2027 Investment Associate

Role Overview The Investment Associate will work directly alongside an Industry Analyst in an industry-focused team responsible for evaluating investments in companies globally. Dodge & Cox targets candidates with high levels of academic and professional achievement and leadership ability. Dodge & Cox recruits undergraduates from various academic disciplines, as well as candidates with previous work experience. Dodge & Cox's well-established reputation provides us unparalleled access to corporate management teams; we regularly host Fortune Global 500 executives at our offices in San Francisco. Key Responsibilities Researching, analyzing, and performing due diligence on potential investments Monitoring portfolio investments, competitors, and industry developments Building and maintaining financial and valuation models Engaging with company management teams, industry experts, and sell-side analysts Creating investment-related presentation materials Ideal Candidate Profile Demonstrated interest in financial markets and value investing Initiative and ability to manage multiple projects simultaneously Excellent communication skills and desire to work in a team-oriented environment Intellectually curious with a genuine appetite for understanding businesses and industries in depth Comfortable engaging with senior company executives, industry experts, and sell-side analysts Detail-oriented and conscientious, producing analysis of exceptional quality Coachable and eager to learn, able to absorb feedback and build independent judgment over time Qualifications One to two years of related work experience or an undergraduate experience that demonstrates exceptional potential B.A. or B.S. degree and an excellent academic record Basic accounting knowledge; coursework in economics and statistics is a plus Strong quantitative and analytical skills, including experience with financial modeling Proficiency with MS Excel and PowerPoint Coursework or demonstrated experience in corporate finance or valuation is a plus Familiarity with AI tools (e.g., Claude, Copilot) and willingness to apply them to research workflows Requirements Dodge & Cox has a 4/1 hybrid work model, and all Dodge & Cox employees are required to be in their assigned office as noted in the job posting Monday - Thursday each week, with the option to work remotely on Friday. The salary range for this position is $155k - $180k. The listed pay scale denotes only the pay range of the base salary and does not include discretionary bonus compensation, which may make up an important portion of the total remuneration. coverage of 100% of all healthcare premiums for employees and their families fully funding a retirement plan at 25% of the total compensation to the IRS limit commuter health & wellness backup care matching gift employee assistance life and disability insurance The listed pay scale reflects the base salary Dodge & Cox reasonably expects to pay for this position and is not a reflection of the highest and lowest base salary of any current Dodge & Cox employee. Actual base salary will be based on factors such as the candidate's prior relevant experience (including within and external to Dodge & Cox, as applicable), education, skills, and knowledge. It is the Company’s policy to provide equal opportunity to all persons without regard to race, color, religion, sex, pregnancy, marital or domestic partner status, sexual orientation, gender identity or expression, age, ancestry, national origin, disability, or medical condition, as defined in state and federal laws. This policy covers all aspects of employment including, but not limited to, recruitment, selection, training, promotion, transfer, compensation, demotion, and termination. By applying for a position with Dodge & Cox, you acknowledge that you have read our EEO Policy. All Dodge & Cox employees must adhere to the Firm’s security policies and Code of Ethics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. Founded in 1930 in San Francisco, Dodge & Cox is one of the world’s largest independently owned investment firms with over $475 billion in assets under management and 376 employees (as of January 31, 2026). We manage money for individuals and institutions globally with a single investment philosophy applied across a focused set of offerings. Undistracted by short-term product trends or asset gathering, we concentrate on serving our clients by adhering to our time-tested investment approach. We build investment portfolios using deep fundamental research, a strict price discipline, a long-term investment horizon, and team decision-making. Our engaging, collaborative environment pushes us to accomplish our best. That’s why many of us devote our careers to Dodge & Cox, ensuring stability and compounding our intellectual capital across generations. This institutional memory—combined with our collaborative culture and focused business model—makes us uniquely suited for long‑term investing and enables us to continuously seek lasting value for our clients in a rapidly changing world. #J-18808-Ljbffr Dodgeandcox