Equity Research, Associate - Autos
Wells Fargo - New York, NY
posted 4 days ago
About the position
Wells Fargo is seeking an Equity Research - Associate - Automotive. In this role, you will partner with the Senior Analyst covering the Automotive sector. Primary responsibilities include conducting the fundamental equity research process for the purpose of providing differentiated industry and stock-specific content, including building and maintaining financial estimates, maintaining financial databases, and writing reports on companies under coverage and key industry themes. The Associate will need to build strong relationships not only with Equity Research colleagues, but also with Equity Sales, Cash Trading, Derivatives, Wealth Management, and others. This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
Responsibilities
- Develop expertise on companies in the automotive sector.
- Write research reports on key company updates and industry themes.
- Create and update financial models and databases.
- Attend company and industry events; cultivate relationships with covered companies and industry contacts.
- Communicate team views on covered companies with internal and external constituents.
- Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
Requirements
- 2+ years of Securities Research experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Nice-to-haves
- BS/BA or higher
- Direct experience within the industry or equity research industry specific sector - Automotives.
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
- Ability to work effectively, as well as independently, in a team environment.
- Advanced Microsoft Excel skills, including high level of proficiency in modeling.
- Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
- Strong writing skills and attention to detail.
- Knowledge and understanding of financial statement analysis.
- Knowledge and understanding of accounting principles in the capital markets industry.
- Knowledge and understanding of investment tools such as Bloomberg or FactSet application.
- Strong, clear and concise written and oral communication skills.
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
