Equity Research Associate - Hardline/Broadline Retail, E-commerce

Truist•New York, NY

4d•Onsite

About The Position

The Equity Research Associate will publish proprietary equity research in industries aligned to the firm's Banking sectors, exhibiting the firm's expertise in the sector. This role involves creating and publishing proprietary equity research content with stock recommendations (Buy, Hold, Sell) to institutional buy-side clients. The associate will conduct due diligence, provide industry expertise for capital markets equity transactions, and initiate C-suite corporate access resources for institutional equity clients. This includes organizing non-deal roadshows, conferences, field trips, bus tours, and conference calls. The position requires conducting independent industry assessments and company-specific research reports, and engaging with corporate client relationships at the C-Level (CEO, President, COO, CFO, Director of Strategy, etc.).

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 5 years of related work experience or academic study beyond BA/BS.
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

Nice To Haves

Advanced Degree and/or CFA Designation
6+ years of related work experience
Experience in mentoring and coaching

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.
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.