Role Overview
Dodge & Cox is seeking an experienced, highly skilled Research Associate to join our team. The Senior Emerging Markets Research Associate will work with senior analysts and members of the Dodge & Cox investment team in identifying, researching and advocating for emerging market companies.
Dodge & Cox's well-established reputation provides us with unparalleled access to corporate management teams. We regularly host Fortune Global 500 executives at our offices in San Francisco.
This is a two-to-three-year position, after which most individuals enroll in business school or pursue a career in investing.
Key Responsibilities
- Researching emerging market companies that may be attractive investments
- Monitoring portfolio investments, competitors, and industry developments
- Building and maintaining financial and valuation models
- Engaging with company management teams, industry experts, and sell-side analysts as requested
- Creating investment-related presentation materials
Ideal Candidate Profile
- High levels of academic and professional achievement and leadership ability
- Attention to detail with the ability to manage multiple projects simultaneously
- Excellent written and verbal communication skills
- Intellectually curious with a genuine appetite for understanding businesses and industries in depth
- Comfortable working across time zones and cultures, and able to build productive relationships with external research partners
- Detail-oriented and conscientious, producing analysis of exceptional quality
- Able to work independently and exercise sound judgment with limited supervision
Qualifications
- 2-4 years of combined experience working for an investment manager, investment bank, or a substantially similar experience. At least 2 years of experience doing fundamental company level research for an investment manager.
- Four-year college degree (B.A. or B.S.) with an excellent academic record that includes quantitative coursework
- Strong ability to collect and synthesize quantitative and qualitative data
- Knowledge of global equity markets, especially in developing economies
- Strong quantitative, analytical, and computer skills
- Experience applying AI tools (e.g., Claude, Copilot) to research workflows
The salary range for this position is $175,000k - $200,000k.
The listed pay scale denotes only the pay range of the base salary and does not include discretionary bonus compensation, which may make up an important portion of the total remuneration. Dodge & Cox encourages applicants to consider the value of the many competitive benefits it offers, including coverage of 100% of all healthcare premiums for employees and their families and fully funding a retirement plan at 25% of the total compensation to the IRS limit. Dodge & Cox also provides additional benefits such as commuter, health & wellness, backup care, matching gift, employee assistance, and life and disability insurance. The listed pay scale reflects the base salary Dodge & Cox reasonably expects to pay for this position and is not a reflection of the highest and lowest base salary of any current Dodge & Cox employee. Actual base salary will be based on factors such as the candidate's prior relevant experience (including within and external to Dodge & Cox, as applicable), education, skills, and knowledge.
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.
Skills Required
- 2-4 years of combined experience working for an investment manager, investment bank, or substantially similar organization
- At least 2 years of fundamental company-level research experience for an investment manager
- Four-year college degree (B.A. or B.S.) with an excellent academic record, including quantitative coursework
- Strong ability to collect and synthesize quantitative and qualitative data
- Knowledge of global equity markets, especially developing economies
- Strong quantitative, analytical, and computer skills
- Experience applying AI tools such as Claude or Copilot to research workflows
- High levels of academic and professional achievement and leadership ability
- Attention to detail and ability to manage multiple projects simultaneously
- Excellent written and verbal communication skills
- Intellectual curiosity and genuine interest in understanding businesses and industries deeply
- Comfort working across time zones and cultures and building relationships with external research partners
- Ability to produce exceptionally high-quality analysis
- Ability to work independently and exercise sound judgment with limited supervision
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
