Equity Research Associate - Industrials

0380 KeyBanc Capital Markets Inc.; Cleveland (OH); Hybrid; USD 80,000 - 150,000; Full time

Job summary

KeyBank is seeking an Associate in Equity Research - Industrials to support senior analysts in analyzing industrials and related securities. The role involves collecting financial data, building and evaluating models, and preparing investment opinions and publications for internal and client use.

The candidate will conduct independent research, use market data platforms such as Bloomberg and CapIQ, and collaborate with sales and syndicate teams.

Qualifications

• Bachelor’s degree in business, accounting, finance, or related field (required).
• 1+ years of experience in an analytical or financial role (required).
• FINRA Series SIE, 7, 63, 86, 87 licenses required.

Responsibilities

• Collect, evaluate, and apply financial data on economy and markets for researching stocks within industries.
• Analyze and synthesize data; present trends and investment opportunities.
• Formulate opinions and recommendations on securities within industry groups.
• Prepare reports and models for investment policy decisions and firm publications.
• Answer inquiries from firm personnel regarding securities or industry groups.
• Prepare and disseminate studies and forecasts for syndicate or investment banking teams.
• Interview executives to develop sources for analyses.
• Maintain company databases using spreadsheets and database software.

Skills

Oral and written communication

Financial modeling

Equity research platforms

Data analysis

Excel and Access

Market dynamics knowledge

Presentation skills

Education

Bachelor’s degree in business, accounting, finance or related field

3 senior level accounting/financial analysis courses

Tools

Bloomberg

CapIQ

Microsoft Excel

Microsoft Access

Job description

Location: 127 Public Square, Cleveland Ohio

Job Summary The Associate, Equity Research - Industrials is a part of the KeyBanc Capital Markets (KBCM) team and works closely with senior research professionals to assist in preparing and executing analyses of an assigned industry group, individual companies, and their securities.

Essential Functions

• Collecting, evaluating, and applying statistical and financial data on the economy and financial markets, specifically with respect to researching common stocks within specific industries.
• Analyzing and synthesizing researched data and presentation of trends and ideas with regard to business opportunities and investment decision making processes.
• Formulating and issuing opinions and recommendations on securities and companies in one or more industry groups.
• Preparing reports, opinions, recommendations, and statistical data, including assisting in financial statement modeling, for use in the formulation of the investment policies and/or recommendations of the firm.
• Answering inquiries from firm personnel regarding individual securities or industry groups.
• Prepares studies and other data for firm publication issued to the general public.
• Preparing and disseminating special studies, models, forecasts, and/or presentations to furnish information to the Syndicate or Investment Banking groups on security offerings and underwriting.
• Interviewing company executives or industry leaders to develop and maintain sources of information in preparation of analyses.
• Maintaining company databases using spreadsheets and database software.
• Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice.
• Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Education

Bachelor's Degree in business, accounting, finance, or a related field or completion of no less than 3 senior level accounting and/or financial analysis courses (required)

Work Experience

• 1+ years of experience in an analytical or financial role (required)
• Corporate financial modeling experience (required)

Licenses and Certifications

Candidates will be required to complete the FINRA Series SIE, 7, 63, 86, 87 licenses.

Skills

• Strong oral and written communication skills
• Experience with building financial models and equity data manipulation.
• Ability to conduct thorough and independent research and comfort with financial research platforms (Bloomberg, CapIQ, etc.)
• Ability to organize, analyze, and interpret data
• Proficiency with Microsoft Excel and Access
• Strong interest in financial markets and working knowledge of market dynamics and influences.
• Ability to synthesize data and articulate findings through excellent presentation skills.

Core Competencies

All KeyBank employees are expected to demonstrate Key’s Values and abide by Key’s Code of Conduct.

Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Work Location Category

Hybrid (Sales)

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $80,000.00 - $150,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives. Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date

12/31/2026

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [e-mail].

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KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You’ll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.