Equity Research Associate- Banks

Raymond James - Chicago, IL

Full-time - Entry Level

Chicago, IL

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

About the position

The Equity Research Associate for Banks at Raymond James Financial, Inc. is responsible for supporting the Equity Analyst by preparing industry and company research. This role involves collecting, organizing, and analyzing data, writing investment-related research reports, and creating and maintaining financial models. The associate will help identify and formulate new investment ideas in targeted industry groups to support business generation, all while thriving in a client-service oriented, detail-oriented, and fast-paced team environment.

Responsibilities

• Develop expertise on industry and related companies to assess the relevance of news and other data.
• Perform quantitative and qualitative analysis of macroeconomic variables impacting the assigned industry.
• Maintain databases and spreadsheets pertaining to their industry and related companies.
• Develop financial models for revenue and income forecasts, cash flow analysis, balance sheet, and quarterly projections.
• Prepare internal and external written reports and presentations to communicate research findings, news events, and investment ideas resulting from security analyses.
• Work with Senior Research Analysts in defining and documenting objectives and approaches for specific research projects and studies.
• Perform other duties and responsibilities as assigned.

Requirements

• Bachelor's Degree (B.S.) in business-related or data analytics field.
• Demonstrated interest in the financial markets.
• SIE required or ability to obtain within three months of hire.
• FINRA Series 86/87 licenses or ability to obtain within one year of hire.
• FINRA Series 63 may be required, depending on domicile.

Nice-to-haves

• Data analytics/Coding skills strongly preferred.