Equity Research Associate/Senior Associate, Diversified Financials

Jefferies Financial Group; Sydney; On-site; AUD 90,000 - 130,000; Full time

Job summary

Jefferies in Sydney seeks an Equity Research Associate/Senior Associate to support the Diversified Financials coverage of Australian financial services. You will build and maintain financial models, analyse earnings, and develop investment ideas while engaging with management teams and clients.

The role emphasizes rigorous research, data-driven insights, and collaboration with regional and global teams in a fast-paced market environment.

Qualifications

• Minimum 1 year of relevant experience in sell-side or buy-side equity research, investment banking, asset management, consulting, or a related financial services role.
• Experience covering diversified financials, financial services, business services, fintech, or broader financial institutions sectors is preferred.
• Strong attention to detail and a demonstrated ability to maintain high standards of accuracy and quality while managing multiple priorities.
• Advanced financial modelling, accounting, and valuation skills, with the ability to analyse business performance, competitive positioning, and industry dynamics.
• Strong analytical, critical thinking, and problem-solving capabilities.
• Excellent written and verbal communication skills, including the ability to articulate complex investment ideas clearly and concisely.
• Self-motivated, collaborative team player with intellectual curiosity, sound commercial judgement, and a strong interest in financial markets and equity investing.
• Bachelor's degree in Finance, Economics, Accounting, Commerce, or a related discipline; CFA progress or qualification is advantageous.

Responsibilities

• Support the team's coverage of Australian diversified financials companies, including insurers, wealth managers, asset managers, exchanges, payments companies, non-bank lenders, financial technology businesses, and other financial services firms.
• Maintain and enhance company financial models, sector databases, and valuation frameworks.
• Analyse company financial statements, earnings releases, regulatory filings, and industry data.
• Monitor company announcements, market developments, regulatory changes, and macroeconomic trends.
• Conduct fundamental research on listed companies, including financial analysis, earnings forecasting, valuation, and investment recommendation development.
• Draft timely company updates, earnings reviews, industry reports, and thematic research pieces.
• Participate in meetings with company management teams, industry experts, and institutional investors.
• Contribute to franchise-building initiatives through thematic projects, client marketing activities, and collaboration with regional and global research teams.
• Respond promptly to client requests for data, analysis, financial models, and bespoke research.

Skills

Financial analysis

Financial modelling

Valuation

Excel

Communication

Attention to detail

Teamwork

Education

Bachelor's degree in Finance, Economics, Accounting, Commerce, or related discipline

CFA progress advantageous

Tools

Bloomberg

FactSet

Capital IQ

Visible Alpha

Job description

Equity Research Associate/Senior Associate, Diversified Financials

Equity Research Associate/Senior Associate, Diversified Financials – Australia

Our top-ranked Equity Research team produces alpha-generating, high-conviction insights that drive investment debates across global markets.

We are seeking an Associate to join the Diversified Financials Equity Research team. The role will play an integral part in supporting the team's research franchise across a broad range of listed financial services companies in Australia.

The successful candidate will contribute to differentiated, high-quality research through financial modelling, company and industry analysis, thematic research, and client engagement. The role offers significant exposure to corporate management teams, institutional investors, and senior research professionals.

The ideal candidate is detail-oriented, intellectually curious, and thrives in a fast-paced, deadline-driven environment, with a strong commitment to accuracy, independence, and compliance.

Responsibilities

• Support the team's coverage of Australian diversified financials companies, including insurers, wealth managers, asset managers, exchanges, payments companies, non-bank lenders, financial technology businesses, and other financial services firms.
• Maintain and enhance company financial models, sector databases, and valuation frameworks.
• Analyse company financial statements, earnings releases, regulatory filings, and industry data.
• Monitor company announcements, market developments, regulatory changes, and macroeconomic trends.
• Conduct fundamental research on listed companies, including financial analysis, earnings forecasting, valuation, and investment recommendation development.
• Draft timely company updates, earnings reviews, industry reports, and thematic research pieces.
• Participate in meetings with company management teams, industry experts, and institutional investors.
• Contribute to franchise-building initiatives through thematic projects, client marketing activities, and collaboration with regional and global research teams.
• Respond promptly to client requests for data, analysis, financial models, and bespoke research.

Qualifications

• Minimum 1 year of relevant experience in sell-side or buy-side equity research, investment banking, asset management, consulting, or a related financial services role.
• Experience covering diversified financials, financial services, business services, fintech, or broader financial institutions sectors is preferred.
• Strong attention to detail and a demonstrated ability to maintain high standards of accuracy and quality while managing multiple priorities.
• Advanced financial modelling, accounting, and valuation skills, with the ability to analyse business performance, competitive positioning, and industry dynamics.
• Strong analytical, critical thinking, and problem-solving capabilities.
• Excellent written and verbal communication skills, including the ability to articulate complex investment ideas clearly and concisely.
• Self-motivated, collaborative team player with intellectual curiosity, sound commercial judgement, and a strong interest in financial markets and equity investing.
• Bachelor's degree in Finance, Economics, Accounting, Commerce, or a related discipline; CFA progress or qualification is advantageous.

Preferred Candidate Profile

• Knowledge of the Australian financial services landscape, regulatory environment and key industry trends impacting the sector.
• Ability to work independently while collaborating effectively within a team-oriented environment.
• Strong Excel, PowerPoint, and financial database skills (e.g., Bloomberg, FactSet, Capital IQ, Visible Alpha).

About Us

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live.