Equity Research Analyst or Associate - IT Services

guggenheim; New York (NY); On-site; USD 100,000 - 140,000; Full time

Job summary

Guggenheim Securities is seeking an Equity Research Analyst or Associate to support a senior analyst covering the IT services sector. The role entails fundamental research, complex financial modeling, and articulating investment theses to institutional investors and the sales force.

The ideal candidate will have strong writing, modeling, and communication skills, with the ability to travel for industry events and collaborate across teams. NY office-based role with potential travel.

Qualifications

• 1-4 years of relevant experience.
• BA/BS Degree required.
• Proficient in Excel, PowerPoint, and Word; must obtain SIE, 63, 86 and 87 licenses within 6 months of hire.

Responsibilities

• Conduct fundamental bottom-up research on IT Services companies, including analysis of disclosures and financial reports.
• Aggregate and synthesize data on IT Services industry trends.
• Monitor market news, macro trends, and stock performance of covered companies.
• Draft reports recapping earnings, themes, events, and breaking news.
• Build and maintain detailed financial models (DCF, SOTP, comps).
• Interact with institutional sales force and clients; respond to inquiries on findings.

Skills

Financial modeling

Communication

Attention to detail

Teamwork

Education

BA/BS Degree

Tools

Microsoft Excel

PowerPoint

Word

Job description

Job Description

Position Summary

Guggenheim Securities ("GS") is seeking a highly motivated Equity Research Analyst or Associate to support a well-established Senior Research Analyst covering the IT Services industry. The person will be responsible for conducting fundamental research on both public and private companies and maintaining complex financial models. Over time, the person will develop the ability to effectively articulate the business strategies of covered companies and stock recommendations to institutional investors and Guggenheim's institutional sales force. The ideal candidate should have excellent writing, financial modeling and communication skills, as well as demonstrate high aptitude for gathering and synthesizing relevant primary and secondary market data. Candidate must be detail-oriented, collaborative, and willing to travel periodically to industry events. This is a demanding but rewarding role with significant career upside.

Essential Job Functions

• Conduct fundamental bottom-up research, including but not limited to: analyzing disclosures and financial reports of public companies, and conducting due diligence on companies' products, sales and marketing models, and competitive landscape
• Aggregate and synthesize data on IT Services industry trends
• Actively monitor market news, macro trends, and stock performance of covered companies
• Regularly draft reports recapping companies' earnings results, relevant investment themes, events, and breaking news
• Build and maintain detailed financial models, including discounted cash flow, SOTP, and comparable company analysis models
• Interact with the Firm's institutional sales force and investor clients, and respond to inquiries regarding research findings and directives
• Regularly update analyst marketing decks
• Periodically assist with survey design and collection, web-scraping, due diligence calls, and channel checks
• Occasionally travel to industry events, represent the Firm in a professional manner, and recap event highlights in timely fashion
• Assist with investor outreach, research distribution lists, occasional firm-hosted events, and contribute to collectively managed team calendar
• Over time, develop the ability to seamlessly communicate investment theses and stock recommendations, and contribute original research ideas

Preferred Qualifications

• Fluency in modeling financial statements
• Comfortable with large data sets and reporting
• Understanding of the capital markets and stock markets, and a passion for investing
• Excellent written and oral communication skills to successfully convey investment messages, ideas, or nuances to institutional investors, team members, salespeople, and/or traders
• Outstanding analytical skills; ability to conduct deep primary research, analysis, and draw conclusions from information
• Strong interpersonal relationship skills and style conducive to building relationships
• Ability to thrive in a fast-paced, deadline-driven environment; self-starter with a proven commitment to producing high quality work
• Team-oriented, unquestionable honesty and integrity, intellectual curiosity, and dedication to providing clients with the best products
• Ability to deliver under pressure and meet deadlines effectively

Basic Qualifications

• 1-4 years of relevant experience
• B.A. or B.S. Degree required
• Proficient in Microsoft Excel, PowerPoint, and Word
• Must have or obtain SIE, 63, 86 and 87 licenses within 6 months of hire

Work Location

Currently, this role is expected to be in the New York office at least 4 days per week.

Salary

Annual base salary between $100,000 - 140,000.

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.

For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at [e-mail] or 212.518.9200.

Guggenheim Securities, LLC ("GS") does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.