KBW Equity Research Associate II - Brokers, Asset Managers and Exchanges

Stifel Bank • Auburn, CA

239d

About The Position

KBW is hiring for an Associate II on its Equity Research team covering Brokers, Asset Managers, and Exchanges. The candidate should have 1-4 years of relevant experience, and will be responsible for providing information, data gathering, analysis, building and maintaining financial models, and organizational support to a senior level Research Analyst. The candidate will be required to have a solid understanding of the assigned sector and the ability to clearly state and defend the investment thesis for all stocks in the assigned sector. A strong foundation of financial/accounting knowledge is required, in addition to excellent writing and verbal skills.

Requirements

• Bachelor's degree.
• 2 to 4 years of relevant industry experience and/or proven experience at the Associate I level.
• Proficient in Microsoft Excel and PowerPoint.

Nice To Haves

• SIE, Series 86, Series 87 preferred, but not required for application.

Responsibilities

• Build and maintain Excel-based financial models, including income statements, balance sheets, cash flow statements, and discounted cash flow analysis.
• Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
• Analyze information obtained from management in order to conceptualize and define operational problems.
• Perform validation and testing of models to ensure adequacy; reformulate models as necessary.
• Building and updating comp sheets.
• Managing the databases and electronic data services (i.e. Bloomberg, FactSet, Morningstar, Dealogic, Pregin, etc.)
• Must be able to clearly state and defend the Analyst's investment thesis and outlook for each of the stocks under coverage.
• Respond to basic questions from institutional sales and clients regarding covered companies, and industry questions and data requests.
• Develop written product with modest direction from the senior level Research Analyst.
• Able to evaluate basic valuation methodologies to stocks under coverage and the broader sector.
• Meets the special project demands of the senior level Research Analysts.
• Uses all resources to build industry knowledge.
• Some travel by car and/or air in conjunction with local, regional and/or national travel.

Benefits

• Discretionary bonuses.
• Health / dental / vision / prescription insurance offerings.
• Stifel Total Health Connect.
• Flexible spending accounts.
• Tuition & certification assistance programs.
• Paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree