Equity Analyst Senior - Healthcare, Utilities, Materials or REITs

City National Bank • New York, NY

134d • $127,626 - $237,014

About The Position

This position serves as a lead sector analyst within our equity research team, responsible for developing and maintaining comprehensive coverage of assigned industry sectors (Health Care, Utilities, Materials, or REITs/Real Estate). The role requires deep fundamental analysis, sophisticated financial modeling, and expert industry knowledge to generate actionable investment insights that drive portfolio performance across $20B in assets under management. The successful candidate will serve as the firm's subject matter expert for their sectors, providing critical research and recommendations to portfolio managers, the Investment Strategy Committee, and client-facing professionals.

Requirements

• Minimum 7-10 years of equity research experience with demonstrated sector expertise
• Minimum 7-10 years of financial modeling skills and proficiency in valuation methodologies
• FINRA Series 7 and 63 or 66 licenses (or the ability to obtain)
• Chartered Financial Analyst (CFA), MBA, Masters in Finance or Economics, or equivalent experience

Nice To Haves

• 15+ years of relevant experience in equity research or investment analysis
• Experience across multiple industries within primary sector
• Track record of generating alpha through fundamental research
• Advanced degree or specialized certification in sector-specific discipline (e.g., technology, healthcare, energy, underlying commodities)
• Experience with alternative data sources and quantitative analysis techniques
• History of accurate earnings forecasts and price target achievements

Responsibilities

• Construct comprehensive valuation models for companies within coverage universe, including multi-year forecasts of revenue, earnings, cash flow, EBITDA, dividends, and other critical financial metrics
• Employ multiple valuation methodologies (DCF, relative multiples, sum-of-parts, etc.) to establish justified target prices and determine fair value ranges
• Develop and maintain proprietary financial models that incorporate sensitivity analysis and scenario testing to account for various economic and industry-specific conditions
• Implement rigorous due diligence processes, including thorough analysis of financial statements, regulatory filings, and corporate disclosures
• Integrate the firm's quantitative tools into fundamental analysis, including Company Quality Scores, Dividend Quality Scores, and proprietary valuation metrics
• Establish well-founded views on industry trends, competitive dynamics, and structural shifts to better estimate company fundamentals and identify emerging opportunities
• Maintain deep knowledge of sector-specific metrics, KPIs, and performance benchmarks critical to evaluating companies within coverage universe
• Attend industry conferences, trade shows, and investor events to gather firsthand intelligence and expand professional network
• Develop and maintain relationships with company management teams, conducting regular meetings and site visits to gain deeper operational insights
• Extract critical information from earnings calls, investor presentations, and corporate communications to inform investment theses
• Leverage sell-side research selectively while maintaining independent analysis and perspective
• Monitor ESG factors, regulatory developments, technological disruption, and other thematic trends affecting sector dynamics
• Generate high-conviction investment ideas supported by thorough analysis and clearly articulated investment theses
• Present research findings and investment recommendations to portfolio managers and the Investment Strategy Committee
• Develop comprehensive sector and company reports with detailed financial analysis, qualitative assessment, and specific actionable recommendations
• Provide regular updates on existing holdings, including thesis validation, potential risks, and changing market conditions
• Collaborate with portfolio managers to determine optimal position sizing, entry/exit points, and risk parameters for recommended investments
• Maintain awareness of portfolio context and overarching investment strategy when formulating sector allocations and stock recommendations
• Serve as a subject matter expert in client meetings, articulating sector views and individual investment theses with clarity and conviction
• Contribute to the firm's thought leadership through writing research publications, market commentaries, and participating in client-facing webinars
• Mentor junior analysts, providing guidance on research methodology, financial modeling, and professional development
• Collaborate with cross-functional teams to ensure research insights are effectively integrated into portfolio management decisions
• Participate in firm-wide initiatives to enhance research capabilities, technological infrastructure, and investment processes

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Master's degree
• Number of Employees: 5,001-10,000 employees