Equity Research Associate - Medical Technology

Morgan Stanley • New York, NY

6d • $150,000 - $200,000

About The Position

Morgan Stanley Investment Research is seeking an Associate-level individual to join their Medical Supplies & Devices Team. This role involves researching macroeconomic and microeconomic conditions, company fundamentals, and analyzing financial information to make investment recommendations on stocks within the medical technology sector. The team focuses on understanding investor needs and providing essential risk-reward analysis. The Equity Research department is responsible for researching macroeconomic and microeconomic conditions, along with company fundamentals. It also collects and analyses financial information to make investment recommendations on stocks in specific sectors. Research analysts build financial models to explore alternative scenarios, examine industries and communicate with companies and investors. Equity Research team members discuss their analysis and investment recommendations in research notes. A career in investment research at Morgan Stanley demands a commitment to excellence and a passion for the markets as well as the highest level of integrity.

Requirements

• 2 + years of professional experience in Equity Research, Investment Banking, or Capital Markets.
• Experience utilizing Excel to Build / Maintain Financial models, an advanced level of excel proficiency is expected and required.
• Experience writing in a professional capacity, e.g. crafting equity research notes / correspondence; presentation and/or development of industry reports.
• Strong PowerPoint skills are required.
• Expected to be adaptable and have the ability to work well under pressure.
• Strong attention to detail is a must.

Nice To Haves

• Med Device industry and Management Consulting experience.
• Medical industry, specifically medical device sector, experience is a plus.
• CFA is a plus.

Responsibilities

• Create and maintain earnings, valuation and industry models leveraging skills in accounting, finance and economics.
• Write research reports for initiations of coverage, analysis of data, earnings results, and industry news.
• Interact with institutional investors, respond to requests for models 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.
• Commission earnings
• Incentive compensation
• Discretionary bonuses
• Other short and long-term incentive packages
• Other Morgan Stanley sponsored benefit programs.

What This Job Offers

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