Equity Research Associate III
Equity Research Associate III
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$ 180000 - 195000
1 Vacancy
Job Description
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
Publish proprietary equity research in industries aligned to the firms Banking sectors exhibiting the firms expertise in the sector.
Create and publish proprietary equity research content in designated industry with stock recommendations (Buy Hold Sell) to institutional buy-side clients.
Conduct due diligence and provide industry expertise for capital markets equity transactions and responsible for initiating C-suite corporate access resources to institutional equity clients.
Responsible for initiating C-suite corporate access resources to institutional equity clients including non- deal roadshows conferences field trips bus tours and conference calls.
Conduct independent industry assessments and company-specific research reports.
Involvement with corporate client relationships at the highest C- Level (CEO President COO CFO Director of Strategy etc)
Work closely with senior analyst in the research production process as well as with the supervisory analysts in the publication process.
Conduct research at several levels: macro industry and individual companies
Build models at the industry and company level including market and market share forecasts revenue EPS and cash flow forecasts at the company level.
Conduct financial and valuation analyses.
Formulate investment ideas.
Write draft research commentary.
Work closely with Capital Markets sales and trading to help leverage the analysts research product into the institutional client base.
Maintain active dialog with representatives of covered companies.
Work closely with institutional buyside clients to help leverage the analysts research product depending on experience and the needs of the individual analyst.
Requirements
Must have Bachelors degree in Finance Economics or related field plus 5 years of progressive experience in finance and/or investment banking positions performing/utilizing the following:
o Financial and accounting concepts to facilitate the creation of in-depth financial models and reports
o Developing technical analyses on the banking industry and economic outlook for using Platforms including: S&P Global Market Intelligence Bloomberg Moodys FactSet Visible Alpha Experian Mortgage Bankers Association and Inside Mortgage Finance and CoStar
o Creating different types of financial models including: DDM DCF M&A (with full purchase accounting and other deal impacts) and sum-of-the-parts
o Utilizing Federal Reserve and industry databases including H8 (commercial banks assets and liabilities) G19 (consumer credit) Z1 (Fed flow funds) FRED Fannie Mae and Freddie Mac
o Application of financial and regulatory concepts including Basel III CET1 RWA TLAC SLR CECL fair value and credit marks
o Strong understanding of the regulatory environment and key institutions including the FDIC OCC the Federal Reserve FFIEC and the NCUA and the implications they have on the operating environment for banks
o Various interest rates and yields and their applications in models and research content including Fed Funds rates Fed Funds futures SOFR Treasury yields IG / Non-IG credit spreads mortgage spreads MBS spreads and 2-10 spreads
In the alternative employer will accept an MBA or Masters degree in Finance Economics or related field plus 3 years of experience in finance and/or investment banking positions performing/utilizing the aforementioned.
Must have passed at least 1 of the following exams: SIE; 7 Top Off (or Series 7 if licensed prior to 2019); Series 63; Series 87; or Series 86 or FINRA waiver for those w/ completed CFA II license).
The annual base salary for this position: $
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the LawPay Transparency Nondiscrimination Provision E-Verify
Required Experience:
IC
Employment Type
Full-Time
