Truist Financial - New York, NY

posted 3 months ago

Part-time,Full-time - Entry Level
New York, NY
Credit Intermediation and Related Activities

About the position

The position involves publishing proprietary equity research in industries aligned with the firm's Banking sectors, showcasing the firm's expertise in these areas. The essential duties include creating and publishing proprietary equity research content that includes stock recommendations (Buy, Hold, Sell) targeted at institutional buy-side clients. The role requires conducting due diligence and providing industry expertise for capital markets equity transactions, as well as initiating C-suite corporate access resources for institutional equity clients. This includes organizing non-deal roadshows, conferences, field trips, bus tours, and conference calls to facilitate client engagement. In addition to these responsibilities, the analyst will conduct independent industry assessments and produce company-specific research reports. The position also involves maintaining relationships with corporate clients at the highest C-level, including CEOs, Presidents, COOs, CFOs, and Directors of Strategy. The analyst will work closely with senior analysts and the research team throughout the research production process, as well as with supervisory analysts during the publication process. The role requires conducting research at various levels, including macroeconomic, industry-specific, and individual company analyses. Analysts will build financial models at both the industry and company levels, which include market and market share forecasts, revenue, EPS, and cash flow forecasts. They will also conduct financial and valuation analyses, formulate investment ideas, and write draft research commentary. Depending on their experience, analysts may collaborate with Capital Markets, sales, and trading teams to leverage their research products into the institutional client base. They may also maintain active dialogue with representatives of covered companies and work closely with institutional buy-side clients to enhance the impact of their research.

Responsibilities

  • Create and publish proprietary equity research content in designated industries with stock recommendations (Buy, Hold, Sell) to institutional buy-side clients.
  • Conduct due diligence and provide industry expertise for capital markets equity transactions.
  • Initiate C-suite corporate access resources to institutional equity clients, including non-deal roadshows, conferences, field trips, bus tours, and conference calls.
  • Conduct independent industry assessments and company-specific research reports.
  • Maintain relationships with corporate clients at the highest C-level (CEO, President, COO, CFO, Director of Strategy, etc).
  • Work closely with senior analysts and the research team in the research production process.
  • Conduct research at several levels: macro, industry, and individual companies.
  • Build financial models at the industry and company level, including market and market share forecasts, revenue, EPS, and cash flow forecasts.
  • Conduct financial and valuation analyses.
  • Formulate investment ideas and write draft research commentary.
  • Collaborate with Capital Markets, sales, and trading to leverage the analyst's research product into the institutional client base.

Requirements

  • BA/BS degree
  • Licenses Required: the SIE and the 7 Top Off (or Series 7 for those licensed prior to October 2019), Series 63, Series 87 and either the Series 86 or a FINRA waiver for those who have completed CFA II.
  • 2 years of related work experience since earning BA/BS degree.
  • Strong financial modeling skills.
  • Proven analytical ability and attention to detail.
  • Proven ability to work well in a fast-paced, team-oriented environment.
  • Strong written and oral communication skills.

Nice-to-haves

  • 3 years of related work experience since earning BA/BS degree.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • Accidental death and dismemberment insurance
  • Tax-preferred savings accounts
  • 401k plan
  • Vacation days (minimum of 10 days)
  • Sick days (minimum of 10 days)
  • Paid holidays
  • Defined benefit pension plan (depending on position and division)
  • Restricted stock units (depending on position and division)
  • Deferred compensation plan (depending on position and division)
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