Experienced Associate - Equity Research, IT Services

Guggenheim Securities; New York (NY); On-site; USD 140,000 - 165,000; Full time

Job summary

A leading investment firm in New York is seeking a motivated Equity Research Associate to support a Senior Research Analyst in the IT Services industry. The role involves conducting fundamental research, maintaining financial models, and articulating business strategies to investors. Ideal candidates will possess strong analytical, communication, and financial modeling skills, with a commitment to high-quality work in a fast-paced environment.

Qualifications

• 3-5 years of relevant experience.
• Fluency in modeling financial statements.
• Understanding of capital markets and stock markets.

Responsibilities

• Conduct fundamental bottom-up research on public companies.
• Build and maintain detailed financial models.
• Draft reports on earnings results and investment themes.

Skills

Financial Modeling

Communication

Analytical Skills

Interpersonal Skills

Education

B.A. or B.S. Degree

Tools

Microsoft Excel

PowerPoint

Word

Job description

• Guggenheim Securities ("GS") is seeking a highly motivated Equity Research 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
• 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

• 3-5 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.
• Annual base salary between $140,000 and $165,000.
• 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.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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

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Equity Research Associate • New York, NY, United States