Equity Research Analyst, Health Care

Associated Bank • Minneapolis, MN

6d • $126,840 - $217,440 • Hybrid

About The Position

Associated Bank is seeking an experienced Equity Research Analyst to deliver differentiated investment research and actionable recommendations that support portfolio allocation decisions within the Health Care sector. In this role, you’ll analyze companies and industries, develop investment theses, and collaborate closely with portfolio managers and analysts across the investment team. This is an opportunity to directly influence investment decisions while mentoring developing talent and shaping sector strategy.

Requirements

• Bachelor’s degree in Finance, Economics, or a related field
• 7+ years of fundamental equity research experience within the investment management industry
• Strong financial modeling, valuation, and analytical skills
• Excellent written and verbal communication skills
• Ability to synthesize complex information into concise investment recommendations

Nice To Haves

• Master’s degree in Finance, Economics, or a related field
• Experience covering the healthcare sector
• CFA designation or progress toward CFA certification
• Leadership or mentoring experience within an investment research environment

Responsibilities

• Conduct in-depth fundamental equity research across assigned sectors and securities to identify investment opportunities and risks.
• Build and maintain detailed financial models, including forecasts for earnings, cash flow, and valuation metrics.
• Generate actionable buy, hold, and sell recommendations supported by clear investment theses and market analysis.
• Monitor earnings reports, industry developments, company news, and market trends to provide timely insights to portfolio managers.
• Manage a sector model portfolio and communicate portfolio strategy, positioning, and rationale to investment teams.
• Lead new investment idea generation and identify emerging opportunities within assigned sectors.
• Partner with portfolio managers and analysts to contribute to broader investment strategy and decision-making.
• Mentor and support associate analysts by reviewing research, providing feedback, and guiding professional development.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior