Equity Research Associate - Rotational Program

Morgan Stanley • New York, NY

4d • $150,000 - $200,000 • Onsite

About The Position

We are seeking Analyst/Associate-level individuals with Equity Capital Markets, Investment Banking, and/or Corporate Finance backgrounds to join our Equity Research Department in New York City. The primary responsibilities are but are not limited to: Creation and maintenance of Salesforce education decks, including company overviews, investment positives and concerns, competitive landscape, financial metrics, and valuation 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. Adopt and apply AI-enabled research tools judiciously to accelerate information gathering, model maintenance, data analysis, and workflow execution while maintaining analytical rigor, source verification, and quality control. Write research reports on private companies, initiations of coverage for public companies, analysis of data, earnings results, and industry news.

Requirements

• 1-5 (ideally 2 or more) years of professional experience in Equity Capital Markets and/or Investment Banking
• Experience utilizing Excel to Build / Maintain Financial models, a strong level of excel proficiency is expected and required
• Experience writing in a professional capacity, e.g. 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

• Background covering the Tech Sector or other emerging growth verticals is preferred
• CFA and/or CPA is a plus

Responsibilities

• Creation and maintenance of Salesforce education decks, including company overviews, investment positives and concerns, competitive landscape, financial metrics, and valuation 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.
• Adopt and apply AI-enabled research tools judiciously to accelerate information gathering, model maintenance, data analysis, and workflow execution while maintaining analytical rigor, source verification, and quality control.
• Write research reports on private companies, initiations of coverage for public companies, analysis of data, earnings results, and industry news.

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: Entry Level
• Education Level: No Education Listed