Equity Research Associate – U.S. Real Estate/REITs

Bank of Montreal•New York, NY

12d•Onsite

About The Position

BMO Capital Markets is a leading, full-service North American-domiciled financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research, and institutional sales and trading. BMO Capital Markets has approximately 2,700 professionals in 33 locations around the world. The Equity Research department covers over 925 stocks across diverse sectors, and provides equity strategy, quantitative analysis and portfolio management services to our clients. The US Equity Research department consists of 34 analysts and ~50 associates, covering over 600 stocks. We are seeking an Equity Research Associate to join our U.S. Real Estate/REITs team. The associate will work closely with the senior analyst to develop and market all equity research products. The role requires strong analytical / critical thinking skills, a passion for the stock market, keen attention to detail, and a strong work ethic. The work environment involves collaboration, co-ordination and a shared knowledge base with the analyst and rest of the team but equally values independence, initiative, idea generation and a sense of ownership for the work.

Requirements

Exceptional writing skills, technical knowledge and skills in equity research, finance or accounting demonstrated through relevant work and educational experience is required.
Candidates must have a clear and proven track record of achievement throughout their education and career.
Exceptional written and verbal communication skills
Strong organizational skills and comfort managing various priorities
Client service mindset and ability to prioritize client needs with accuracy
The ability to interact professionally with company management teams and clients (analysts and portfolio managers)
A keen interest in and demonstrated understanding of Equity Research
A positive attitude, intellectual curiosity, the ability to learn quickly and strong attention to detail
Superior work ethic, self-motivated and the ability to work both collaboratively as well as independently
Ability to systematically manage a heavy workload and meet stringent deadlines
Flexibility to work irregular and extended hours
Solid technology skills with robust knowledge of Excel, Word, PowerPoint, Bloomberg and/or FactSet

Nice To Haves

1-2 years of equity research or real estate finance experience
Fully licensed
Prior industry experience in the U.S. Real Estate/REITs industry is not required but could be a benefit.
Demonstrated use of AI in the workplace
CFA Charter or working towards the CFA designation is a plus
A post-secondary degree in a related field of study is a plus.

Responsibilities

Building and maintaining detailed company models (IS/BS/CF)
Analyzing financial statements and news related to industry coverage
Conducting store and channel checks
Writing equity research reports and over time, formulating investment theses
Participation in site visits and management meetings
Maintaining and analyzing industry data
Communicating investment recommendations to internal and external clients
Collaborate in developing tools and processes to gather industry and company-related news that can then be disseminated to clients as one-off products or incorporated in the group’s normal research product
Work to establish industry, regulatory and political relationships to help better predict and/or handicap industry trends or company-related events