Equity Research Associate - US Banks
At a glance
Junior Investment & Corporate Development role at Jefferies. New York · full-time · $100,000–$120,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Build and update earnings, balance sheet, capital and valuation models for large U.S. banks
- Assess banking and economic shifts, including rates, credit, funding, capital and regulatory changes
- Write weekly and monthly research, including previews and reviews of company earnings
- Develop contacts among bank leaders, investor relations staff and other industry participants
- Present stock opinions and sector themes to investors, trading teams and internal groups
What you bring
- You have one to three years of equity research experience
- You bring advanced Excel skills and strong quantitative ability
- You communicate clearly in writing and conversation, and work carefully across deadline-driven projects
Who this fits
This junior, full-time role suits someone interested in equity markets, macroeconomics and U.S. banks who can balance several deadline-driven projects and contribute as a teammate. It is based in New York.
From the employer
Jefferies is seeking an equity research associate to support the Financial Institutions Group covering U.S. Banks. The candidate will support the bank research team in delivering in-depth company and industry research on the largest and most complex U.S. financial institutions, constructing detailed financial and valuation models, and marketing written research recommendations to clients and institutional salespeople.
Compensation is competitive. Start date is immediate. This is an excellent opportunity for the right person to work with a highly respected U.S banks equity research team in a fast-paced, exciting environment.
Responsibilities will include:
- Creation and maintenance of earnings, balance sheet, capital, and valuation models for U.S. large cap banks.
- Analysis of industry and macroeconomic trends, including interest rates, credit, capital, funding, and regulatory developments.
- Production of weekly and monthly written research publications, including earnings previews and reviews.
- Development of relationships with management teams, investor relations professionals, and industry contacts.
- Communication of stock views and industry themes to institutional investors, trading desks, and other internal constituencies within Jefferies.
Key qualifications:
- 1-3 years of experience in equity research.
- Extremely strong work ethic with a focus on teamwork.
- Superior verbal and written communication skills.
- Strong quantitative aptitude and advanced proficiency in Excel.
- Detail-oriented and able to manage multiple projects in a deadline-driven environment.
- Intellectual interest in equity markets, macroeconomics, and the U.S. banking sector.
Primary Location Full Time Salary Range of $100,000 - $120,000.