Equity Research Associate - Financial Services Group

$75,000 - $90,000/Yr

Piper Sandler Companies - Chicago, IL

Full-time - Entry Level

Chicago, IL

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

About the position

At Piper Sandler, we connect capital with opportunity to build a better future. We believe diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. Our mission is to recruit, develop, retain and engage a diverse, high-performing team. Our business enables bright, committed people working in partnership within an environment that allows each person to achieve at a high level. We commit to encouraging and valuing inclusivity because every partner brings unique perspectives that help us better serve our clients. We are currently looking for an Equity Research Associate to join our Financial Services Group in Chicago, IL. This will be an in-person role.

Responsibilities

• Work in partnership with the senior analyst to conduct extensive company and industry research
• Create financial models and valuation analyses
• Write company reports, industry reports, and develop investment recommendations
• Form relationships with company management teams through meetings, calls, roadshows, etc.
• Make company visits and attend industry conferences
• As associates develop industry expertise, they will have additional responsibility for marketing their team's research and investment recommendations to our sales force and to institutional investors

Requirements

• Equity Research or Investment Banking experience preferred
• Financial Services industry background preferred (Banking, Fintech, Payments, etc.)
• The associate position is a demanding and fast-paced job that requires the ability to think quickly on one's feet and work independently
• Strong candidates will have an intense interest in the stock market and a demonstrated record of professional, academic and personal achievement
• Outstanding interpersonal and written communication skills
• Outstanding quantitative and organizational skills
• A strong competitive spirit balanced by a proven ability to work as part of a team
• Bachelor's degree in Accounting, Finance, or Economics required; December 2024 and May 2024 grads encouraged to apply
• Strong financial modeling experience required
• Securities Industry Essentials, Series 86 and 87 required (or willingness to obtain)
• Progress towards CFA a plus

Nice-to-haves

• Experience in the Financial Services industry
• Progress towards CFA

Benefits

• Annual incentive compensation
• Competitive total compensation
• Commitment to employee health and well-being