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Equity Research Internship

XPNT Capital Management · Bucharest, Romania

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Equity Research InternshipBucharest, Romania | Full-time | In-office1. About XPNTXPNT Capital Management is a hedge fund focused on international equity markets, based in Amsterdam. We are building a focused, research-driven investment firm grounded in rigorous fundamental analysis, independent thinking, and intellectual honesty.In Bucharest, we are forming an exceptional research team with high standards, strong analytical talent, and an AI-native research process from day one.2. Role OverviewThis is a 3-month, full-time paid internship for recent graduates and final-year students with 0–1 years of relevant experience. It is designed for people who want to build a serious career in public equity investing and develop strong investment judgment.Interns who perform very well could be offered a permanent analyst position at the end of the internship.You will do real research work from day one: building financial models, understanding businesses and industries, valuation, and the key drivers behind company performance. You will work closely with our analysts and portfolio manager and get regular, direct feedback on your work.This is a full-time, fully in-office role based in central Bucharest. We do not offer remote or work-from-home positions.3. ResponsibilitiesYour responsibilities will includeBuilding and maintaining financial models and dashboardsResearching listed companies, industries, competitors, and value chainsWriting and organizing high-quality research notes and internal materialsParticipating in calls and meetings with company managementSupporting idea generation and internal investment discussionsUsing AI tools effectively to improve speed, depth, and research quality4. Candidate ProfileBackgroundWe are looking for candidates who have recently completed, or are about to complete, a master’s degree in finance, economics, accounting, or an other analytically demanding field. Relevant work experience is not required. Internships or part-time work in a related area count in your favour. CFA Level I progress, and evidence of a real interest in investing, such as your own stock research or investment club work, will be viewed positively.Core QualitiesExceptional analytical and numerical abilityExcellent English, written and spokenHigh attention to detailAbility to work carefully, quickly, and independentlyGenuine interest in investing, businesses, and financial marketsIntellectual honesty and willingness to change your mind when the evidence changesCompetitive intensity and a real drive to win in performance-based environmentsFocus and comfort with sustained intellectual workMaturity, reliability, and the ability to take ownership of your workWe are particularly drawn to candidates who have demonstrated competitive intensity in some area of life, for instance in sports, chess, poker, investing, entrepreneurship, academics, or other performance-based environments.5. What We OfferA monthly salary of 6,000 RON net per month, fixed for the duration of the internship.A steep learning curve in public equity analysisDirect mentorship and frequent feedbackA high-performance environment with high standardsReal responsibility from day one, working on live researchA clear route to a permanent analyst position for interns who perform very well6. Application ProcessTo apply, please send your application to careers@xpntcapital.com. Please include:Your CVA short motivation letter of no more than 200 words, describing:Your prior experience with financial markets, investing, equity research, corporate finance, accounting, or other relevant analytical workOne example of a competitive environment in which you performed strongly, including what you achieved and how you approached itAny additional information that you believe would materially strengthen your application3. Optionally, a short investment analysis of a listed company you find interesting