Research Analyst, Luxury and Sporting Goods

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions We’re seeking an Equity Research Analyst with experience covering the luxury and sporting goods sectors to strengthen and expand our research coverage in these areas. You’ll produce differentiated investment research, build and maintain robust financial models, and contribute to high-impact client engagement. You’ll also support corporate access activity and develop relationships with management teams across luxury and sporting goods As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution In this role, you will:

• Support and, where appropriate, take ownership of coverage for some of our global luxury and sporting goods coverage as well as initiating coverage of additional names in luxury
• Build and maintain detailed financial models, valuation frameworks and earnings forecasts
• Write investment research notes company specifics, thematic pieces, sector outlooks and investment recommendations
• Track industry developments including consumer spending trends, tourism flows, FX impacts and macro factors relevant to luxury demand. Come up with ideas of differentiating database that could be built to produce differentiating research on the back of it
• Identify investment opportunities and risks through fundamental analysis and scenario work
• Present investment views and support idea generation for institutional investors (asset managers, hedge funds, pension funds)
• Participate and generate client meetings, calls, roadshows and sector events; provide timely follow-up and written responses to requests
• Organise your own marketing trips in some of the destinations with the support of your senior analyst
• Monitor and maintain consumer trends across Europe, North America, China, Japan, South Korea, and the Middle East To be successful in this role you should meet the following requirements:
• Proven experience in equity research, investment banking, asset management or relevant buy-side experience
• Existing coverage experience within luxury goods, consumer discretionary, or branded consumer sectors and eyewear
• Strong financial modelling and valuation capability
• Experience interacting with institutional investors and corporate management teams/ IR
• Advanced Excel financial modelling and valuation expertise (DCF, EV/EBITDA, P/E, SOTP, scenarios/sensitivities)
• Possess data analysis and presentation skills using Excel and PowerPoint
• Strong interest in luxury brands, consumer behaviour and brand economics
• Understanding of China demand dynamics and global wealth trends
• Ability to develop differentiated insights and translate them into investable conclusions Opening a world of opportunityA move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, socio-economic background or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role. If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk via hsbc.recruitment@hsbc.com.