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 by understanding the buy-side. Through investor conversations, the focus is on risk-reward essentials: identifying investor debates, assessing potential outcomes, and uncovering evidence for investment decisions. The Equity Research department researches macroeconomic and microeconomic conditions, company fundamentals, and analyzes financial information to make investment recommendations. Analysts build financial models, examine industries, and communicate with companies and investors. Research notes are used to discuss analysis and recommendations. A career in investment research requires a commitment to excellence, a passion for markets, and integrity. This role is for an Associate on the Aerospace & Defense team.

Requirements

• Strong interest in Equity Research and, ideally, in the Networking Equipment & Communication Software sector.
• 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.
• 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.

Nice To Haves

• Ideally, in the Networking Equipment & Communication Software sector.

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.
• 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.
• Attractive and comprehensive employee benefits and perks in the industry.

What This Job Offers

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