Research Associate II - Consumer Broadlines / Hardlines

Stifel•New York, NY

11d•Onsite

About The Position

Under general supervision, this role is responsible for providing information, data gathering, analysis, modeling, and organizational support to senior-level Research Analysts. The Associate II has mastered the foundational skills of an Associate I and assumes significantly more writing and modeling responsibilities. This position requires developing a solid understanding of the assigned sector, clearly stating and defending the investment thesis for all stocks within that sector. The role involves handling basic questions from Sales and Clients and beginning to represent associates in internal research presentations.

Requirements

Bachelor's degree
2 to 5 years of relevant industry experience and/or proven experience at the Associate I level
Proficient in Microsoft Excel, Word, PowerPoint, Outlook
Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Time Management - Managing one's own time and priorities to ensure the meeting of deadlines.
Oral and Written Expression - The ability to communicate information and ideas in spoken or written form so that others will understand.
Economics, Accounting, Finance, and Securities Analysis - Knowledge of economic, accounting, and financial principles and practices, the financial markets, the industry, the analysis and reporting of financial data, and associated terminology.

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 to conceptualize and define operational problems.
Perform validation and testing of models to ensure adequacy; reformulate models as necessary.
Build and update comp sheets.
Manage databases and electronic data services (e.g., Bloomberg, FactSet).
Clearly state and defend the Analyst's investment thesis and outlook for each covered stock.
Respond to basic questions from institutional sales and clients regarding covered companies, industry questions, and data requests.
Develop written product with modest direction from the senior-level Research Analyst.
Evaluate basic valuation methodologies for covered stocks and the broader sector.
Meet the special projects demands of the senior-level Research Analysts.
Use all resources to determine and locate relevant data.
Continue to build industry knowledge.
Continue to develop external sources (management teams, suppliers, and customers) and integrate them into the research product.
Be assigned a small client contact list and be responsible for meeting the needs of those clients.
Travel by car and/or air up to 20% for local, regional, and/or national travel.