Equity Research Associate - IT Services

Truist•New York, NY

37d•Onsite

About The Position

The Equity Research Associate - IT Services position involves publishing proprietary equity research in industries aligned to the firm's Banking sectors, demonstrating expertise in the sector. The role requires creating and publishing proprietary equity research content with stock recommendations to institutional buy-side clients, conducting due diligence, and providing industry expertise for capital markets equity transactions. The associate will also be responsible for initiating C-suite corporate access resources for institutional equity clients, including non-deal roadshows, conferences, field trips, bus tours, and conference calls. Independent industry assessments and company-specific research reports will be conducted, with involvement in corporate client relationships at the C-Level. Level-specific duties include working closely with senior and supervisory analysts in the research and publication process, conducting research at macro, industry, and individual company levels, building financial models, performing financial and valuation analyses, and formulating investment ideas. The associate will write draft research commentary and may work with Capital Markets, sales, and trading to leverage research products. Depending on experience, the associate may maintain active dialog with covered companies and work closely with institutional buy-side clients.

Requirements

BA/BS degree
Licenses Required: the SIE and the 7 Top Off (or Series 7 for those licensed prior to October 2019), Series 63, Series 87 and either the Series 86 or a FINRA waiver for those who have completed CFA II.
Minimum of 4 years of related work experience
Mastery of financial and accounting concepts to facilitate the creation of in-depth financial models.
Advanced written and oral communication skills and teaming ability.
Strong analytical and sales skills
Proven ability to work well in a fast-paced, team-oriented environment

Nice To Haves

Working towards CFA Designation.
4+ years of related work related experience

Responsibilities

Creating and publishing proprietary equity research content in designated industry with stock recommendations (Buy, Hold, Sell) to institutional buy-side clients.
Conduct due diligence and provide industry expertise for capital markets equity transactions.
Initiate C-suite corporate access resources to institutional equity clients including non- deal roadshows, conferences, field trips, bus tours, and conference calls.
Conduct independent industry assessments and company-specific research reports.
Involvement with corporate client relationships at the highest C- Level (CEO, President, COO, CFO, Director of Strategy, etc).
Works closely with senior analyst in the research production process as well as with the supervisory analysts in the publication process.
Conducts research at several levels: macro, industry and individual companies.
Builds models at the industry and company level, including market and market share forecasts, revenue, EPS, and cash flow forecasts at the company level.
Conducts financial and valuation analyses.
Formulates investment ideas.
Writes draft research commentary.
Depending on experience and the needs of the individual analyst, may work closely with Capital Markets, sales, and trading to help leverage the analyst's research product into the institutional client base.
Depending on experience of the Associate and the needs of the individual senior analyst, may maintain active dialog with representatives of covered companies.
May work closely with institutional buyside clients to help leverage the analyst's research product, depending on experience and the needs of the individual analyst.