Analyst, Private Equity
Spencer Stuart is seeking to recruit an Analyst for the Private Equity Business, who ideally will be based in New York City. This Analyst will closely support our pre-deal business and aid overall relationship management and client development efforts.
Analysts are responsible for producing industry and/or functional analysis reports, conducting primary market research, and driving talent pool mappings and executive research, working in close partnership with their colleagues and PE clients. This includes the gathering of industry trends across sub-sectors, organizational benchmarking, target lists, talent identification, and executive intelligence. Analysts are key drivers of the research process for any given project, and for incorporating research and key insights into client-ready documentation. They are also expected to be active contributors to the broader PE strategy and business building efforts. Over time, it is expected the analyst will develop industry expertise in their sector of focus and will gain direct exposure to executive and candidate outreach.
Successful Analysts have the opportunity to pursue various career development paths and leadership opportunities in the future, whether that be within the Private Equity team or within a specific industry practice or solution group in Spencer Stuart. In the process, we expect analysts to build highly transferrable skills in research, analysis, communication, teaming, and problem solving.
The base compensation range for this position is $65-68k per year. The actual base compensation offered within this range will be dependent on the individual’s skills, experiences, and qualifications. This position will be eligible to participate in our annual discretionary bonus program.
Spencer Stuart also offers a competitive benefits package, which includes:
Retirement savings plan with discretionary profit sharing contribution and employer match;
PTO (minimum 15 days per year, increases with tenure), paid sick time (10 days per year), company holidays (12 days per year), and paid leaves of absence when applicable;
Comprehensive health benefits, including medical, dental, and vision insurance, and healthcare flexible spending account;
Life Insurance, and short-term and long-term disability insurance;
Wellness benefits, including an employee assistance program, virtual mental health program, and mindfulness program; and
Voluntary benefit options, including supplemental life insurance, identity theft protection, and whole life insurance with long-term care and critical illness coverage.
Director of Analysts
Associates and Consultants (on a project basis)
Other key relationships:
Other Pre-Deal Consultants, Associates, and Analysts
Directors of Associates
Other colleagues across service lines, practices and geographies (on a project basis)
Participate in kick-off meetings with Associates and Consultants to assist in development of project strategy.
At the outset of each project, develop a solid understanding of the client or target asset's industry including specific information regarding the investor’s “value creation plan,” industry trends, company performance, company size, etc. Synthesize information accurately and use to inform more targeted research and client deliverables.
Develop prep documentation with key talking points and insights for teams to reference during client calls.
Maintain current awareness of news and issues associated with sector of focus, key clients, active engagements and market opportunities; share that gained information and knowledge in a timely way with relevant Associates, Consultants and Executive Assistants.
Conduct in-depth assignment research to develop target lists and create talent mappings, working in close partnership with your associate. Contribute to long list creation by leveraging internal and external databases to provide commentary on potential candidates. Ensure company target lists and executive profiles are tailored to meet the needs of the unique client situation and project context.
Develop industry and/or functional expertise by maintaining an awareness of industry trends and “best in class” leaders/future leaders.
Develop comprehensive understanding of the private equity investment life cycle, including key terms and considerations that enable teams to better customize client deliverables.
Contribute to business development efforts on an ad hoc basis including proactive research and pitch support.
Successful candidates will be hard-working, caring, able to be self-directed as well as collaborative, and able to proactively address the needs of the practice, which is often fast-paced, quick-turn work that is highly integrated with client management and day-to-day client engagement. In addition, candidates will demonstrate a passion and ability for performing critical research and communicating their findings clearly and cogently, while delivering the highest caliber service and seeking to maximize value provided for clients. They will demonstrate grace under pressure and be excellent multitaskers, with an ownership mindset and results orientation.
Specific experience should include:
Recent university graduate; or up to two years of business experience in a relevant professional services environment
Strong academic performance is required (3.4+ GPA); while all majors are welcome, some exposure to business or talent / leadership (whether through degrees or internship / job experience) are preferred
Well-roundedness demonstrated through leadership experience in internships, work experience, community service, athletics, or roles in student-led organizations
Advanced research, analysis, and synthesis skills
Strong verbal and written communication skills
Self-directed and proactive in nature; resourceful, team-oriented, and tenacious
Proficient with MS Office applications (PowerPoint, Excel and Word)
In possession of work authorizations necessary for the country in which you are applying
Compensation and benefits are commensurate with other high-end professional services firms.
CRITICAL CAPABILITIES FOR SUCCESS
Project Management – Plans, manages, and drives own efforts in support of new business development and client project support as measured by timely completion of project tasks and feedback from project team members. The successful candidate will do this while handling multiple projects with competing deadlines, working with individuals who have differing styles, and managing challenging expectations by:
Providing accurate and timely research information about executives, organizations, markets, or other relevant sectors.
Taking ownership of the project by doing what is needed at all phases of the research process, anticipating next steps, and not waiting to be told what to do.
Regularly reassessing priorities to align resources where/when needed and proactively reprioritizing own workload to provide additional support to assignment team where/when needed.
Delivering on commitments on-time or notifying as early as possible if problems occur or deadlines will slip.
Synthesizes research for business development initiatives, search assignments or intellectual capital initiatives and provides a succinct and accurate point of view as measured by quality and timeliness of contribution to assignment/project objectives. The successful candidate will do this while dealing with short timelines and limited information by:
Listening and asking insightful questions.
Leveraging knowledge of an industry/function/sector and appropriate resources to gather relevant information.
Subjecting researched facts to extensive analysis and interpretation before drawing conclusions.
Making inferential leaps in thinking to reach a solution despite incomplete or ambiguous information.
Making decisions rapidly, despite the complexity of the issues or pressures involved.
Using effective business writing skills to create succinct, client-ready analyses and documenting information in Firm databases.
Impact and Effectiveness
Contributes to the efficiency and quality of teams to successfully meet project objectives as measured by Consultant, Associate and peer feedback while working with individuals who have differing styles by: Interacts with a range of internal and external stakeholders and candidates with differing styles and egos, understanding and appreciating what is important to each.
Listening and asking questions to clarify understanding and demonstrate knowledge.
Placing team goals ahead of individual goals.
Considering the needs of colleagues and adapting own communication style accordingly.
Setting expectations and clarifying tasks to avoid wasting time and resources.
Offering to work outside areas of responsibility when needed.
Raising issues early and finding solutions collaboratively.
Remaining poised when under pressure or handling unexpected challenges.
Proactively sharing information with those who would benefit while being discreet with confidential information.
Industry and Functional Knowledge
Obtains and incorporates knowledge to enhance client work in a meaningful way. Knows how to get information, effectively uses the available firm resources, developing and sharing industry/functional knowledge:
Identifies executive movements in the market and updates Quest (ideally in real time) and colleagues.
Has a genuine interest in/curiosity about people and businesses; actively building a personal awareness and team knowledge around the marketplace and the ecosystem of critical influencers and key agents.
Understands how to identify and navigate the various relevant sources available (Quest, Capital IQ, D&B Hoovers, BoardEx, LinkedIn, etc.), as well as key people, leveraging both internal and external content and networks to drive distinct and unique insights and outcomes.
Development Self and Others
Develops self and others; seeks and provides feedback, modifies own performance or behavior based on feedback. A successful Analyst is constantly growing, learning, and enhancing his/her skills and capabilities:
Seeks and is open to feedback from colleagues, placing value on self-development efforts; seeks opportunities for growth.
Is self-aware and open to changing one’s own behavior.
Champions the Firm’s values, culture and Code of Conduct; engages, participates and collaborates with others. A successful Analyst, who people like working with and who may over time also have a leadership role:
Accepts others’ opinions and encourages teamwork.
Is inclusive. Brings cultural awareness and sensitivity to each interaction with colleagues.
Participates actively and contributes to internal activities; engages with office and practice.
Represents Spencer Stuart well by speaking positively about the Firm and aligning behavior to Firm values.
Conducts themselves in a way that is consistent with the Firm’s values