Equity Research Senior Associate - Industrial Technology

Jefferies; New York (NY); On-site; USD 135,000 - 165,000; Full time

Job summary

Jefferies seeks an experienced Associate to support coverage of the advanced industrials and industrial technology sectors, focusing on automation & robotics, electrification, precision technologies, photonics, and power infrastructure.

The role involves building detailed financial models, analyzing industry trends, and developing differentiated investment insights for clients. Strong Excel, research tooling (Bloomberg/FactSet) and communication skills are required.

Qualifications

• Bachelor’s degree required.
• CFA or progress toward CFA preferred.
• FINRA Series 63, 86, and 87 preferred (required within 5 months of hire).

Responsibilities

• Develop and maintain detailed financial and operating models.
• Analyze industry developments and technology adoption trends to identify investment opportunities and risks.
• Track catalysts through earnings, filings, and investor communications.
• Engage with industry participants to assess demand trends and competitive positioning.
• Author first-look earnings notes and thematic research on automation and advanced industrials.
• Support market sizing and value-chain analysis to develop differentiated insights.
• Communicate investment views to clients and collaborate with sales/trading.
• Build relationships with management teams and industry experts.

Skills

Advanced Excel modeling

Financial analysis

Industry knowledge

Communication skills

Channel checks

Education

Bachelor’s degree

CFA (progress toward)

Tools

Bloomberg Terminal

FactSet

Job description

Jefferies is seeking an experienced Associate to support coverage of the advanced industrials and industrial technology sectors, with a primary focus on automation & robotics, electrification, precision technologies, photonics, and power infrastructure.

Responsibilities:

• Develop and maintain detailed financial and operating models, incorporating key end-market drivers such as industrial automation, manufacturing activity, electrification, automotive production, electronics demand, and capital spending trends.
• Analyze industry developments, competitive dynamics, and technology adoption trends to identify investment opportunities and risks.
• Track company-specific catalysts through earnings reports, regulatory filings, investor communications, industry events, and primary research.
• Conduct channel checks and engage with industry participants, customers, suppliers, distributors, and subject matter experts to assess demand trends and competitive positioning.
• Author first-look earnings notes, company updates, and thematic research on topics related to automation, industrial digitization, electrification, AI-driven manufacturing, and advanced industrial technologies.
• Support initiation reports, industry primers, market-sizing exercises, and value-chain analysis to develop differentiated investment insights.
• Respond to client inquiries and collaborate closely with sales and trading to communicate investment views, sector themes, and company-specific developments.
• Build and maintain relationships with company management teams, investor relations professionals, industry experts, and other key stakeholders.

Qualifications:

• 2+ years of experience covering industrials, industrial technology, automation, semiconductors, electronics, automotive technology, or adjacent sectors across sell-side research, buy-side investing, investment banking, or consulting.
• Familiarity with industrial technologies and business models, including automation & robotics, machine vision, precision instrumentation, power electronics, photonics, thermal management, and industrial software or digitization trends.
• Strong understanding of key industrial end markets, including manufacturing, electrification, automotive, electronics, data center infrastructure, and broader capital investment cycles.
• Ability to assess technology adoption and competitive positioning, including product differentiation, market share opportunities, and long-term industry trends.
• Experience analyzing industry data and leading indicators, including industrial production, PMI, automotive production, electronics demand, and capital spending trends.
• Advanced Excel modeling skills, including operating models, multi-segment valuation frameworks, sensitivity analysis, and scenario development.
• Excellent written and verbal communication skills, with an ability to translate complex technical concepts into actionable investment insights.
• Proficiency in FactSet and/or Bloomberg; experience with industry databases and channel-check research is a plus.
• Solid grounding in accounting, corporate finance, and valuation, including operating leverage, capital allocation, margin frameworks, and return analysis.

Education:

• Bachelor’s/University degree required
• CFA or progress toward CFA designation preferred
• FINRA Series 63, 86, and 87 preferred (required within 5 months of hire)

Primary Location Full Time Salary Range of $135,000 - $165,000.