Research Associate - ASEAN (Energy, Power & Infrastructure)

36 MS Asia Pte Singapore; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Morgan Stanley is seeking a Research Associate for the ASEAN Equity Research team in Singapore. You will build earnings models, analyze financials, and develop actionable insights across Energy, Power and Infrastructure sectors.

The role requires collaboration with global teams and proactive data-driven analysis. Ideal candidates hold a Bachelor's degree with at least 1 year in equity research or relevant experience, and are proficient in Excel, Python, and modern research tools.

Qualifications

• Bachelor's degree or above.
• At least 1 year of equity research or relevant industry experience preferred (buy-side, consulting, or operating experience also considered).
• Solid grounding in financial modeling and accounting fundamentals.
• Comfort with Excel, Python, AI assistants, Bloomberg/FactSet, and alternative data sources.

Responsibilities

• Build and maintain earnings models and financial analysis, using automation and AI tools where useful.
• Stay on top of global sector news and communicate read-through and implications for covered companies.
• Develop differentiated, non-consensus insights and translate them into clear research reports.
• Respond quickly to data and analysis requests from internal and external clients.
• Support the Analyst in client-facing work: marketing materials, meeting prep, and direct client interaction.
• Exercise editorial judgment on written output to ensure analytical value and a clear point of view.

Skills

Equity research

Financial modeling

Excel

Python

AI tools

Education

Bachelor's degree or above

Tools

Bloomberg

FactSet

Job description

We’re looking for Research Associates to join our ASEAN Equity Research team in Singapore. You’ll work closely with analysts covering the Energy, Power and Infrastructure sectors across the region. In the Research division, we offer timely, integrated analysis of companies, sectors, markets, and economies, helping clients with their most critical decisions. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

• Build and maintain earnings models and financial analysis, using automation and AI tools where useful to work efficiently — while applying strong judgment to check outputs, catch errors, and know when something needs to be built or verified by hand
• Stay on top of relevant news developments in the sector globally — not just regionally — and quickly communicate the read-through and implications for covered companies and themes. Go beyond what's readily searchable — through channel checks, expert conversations, store visits, and industry contacts
• Develop differentiated, non-consensus insights on companies, sectors, or themes, and translate them into clear, well-argued research reports
• Respond quickly and accurately to data and analysis requests from internal and external clients, often on short notice
• Support the Analyst in client-facing work: marketing materials, meeting prep, and increasingly, direct client interaction
• Exercise editorial judgment on written output — ensuring reports reflect real analytical value and a clear point of view

What you’ll bring to the role:

• Bachelor's degree or above
• At least 1 year of equity research or relevant industry experience preferred (buy-side, consulting, or operating experience in relevant sector also considered)
• Solid grounding in financial modeling and accounting fundamentals, plus comfort working with modern research and productivity tools (Excel, Python, AI assistants, Bloomberg/FactSet, alternative data sources)
• Genuinely proactive — someone who takes initiative, asks the next question, and doesn't wait to be told what to check
• Sharp, quick thinking; able to react in real time to breaking news, results, and shifting market narratives
• Comfortable operating under tight, often compressed deadlines without sacrificing accuracy
• Willingness and ability to collaborate with global teams across time zones — including the US, given some covered stocks are listed there — which may require flexibility outside standard Singapore hours
• Strong interpersonal skills and cultural sensitivity, with the ability to work effectively across a diverse, global team

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 that’s differentiated – and we’ve 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 - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll 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. There’s 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 https://www.morganstanley.com/about-us/global-offices into your browser.

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 that’s differentiated – and we’ve 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 - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll 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. There’s 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 https://www.morganstanley.com/about-us/global-offices into your browser.

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: https://www.morganstanley.com/people-opportunities/eeo. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society. What We Do