Equity Research Associate - Energy Transition & Infrastructure

BMO Harris Bank; Houston (TX); On-site; USD 150,000 - 225,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group is seeking a Senior Equity Research Associate or VP to join the Energy Transition & Infrastructure team in New York or Houston. You will help develop and market equity research products, working closely with a senior analyst to deliver actionable investment insights to institutional clients.

Ideal candidates have a strong financial background, 3+ years in equity research, excellent written and verbal communication skills, and the ability to manage deadlines in a fast-paced

Qualifications

• Bachelors in finance, accounting, economics, engineering, data science or related field is required.
• ],
• job_responsibilities_description
• : [

Responsibilities

• Build and maintain detailed company financial and valuation models (IS/BS/CF).
• Analyze financial statements and industry and company news.
• Review company filings (10-K/10-Q/earnings) and management transcripts.
• Write equity research reports and develop investment theses over time.
• Utilize AI-enabled tools and data science techniques to boost productivity and analysis.
• Participate in site visits, management meetings, and industry events.
• Maintain and analyze industry and company data.
• Communicate investment recommendations to internal and external clients.
• Develop tools to gather industry and company news for timely client products and research.
• Build relationships with industry, regulatory, and policy experts to gauge trends.

Skills

Analytical ability

Writing skills

Client interaction

Financial statement analysis

Valuation knowledge

Attention to detail

Equity research

Industry knowledge

Education

Bachelor's degree in finance/economics/engineering/data science

Tools

Excel

Bloomberg

FactSet

Word

PowerPoint

Job description

Job Family Group: Customer Solutions

Address: 700 Louisiana Street

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

Senior Equity Research Associate or VP

We are seeking a Senior Equity Research Associate or VP to join our Energy Transition & Infrastructure team. Our Energy Transition & Infrastructure franchise sits at the intersection of several of the most important investment themes shaping global markets today, including AI-driven power demand growth, natural gas and LNG infrastructure expansion, grid modernization, electrification, renewable energy deployment, energy storage, distributed generation, and emerging energy technologies. The team provides investors with differentiated research across traditional energy infrastructure and next-generation power and industrial technologies.

The associate will be an integral member of the team and will work closely with the senior analyst to develop and market equity research products. The role requires strong analytical and critical-thinking skills, solid written and verbal communication skills, a drive for client interaction, a passion for the stock market, keen attention to detail, and a strong work ethic.

The work environment emphasizes collaboration, coordination, and a shared knowledge base across the team, while equally valuing independence, initiative, idea generation, and a sense of ownership.

Ideal Candidate

Our ideal candidate is fully licensed and has a minimum of three years of equity research or relevant industry experience, ideally in energy infrastructure, power, renewables, clean-energy technology, or a related industrial sector. The candidate should have a strong financial background and a desire to help develop and support research across a coverage universe that includes midstream and LNG infrastructure, power equipment and services, solar and energy storage, and emerging energy technologies. Strong accounting and finance skills, excellent written and verbal communication skills, a passion for the stock market, and the ability to contribute on a fast-paced equity research team are critical.

The successful candidate should demonstrate the potential to become a thought leader in the sector and increasingly take ownership of company coverage, client relationships, and research product development. The role offers significant visibility and direct exposure to institutional investors, corporate management teams and industry experts. The person can be located in either New York or Houston.

Responsibilities include, but are not limited to:

• Building and maintaining detailed company financial and valuation models (IS/BS/CF)
• Analyzing financial statements and industry-and company-specific news
• Analyzing company filings (10-K, 10-Q, earnings releases) and management transcripts
• Writing equity research reports and, over time, formulating investment theses
• Utilizing alternative data, AI-enabled tools, and data science techniques to enhance research productivity and investment analysis
• Participating in site visits, management meetings, and industry events
• Maintaining and analyzing industry and company-level data
• Communicating investment recommendations to internal and external clients
• Developing tools and processes to gather and analyze industry and company news for timely client products and the team's ongoing research
• Building industry, regulatory, and policy relationships to better assess sector trends and company-specific events

Experience/Skills

A combination of strong analytical ability, writing skills, and technical knowledge in equity research, finance, accounting, engineering, or a related field, demonstrated through relevant work and educational experience, is required. Prior experience in energy infrastructure, utilities and power, renewables, industrial technology, or adjacent sectors is not required but would be beneficial. Candidates must have a clear and proven track record of achievement throughout their education and career. Other necessary attributes include:

• Exceptional written and verbal communication skills
• Strong organizational skills and comfort managing various priorities
• Client service mindset and ability to prioritize client needs with accuracy
• The ability to interact professionally with company management teams and clients (analysts and portfolio managers)
• A keen interest in and demonstrated understanding of Equity Research
• A positive attitude, intellectual curiosity, the ability to learn quickly and strong attention to detail
• Superior work ethic, self-motivated and the ability to work both collaboratively as well as independently
• Ability to systematically manage a heavy workload and meet stringent deadlines
• Flexibility to work irregular and extended hours
• Solid technology skills with robust knowledge of Excel, Word, PowerPoint, Bloomberg and/or FactSet
• Demonstrated use of AI in the workplace
• Strong understanding of valuation methodologies including DCF, NAV, EV/EBITDA, dividend discount, and sum-of-the-parts approaches
• Ability to synthesize large volumes of information into concise, actionable investment recommendations

Education

A bachelor's degree is required. A degree in finance, accounting, economics, engineering, data science, or a related field is a plus.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.

Senior Research Associate Salary Range

The salary range for this role is $150,000 up to $180,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

VP, Equity Research Salary Range

The salary range for this role is $200,000 up to $225,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

Salary

Pay Type: Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.