Equity Research Associate- Aerospace /Defense

Truist Financial - New York, NY

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 involves building strong 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. The analyst will also be responsible for building financial models at both the industry and company levels, which include market and market share forecasts, revenue, EPS, and cash flow forecasts. Conducting financial and valuation analyses, formulating investment ideas, and writing draft research commentary are also key components of the job. Depending on the analyst's experience and the needs of the team, there may be opportunities to collaborate with Capital Markets, sales, and trading teams to leverage the analyst's research product into the institutional client base. Additionally, the analyst may 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 with stock recommendations (Buy, Hold, Sell) for institutional buy-side clients.
• Conduct due diligence and provide industry expertise for capital markets equity transactions.
• Initiate C-suite corporate access resources for institutional equity clients, including organizing non-deal roadshows, conferences, field trips, bus tours, and conference calls.
• Conduct independent industry assessments and produce company-specific research reports.
• Build relationships with corporate clients at the 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 macro, industry, and individual company levels.
• 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 teams to leverage research products into the institutional client base.

Requirements

• BA/BS degree required.
• Licenses Required: SIE and the 7 Top Off (or Series 7 for those licensed prior to October 2019), Series 63, Series 87, and either Series 86 or a FINRA waiver for those who have completed CFA II.
• Minimum of 3 years of related work experience.
• Mastery of financial and accounting concepts to facilitate the creation of in-depth financial models.
• Advanced written and oral communication skills and teamwork ability.
• Strong analytical and sales skills.
• Proven ability to work well in a fast-paced, team-oriented environment.

Nice-to-haves

• Working towards CFA Designation.
• 4+ years of related work experience.

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, prorated)
• Sick days (10 days, prorated)
• Paid holidays
• Defined benefit pension plan (depending on position)
• Restricted stock units (depending on position)
• Deferred compensation plan (depending on position)