Equity Research

DAVID STERNICK

**-** ******* ****. ********, NY 718-***-**** *****.********@*****.***

EDUCATION

Binghamton University, State University of New York Bachelor of Science in Management with a concentration in Finance and a minor in Economics Spring 2015 PROFESSIONAL EXPERIENCE

Elm Ridge Management Irvington, NY

Research Associate October 2015- April 2019

Equity Research

• Generalist equity research role for a long/short equity fund with a value focus. Assist the firms founder and CIO with coverage of industrial and consumer discretionary sectors while being trained to assume a full-time analyst role.

• Responsible for maintaining coverage of the cruise lines sector. Update company models for quarterly financial results and on an as-needed basis. Listen to management earnings calls. Stay abreast of current market trends.

• Initiated coverage of a construction equipment rental company as a key comp for a portfolio holding. Responsible for researching the firm, industry, building the financial model and forecast from scratch, and maintaining it on an ongoing basis.

• Update industry models for hotel, rail, and paper/packaging sectors with industry specific indicators of supply, demand, and utilization to incorporate into monthly and annual forecasts.

• Refresh comparable company models with quarterly earnings results. Identify key metric drivers, analyze the effects on our forecasts.

• Participate on sell-side analyst calls on a variety of topics including monthly powersports retail trends and rail/freight industry trends. Summarize conclusions/implications on stocks for the PM. Asset Allocation/Marketing

• Performed an analysis of fund short performance based on five thematic short buckets. Proved out where our investment process does well on the short side, looking at alpha and P&L contribution/losses on certain types of shorts. Findings utilized by research analysts hunting for new shorts and the firms IR team.

• Performed a marketing study analyzing historical performance of the fund’s large and concentrated contrarian positions. Operations/Compliance

• Distribute a daily SEC Form4 report, analyzing insider transactions of portfolio holdings.

• Perform corporate action updates to maintain the firm’s database and accurately reflect M&A, stock splits, and defunct companies.

• Member of Elm Ridge Brokerage Review Committee. Assist in a bi-annual review of the firm’s research budget, commissions, and review of broker services with the CFO, CCO, & a Senior Analyst. B+B Capital New York, NY

Intern, Private Equity Real Estate August 2015-October 2015

• Buy-side role focused on acquisition of properties in Williamsburg/DUMBO with an emphasis on moderate to high risk/return development opportunities.

• Performed comparable analyses of deals/properties in the target area based on evaluative metrics such as FAR, buildable SF, P/SF, target equity multiples, commercial vs. residential space valuations, and investment time horizon.

• Served as a primary contact person for potential acquisitions in the target region. SPK/Lewis Construction Inc. New York, NY

Summer Analyst, Estimating Department Summer 2013 & 2014

• Managed the intake & distribution of planning documents to subcontractors & clients, communicating with subcontractors on project costs & coordinated adjustments with the Chief Estimator to submit up-to-date and accurately priced bids to the client.

• Analyzed revenue trends, performance ratios, and reorganized the firm’s statistical database to provide management with a streamlined breakdown of departmental operations over a 24-year period.

• Collaborated with the Chief Estimator & firms Controller on drafting, finalizing, and distributing subcontracts, purchase orders and change orders for various projects using Sage Master Builder, helping to shorten lead-times for project construction.

• Drafted and responded to requests for information/proposal at all levels of the SPK/Lewis pipeline, from project owners and managers to trade subcontractors, developing concise verbal and written communication skills. PROFESSIONAL CERTIFICATIONS

CFA Institute

CFA Level III Candidate

ADDITIONAL INFORMATION

Strong presentation and public speaking skills

Proficient in Microsoft Excel, Word, PowerPoint, Factset, EDS (Equity Data Science) Platform. Experienced with Bloomberg. Interests: Snowboarding, military and world history, boxing/mixed martial arts, cooking

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