Research Associate II - Business & Information Services and Environmental Services

Stifel; Baltimore (MD); On-site; USD 70,000 - 90,000; Full time

Job summary

Stifel is seeking a skilled Associate Level 1 in Baltimore, Maryland. This role focuses on financial modeling, data analysis, and supporting senior Research Analysts. Candidates should possess a Bachelor's degree and have at least 3 years of relevant industry experience. Proficiency in Microsoft Excel and the ability to clearly communicate investment theses are essential. The position entails some travel and offers opportunities for professional growth in a supportive team environment.

Qualifications

• Bachelor's degree is required.
• 3+ years of relevant industry experience or proven experience at Associate I level.
• Proficient in financial modeling and analysis.

Responsibilities

• Build and maintain Excel-based financial models.
• Analyze information from management to define operational problems.
• Perform model validation and testing.
• Develop written products with direction from senior analysts.
• Manage databases and electronic data services.

Skills

Inductive Reasoning

Critical Thinking

Judgment and Decision Making

Time Management

Oral and Written Expression

Economics and Finance Knowledge

Team Collaboration

Education

Bachelor's degree

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

Under general supervision, responsible for providing information, data gathering, analysis, modeling, and organizational support to the senior level Research Analysts. Has mastered the foundational skills required of an Associate level 1. At this level, assumes significantly more writing and modeling responsibilities. Is responsible for developing a solid understanding of the assigned sector and can clearly state and defend the investment thesis for all stocks in the assigned sector. Must be able to handle basic questions from Sales and Clients and is beginning to represent the associates in internal research presentations.

What We're Looking For

• Build and maintain Excel-based financial models, including income statements, balance sheets, cash flow statements, and discounted cash flow analysis.
• Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
• Analyze information obtained from management in order to conceptualize and define operational problems.
• Perform validation and testing of models to ensure adequacy; reformulate models as necessary.
• Building and updating comp sheets.
• Managing the databases and electronic data services (i.e. Bloomberg, FactSet, etc.)
• Must be able to clearly state and defend the Analyst's investment thesis and outlook for each of the stocks under coverage.
• Respond to basic questions from institutional sales and clients regarding covered companies, and industry questions and data requests.
• Develop written product with modest direction from the senior level Research Analyst.
• Able to evaluate basic valuation methodologies to stocks under coverage and the broader sector.
• Meets the special projects demands of the senior level Research Analysts.
• Uses all resources to determine and locate relevant data.
• Continues to build industry knowledge.
• Continues to develop external sources (management teams, suppliers, and customers). Must be able to integrate these sources in the research product. Will be assigned a small client contact list and will be responsible for meeting the needs of those clients.
• Some travel by car and/or air in conjunction with local, regional and/or national travel, up to 20%.

What You'll Bring

• Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Time Management - Managing one's own time and priorities to ensure the meeting of deadlines
• Oral and Written Expression - The ability to communicate information and ideas in spoken or written form so that others will understand.
• Economics, Accounting, Finance, and Securities Analysis - Knowledge of economic, accounting, and financial principles and practices, the financial markets, the industry, the analysis and reporting of financial data, and associated terminology.
• Eagerness to learn and a positive attitude.
• Ability to work well within a group.

Education & Experience

• Minimum Required: Bachelor's degree
• Minimum Required: 3+ years of relevant industry experience and/or proven experience at the Associate I level

Licenses & Credentials

• Minimum Required: None

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook