Research Associate - Financial Institutions, Large Cap Banks, Investment Banks and Alternative [...]

Oppenheimer & Co Inc; New York (NY); On-site; USD 100,000 - 150,000; Full time

Job summary

Oppenheimer & Co. Inc. is seeking a Research Associate to join its Financial Institutions team in New York City. This entry-level position will support the lead analyst in developing and marketing equity research products, with responsibilities including report writing and financial modeling. The ideal candidate should possess strong writing, analytical, and quantitative skills, along with a foundational knowledge of finance and accounting, for a rewarding career in equity research within a leading middle-market investment bank.

Benefits

Discretionary bonus eligibility

Qualifications

• Strong background in accounting and exposure to finance.
• Attention to detail and strong work ethic required.
• Ability to work independently and manage multiple projects.

Responsibilities

• Support the Financial Institutions team in developing equity research products.
• Build and maintain integrated financial models.
• Write and produce equity research reports under tight deadlines.

Skills

Strong writing skills

Analytical skills

Financial modeling

Accounting

Valuation skills

Quantitative skills

PC skills (Excel, Word, PowerPoint)

Education

Background in finance and equity research

Tools

Bloomberg

Factset

Job description

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Research Associate - Financial Institutions, Large Cap Banks, Investment Banks and Alternative Asset Managers

Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

Job Description:

Oppenheimer & Co. Inc., a leading mid-tier investment bank, is currently seeking a research associate to support our Financial Institutions team covering large cap banks, investment banks and alternative asset manager. The position is located in New York City.

The research associate will work in conjunction with and support the lead analyst and another research associate on the team on all aspects of developing and marketing equity research products, including research reports, models, and industry analysis.

The position demands independence, initiative, and entrepreneurship, as the associate will gain responsibility over a broad array of report writing, model building, and other product maintenance duties. Attention to detail, strong work ethic, ability to multi-task and excellent communication skills are critical. The ideal candidate will have a strong background in accounting and a keen desire to uncover details to aid in the creation of research. This is an ideal entry level position for someone with exposure to finance and equity research. The candidate must have some knowledge of accounting and financial statements.

In addition to the above, we look for people who possess, or have the potential to possess, the following characteristics:

• Strong writing and analytical skills. Associates are responsible for writing and producing equity research reports, company initiations, and marketing presentations—often under very tight time constraints;
• Strong financial modeling, accounting, valuation, and quantitative skills. Associates are responsible for building and maintaining integrated I/S, B/S, and C/F models and for organizing and maintaining industry data. Attention to detail is critical;
• It is highly advantageous to have a passion for and exposure to the financial markets and equity research, as well as the day-to-day responsibilities of an equity research associate;
• Strong sales and communication skills. As time progresses, associates will interact with internal sales and trading and external clients. Responsiveness and professionalism is important;
• Ability to work independently and initiate and accomplish projects with minimal supervision. Aggressive self-starters with a strong work ethic are desirable;
• Ability to organize, prioritize and manage multiple projects simultaneously;
• PC skills: the position requires strong Excel skills and a fair command of Word, PowerPoint, Bloomberg and Factset.

Compensation:

For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $100,000.00 - $150,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.