Equity Research Associate - Asset Managers, Brokers and Exchanges

$110,000 - $125,000/Yr

Morgan Stanley - New York, NY

Full-time - Mid Level

New York, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Equity Research Associate position at Morgan Stanley focuses on providing in-depth analysis and research on asset managers, brokers, and exchanges. The role involves building and maintaining financial models, writing research reports, and interacting with institutional investors to support their investment decisions. The ideal candidate will have a strong analytical background and a passion for equity research, contributing to the firm's commitment to excellence in investment research.

Responsibilities

• Creation and maintenance of earnings, valuation, and industry models leveraging skills in accounting, finance, and economics.
• Assist in writing research reports for initiations of coverage, analysis of data, earnings results, and industry news.
• Leverage all available resources to create differentiated content for writing research reports.
• Interact with institutional investors, responding to requests for models, reports, and data analysis.
• Keep abreast of industry-related news flow and analyze implications of news/industry developments to companies under coverage.
• Develop and maintain relationships with investor relations personnel and management of companies under coverage.
• Conduct industry diligence and primary research through surveys, expert conference calls, and various channel checks to evaluate industry trends.
• Assist internal sales and trading teams in the timely analysis of breaking news in the sector.

Requirements

• 1 to 3 years of experience in a Financial Services Capacity—Investment Banking, Capital Markets, Research, Consulting, Finance, Accounting preferred.
• Outstanding financial modeling and analytical skills, writing, client communications, and presentation delivery.
• Experience utilizing Excel for building/maintaining financial models - advanced level of Excel proficiency is expected and required.
• Ability to multitask and reprioritize effectively under pressure.
• Strong attention to detail is a must.
• High energy, self-motivated, creative, curious, organized, and strong focus on teamwork.
• Strong experience in accounting is a plus.
• CFA is a plus.

Nice-to-haves

• Experience in investment banking or capital markets is preferred.
• Familiarity with equity research processes and methodologies.

Benefits

• Competitive salary with base pay rates between $110,000 and $200,000 depending on experience and position level.
• Commission earnings and incentive compensation.
• Discretionary bonuses and other short and long-term incentive packages.
• Morgan Stanley sponsored benefit programs.