Equity Research - Aerospace & Defense Associate

Morgan Stanley • New York, NY

1d

About The Position

Morgan Stanley Investment Research is committed to being an essential part of clients' investment processes. We aim to be the leading sell-side research provider by understanding the buy-side. Through engaging conversations with investors, we focus on risk-reward essentials: identifying investor debates, assessing potential outcomes, and uncovering evidence to support investment decisions. Our equity analysts cover approximately 2,900 stocks, while our economists, strategists, and fixed income analysts cover major global regions and asset classes. The Equity Research department researches macroeconomic and microeconomic conditions, company fundamentals, and analyzes financial information to provide investment recommendations on stocks within specific sectors. Research analysts construct financial models to explore scenarios, examine industries, and communicate with companies and investors. Equity Research team members share their analysis and recommendations in research notes. A career in investment research at Morgan Stanley requires a commitment to excellence, a passion for markets, and the highest level of integrity. We are currently seeking an Associate to join our Aerospace & Defense team.

Requirements

• The candidate should have a strong interest in Equity Research and, ideally, in the Networking Equipment & Communication Software sector.
• The candidate ideally should have 1 to 5 years of experience in Research, Investment Banking, Capital Markets, Accounting, or Financial Services.
• Desire / ability to build relationships with investors, company management, and industry contacts.
• Outstanding financial acumen, including experience utilizing Excel to build and maintain financial models.
• Experience writing in a professional capacity, e.g. crafting equity research notes / correspondence; presentation and/or development of industry reports.
• Candidates are expected to be adaptable, work well under pressure, and multitask / reprioritize as needed.
• Strong attention to detail is a must.
• High energy, self-motivated, creative, curious, organized and strong focus on teamwork.

Responsibilities

• Creation and maintenance of earnings, valuation and industry models leveraging skills in accounting, finance and economics.
• Assist in writing research reports for initiations of coverage, analysis of data, earnings results, and industry news.
• Collaboration between multiple teams within TMT for assistance / generation of larger industry reports.
• Interest in and ability to leverage all available resources and build outside relationships to create differentiated content for writing research reports (company-specific or industry).
• Interact with institutional investors, responding to requests for models, reports and data analysis.
• Keep abreast of industry-related news flow. Analyze implications of news/industry developments to companies under coverage.
• Develop and maintain relationships with investor relations personnel and management of companies under coverage.
• Conduct industry diligence and primary research through surveys, expert conference calls, and various channel checks to evaluate industry trends.
• Assist internal sales and trading teams in the timely analysis of breaking news in the sector.

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work.
• Comprehensive employee benefits and perks in the industry.
• Morgan Stanley sponsored benefit programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed