Equity Research Associate - Asset Managers, Brokers and Exchanges
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 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 analyzes financial information to make investment recommendations. Research analysts build financial models, examine industries, and communicate with companies and investors. A career in investment research at Morgan Stanley requires a commitment to excellence, a passion for markets, and the highest level of integrity. The Brokers, Asset Managers & Exchanges team within Equity Research is seeking a strong Associate or VP-level team member. This role involves building and maintaining models, and writing company-specific and broader industry research notes based on proprietary analysis and research. The team seeks hard-working, analytical candidates with a passion for Equity Research. The role is based in the New York office.
Requirements
- At least 2 years of experience in a Financial Services Capacity— Investment Banking, Capital Markets, Research, Consulting, Finance, Accounting preferred.
- Outstanding financial modeling and analytical skills, writing, client communications, and presentation delivery
- Experience utilizing Excel for: Building/Maintaining Financial models - advanced level of excel proficiency is expected and required.
- Candidates are expected to be adaptable and have the ability to work well under pressure.
- Ability to multitask and reprioritize a must
- Strong attention to detail is a must
- High energy, self-motivated, creative, curious, organized and strong focus on teamwork
Nice To Haves
- Strong experience in accounting is a plus
- CFA is a plus
Responsibilities
- Creation and maintenance of earnings, valuation and industry models leveraging skills in accounting, finance and economics
- Assist in writing research reports for initiations of coverage, analysis of data, earnings results, and industry news.
- Interest in and ability to leverage all available resources to create differentiated content for writing research reports (company-specific or industry)
- Interact with institutional investors, responding to requests for models, reports 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
- 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
- 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
- commission earnings
- incentive compensation
- discretionary bonuses
- other short and long-term incentive packages
- other Morgan Stanley sponsored benefit programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
