees must adhere to the Firm’s security policies and Code of Ethics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Similar Jobs
What We Do
Investment management is Dodge & Cox’s only business. We are focused on providing U.S., global, international, and emerging markets equity; fixed income; and balanced account management. Strategies: Equity — The philosophy guiding the management of our equity portfolios is built on traditional principles: we maintain a long-term focus, conduct our own research, and employ a rigorous price discipline. Our approach is research-intensive; decisions are based on individual company analysis by our team of investment professionals. Fixed Income — Dodge & Cox’s philosophy is to construct and manage a high average quality portfolio of securities that are selected through bottom-up, fundamental analysis. We believe that by combining fundamental research with a long-term investment horizon it is possible to uncover and act upon inefficiencies in the valuation of market sectors and individual securities. Balanced — Our objective in managing balanced accounts is to provide regular income, conservation of principal, and an opportunity for long-term growth of principal and income. Our strategy is to invest in a diversified portfolio of stocks and fixed income securities. Offerings: Dodge & Cox Funds — Dodge & Cox offers U.S. based investors a simple, low-cost way to own a portfolio of stocks and/or fixed income securities. Private Client Accounts — The private client group serves high net worth individual investors, family offices, and non-profit organizations across the United States through separately managed accounts. Institutional Separate Accounts — A client's investment objectives, asset allocation, and portfolio holdings are reviewed with an experienced portfolio manager and client service associate. To view our U.S. Terms and Conditions of Use, visit: dodgeandcox.com/individual-investor/us/en/terms-and-conditions-of-use.html Non U.S. Investors: Please visit dodgeandcox.com and select the country you live in
