Associate

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SUMMARY The associate role will be an essential part of the team at the Hovde Family Office. This role will have two main functions; public equity analysis and assisting with strategic portfolio company initiatives. You will be assisting Mr. Hovde and Mr. Lappetito in a variety of capacities including the management of the existing long/short investment portfolio, evaluation of new investment opportunities, assistance in monitoring existing private investments and other projects as they arise. The publicly traded long/short investment portfolio will require the associate to monitory existing positions and identify new investment opportunities. This will mainly require bottom-up company and security analysis but will also require a basic understanding in top-down understanding of macro trends and economic data analysis. The privately held investment portfolio will require the associate to understand bank investments and ideally real estate. This roll will be responsible for assisting in the management of these assets including monthly monitoring of operating performance, acquisition due diligence, corporate strategy and value-add projects. This is an excellent opportunity for an individual that wants excellent experience and direct exposure to a variety of companies and industries as well as the opportunity to learn from a very successful investor.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assist in managing existing investments in banks, real estate, publicly traded equities and debt securities.
• Responsible for monitoring and identifying long/short equity investments.
• Responsible for evaluating fundamentals potential investment opportunities for the Hovde Family Office including acquisition due diligence
• Evaluating new investment opportunities for their risks and possible returns, driven by detailed financial analysis
• Actively participating in and driving the due diligence process when evaluating new investments
• Preparing material for the presentation of investment opportunities
• Providing financial oversight to new acquisitions throughout their transition and integration.
• Conduct bottom-up, fundamental analysis on multiple companies across a variety of industries.
• Responsible for tracking and reporting macroeconomic data and trends as well as researching specific industries.
• Responsible for updating and managing weekly screens to identify investment opportunities and weekly economic data to monitor macro trends.
• Assist in trade execution for publicly traded equities and debt securities.

ADDITIONAL RESPONSIBILITIES

• Demonstrates high degree of professionalism in communication, attitude and teamwork with customers, peers and management
• Demonstrates high level of quality work, attendance and appearance
• Adheres to all Company Policies & Procedures and Safety Regulations
• Adheres to local, state and federal laws
• Understands and complies with all company rules and regulations
• Attends training and maintains a basic knowledge of procedures to ensure compliance with laws and regulations governing financial institutions, as they apply to your position and job responsibilities, with an emphasis on the BSA/AML/CIP, Consumer Privacy, Regulation CC, Information Security, Bank Protection Act, FACT-Identity Theft, Information Technology and GLBA.
• Additional duties as assigned as it relates to the position

SUPERVISORY RESPONSIBILITIES

This position does not have supervisory responsibilities

MINIMUM QUALIFICATIONS

• Education: Bachelor’s Degree required; focus in finance or economics preferred.
• Minimum of three (3) years of hands-on, investment experience.
• Strong bottom-up, fundamental financial and company analysis skills.
• Strong analytical skills, including knowledge of valuation methodologies
• Strong understanding of economic data and macro trends with an ability to translate these into cohesive investment theses.
• Excellent Microsoft Excel skills
• Strong communication and written skills
• Entrepreneurial, innovative and highly motivated individual who can work with considerable independence and has an insatiable appetite to learn.

COMPETENCIES:

• Adaptability
• Communication
• Decision Making
• Initiative
• Innovation
• Motivator
• Organization
• Professionalism
• Results Orientated