Equity Research Associate - Power, Utilities, & Clean Energy

Jefferies Financial Group • Houston, TX

3d • $100,000 - $120,000

About The Position

Jefferies is seeking an experienced associate to support coverage of the clean energy sector, including renewable power, energy transition, and sustainable infrastructure. The associate will conduct fundamental research and analysis, develop and maintain company financial models, and produce research publications and investment insights for institutional clients. The role works closely with a senior analyst, communicates research views to clients and internal teams, and engages with company management and Investor Relations professionals. The position is full-time, based at the primary location, with a salary range of $100,000 to $120,000.

Requirements

• 1–3 years of experience covering clean energy, renewables, power, utilities, or related sectors through sell-side equity research, buy-side investing, investment banking, consulting, or a comparable analytical role.
• Experience using FactSet and/or Bloomberg.
• Advanced financial modeling, valuation, and Excel skills, including the ability to independently maintain detailed operating models.
• Strong writing and communication skills, including the ability to translate complex information into clear investment conclusions.
• Solid understanding of accounting, corporate finance, financial statement analysis, and energy-specific terminology and market dynamics.
• Highly organized and detail-oriented, with the ability to manage multiple priorities in a fast-paced environment.
• Demonstrated intellectual curiosity and a strong interest in capital markets and the evolving clean energy landscape.
• Bachelor’s/University degree.
• FINRA Series 7, 63, 86, and 87 required within 5 months of hire.

Nice To Haves

• Familiarity with industry-specific databases and alternative data sources.
• CFA or progression towards CFA.
• FINRA Series 7, 63, 86, and 87, preferred.

Responsibilities

• Support coverage of clean energy companies across renewable power, energy transition, and sustainable infrastructure.
• Build, maintain, and enhance detailed company financial models, including operating forecasts, valuation analyses, and scenario sensitivities.
• Monitor company developments, industry trends, regulatory changes, earnings releases, SEC filings, and conference calls for investment implications.
• Produce earnings previews, first-look notes, company updates, and other research publications for institutional clients.
• Contribute to thematic research, industry analyses, and company initiation reports.
• Conduct fundamental research and data analysis to support investment recommendations and generate differentiated insights.
• Respond to client inquiries and communicate research views effectively with Sales, Trading, and institutional investors.
• Develop and maintain relationships with company management teams and Investor Relations professionals.
• Collaborate with the senior analyst to identify investment opportunities and deliver high-quality research under tight deadlines.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level