Analyst, North American Equities Who You Are We are looking to hire an Analyst focused on North American equities to join our Montreal-based team. This is a high-impact research role within a team that is actively strengthening its research process and investing in analyst capability. The role reports to the Director of Research and involves close interaction with Portfolio Managers. You will contribute directly to investment decisions and portfolio construction, not simply produce research in isolation. This role is fundamentally about generating differentiated, actionable investment ideas and developing deep fundamental insights on small cap companies. Why Join Global Alpha Direct impact on investment outcomes and client portfolios Collaborative and intellectually rigorous investment culture Clear path to increased responsibility and equity ownership Competitive compensation aligned with performance Institutional support within an entrepreneurial environment What You Will Do Conduct in-depth fundamental research on North American small cap companies as part of a collaborative team Generate actionable, high-conviction investment ideas that can be implemented into client portfolios Build and maintain financial models and valuation frameworks Meet with management teams and participate in company due diligence Monitor industry developments, earnings calls, and relevant data sources Attend conferences and maintain strong market awareness Contribute actively to portfolio discussions and internal debate Take ownership of research coverage and continuously improve analytical frameworks What You Bring Strong financial modeling and valuation skills 3+ years of relevant experience in equity research or investing, with exposure to North American markets. Ability to synthesize complex information into clear investment insights Independent thinker with an entrepreneurial, high-accountability mindset Passion for investing, particularly in small cap equities Comfort operating in an unstructured, intellectually demanding environment Excellent written and verbal communication skills Undergraduate degree in a relevant field; MBA, CFA, CPA or equivalent will be considered as an asset Success in this role includes Generate original, differentiated investment ideas supported by rigorous fundamental research that drives portfolio results Communicate investment ideas clearly and engage constructively in rigorous, collaborative debate Grow over time into a trusted, go-to contributor within the firm’s investment process About Global Alpha Capital Management Ltd. Founded in 2008 and headquartered in Montreal, Canada, Global Alpha is an independent and privately owned investment management firm focused exclusively on global small cap portfolio management. Global Alpha conducts independent fundamental research to identify attractive investment opportunities in companies whose growth is unrecognized by the marketplace. As of December 31st, 2025, Global Alpha’s AUM was approximately $8 billion. Global Alpha is part of Connor, Clark & Lunn Financial Group (“CC&LFG”), a multi-boutique investment management company whose affiliates manage over $188 billion in financial assets. With large-scale non-investment management support provided by CC&LFG, we are uniquely focused on constructing the best global and international small cap portfolios that we can deliver for our clients. #J-18808-Ljbffr