Equity Research Associate - Medical Technology

Morgan Stanley • New York, NY

4d

About The Position

Morgan Stanley Investment Research is committed to being an essential part of clients' investment processes, striving to be the sell-side research provider that best understands the buy side. Through conversations with leading investors, the team focuses resources 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 collects/analyzes financial information to make investment recommendations on stocks in specific sectors. Research analysts build financial models, examine industries, and communicate with companies and investors, discussing 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. This role is for an Associate-level individual to join the Medical Supplies & Devices Team.

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, and other Morgan Stanley sponsored benefit programs.
• Morgan Stanley sponsored benefit programs.

What This Job Offers

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