Equity Research Associate - Consumer Hardlines Retail

$125,000 - $165,000/Yr

TD Bank - New York, NY

Full-time - Entry Level

New York, NY

5,001-10,000 employees

Credit Intermediation and Related Activities

About the position

TD Cowen is seeking an Associate to join its Consumer - Hardlines Equity Research team in New York. This role involves collaborating closely with the Senior Research Analyst on various aspects of the research process, including financial modeling, analysis, and writing investment-driven research reports. The Associate will have significant responsibilities and exposure to company management, the Sales and Trading team, and investor conferences, playing a critical role in corporate access programs.

Responsibilities

• Build and maintain financial models for industry analysis.
• Perform financial analysis and due diligence on companies and industries.
• Write investment-driven research reports and develop industry surveys.
• Conduct competitive assessments and market research.
• Assist in the preparation of forecasting models and valuation tools.
• Compile, analyze, and evaluate data related to assigned companies and industries.
• Stay current on market data, economic information, and key industry developments.
• Develop and maintain relationships with market participants and clients.

Requirements

• Undergraduate degree in business or a quantitative area of study with a strong GPA preferred.
• Up to two years of relevant experience in financial services (buy side, sell side, banking, or PE).
• Experience in home improvement, auto aftermarket, and furniture preferred but not essential.
• CFA or CFA track is a plus.
• Strong quantitative, financial modeling, and Excel skills with a thorough understanding of financial statements.
• Strong written, verbal communication, and presentation skills.
• Proven ability to work well on teams and self-motivated.

Nice-to-haves

• Securities licenses preferred (series 7/SIE, 63, 86, 87).
• Masters or PhD preferred.

Benefits

• Base salary and variable compensation/incentive awards.
• Health and well-being benefits.
• Savings and retirement programs.
• Paid time off including Vacation PTO, Flex PTO, and Holiday PTO.
• Banking benefits and discounts.
• Career development opportunities.
• Reward and recognition programs.