Equity Research Associate - Software

Truist Financial • New York, NY

78d • $160,000

About The Position

The position involves publishing proprietary equity research in industries aligned to the firm's Banking sectors, showcasing the firm's expertise in the sector. The essential duties include creating and publishing equity research content with stock recommendations for institutional buy-side clients, conducting due diligence for capital markets equity transactions, and initiating corporate access resources to institutional equity clients. The role also requires conducting independent industry assessments and company-specific research reports, and maintaining relationships with corporate clients at the highest C-Level.

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 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.
• Responsible for initiating 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.
• May work closely with Capital Markets, sales, and trading to help leverage the analyst's research product into the institutional client base.
• May maintain active dialog with representatives of covered companies.
• May work closely with institutional buyside clients to help leverage the analyst's research product.

Benefits

• Medical, dental, vision, life insurance.
• Disability and accidental death and dismemberment insurance.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation during the first year of employment.
• 10 sick days.
• Paid holidays.
• Defined benefit pension plan, restricted stock units, and/or a deferred compensation plan may be available.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees