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Equity Research Associate Fintech & Payments

Morgan Stanley


Job Location:

New York City, NY - USA

Yearly Salary: $ 150000 - 200000
Posted: 2 July 2026 (30+ days ago)
Application Deadline: 29 September 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

Morgan Stanley Investment Research is uniquely committed to being an essential part of our clients investment process. We strive to be the sell-side research provider that best understands the buy side. Through relevant and timely conversations with leading investors we focus resources on risk-reward essentials: identifying the investor debates assessing the potential outcomes and uncovering the evidence our clients need to validate their investment decisions. Our equity analysts cover some 3000 stocks; our economists strategists and fixed income analysts cover all major regions and other asset classes around the globe.

Equity Research
The Equity Research department is responsible for researching macroeconomic and microeconomic conditions along with company fundamentals. It also collects and analyses financial information to make investment recommendations on stocks in specific sectors. Research analysts build financial models to explore alternative scenarios examine industries and communicate with companies and investors. Equity Research team members discuss their analysis and investment recommendations in research notes. A career in investment research at Morgan Stanley demands a commitment to excellence and a passion for the markets as well as the highest level of integrity.

We are currently seeking an experienced Associate-level team member to join our Fintech & Payments team

Primary Responsibilities
Create and maintain financial and industry models leveraging skills in accounting finance and economics
Assist in writing research reports for initiations of coverage analysis of data earnings results and industry news
Monitor industry-related news flow and analyze implications for companies under coverage
Develop and maintain relationships with investor relations personnel and management of companies under coverage
Conduct industry diligence and primary research through surveys expert conference calls and various channel checks to evaluate industry trends

Collaborate with cross-functional teams to produce larger industry reports
Leverage all available resources to generate differentiated insights for writing research reports (company-specific or industry)

Support internal sales and trading teams with timely analysis of sector breaking news

Engage with institutional investors responding effectively to in-depth questions and bespoke requests

Qualifications - External

At least 2 years of professional experience in equity research investment banking and/or the fintech industry
Experience using Excel to build and maintain three-statement financial models; advanced Excel proficiency is required

Professional writing experience including crafting equity research notes and developing industry reports
Strong attention to detail is a must
Ability to adapt quickly and work well under pressure
High EQ strong personal drive energy creativity curiosity organization and a team-oriented mindset
Strong PowerPoint skills are required
Experience with Python is a plus but not required
CFA is a plus

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley we raise manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe please copy and paste into your browser.

Expected base pay rates for the role will be between $150000 and $200000 per year for Associate at the commencement of employment. However base pay if hired will be determined on an individualized basis and is only part of the total compensation package which depending on the position may also include commission earnings incentive compensation discretionary bonuses other short and long-term incentive packages and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion where individuals are hired developed and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate bringing a variety of backgrounds talents perspectives and experiences.

For more information please visit:


Required Experience:

IC


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Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1, ... View more

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