US Equity Research - Metals & Mining - Associate

Testing Site - JPMC; New York (NY); On-site; USD 110,000 - 150,000; Full time

Job summary

J.P. Morgan's Equity Research Associate, Metals & Mining, is for an intellectually curious, highly communicative writer who builds relationships, triangulates data, and solves puzzles.

You will become an industry expert, covering company analytics, earnings dissections, and sector updates. You will build and maintain Excel models, perform detailed valuation work, analyze filings and news events, and write research notes for internal and external clients.

Qualifications

• Proven experience in building and maintaining Excel models for forecasting and valuation.
• Strong accounting, finance, quantitative and business communication skills.
• Advanced Excel proficiency essential for modeling and data manipulation.
• Familiarity with securities research processes and industry dynamics is a plus.

Responsibilities

• Build and maintain Excel-based models to forecast company financials and project industry dynamics.
• Perform detailed valuation work to support stock recommendations.
• Analyze complex data sets, news releases, regulatory filings, and industry events to shape your view of the industry and companies under coverage.
• Write research notes on covered companies and sector reports and prepare presentations.
• Build relationships and communicate effectively with internal and external clients, industry experts, and management teams.
• Fulfill client requests in a timely and thorough manner.
• Demonstrate intellectual curiosity and seek to generate ideas for differentiated research product.

Skills

Excel proficiency

Financial modeling

Valuation

Communication skills

Attention to detail

Education

FINRA Series 86 & 87 licenses

CFA progress

Geology or Mining Engineering background

Tools

Python

VBA

Job description

Job Summary:

Are you intellectually curious, highly communicative, an efficient writer, and good at building relationships, triangulating data, and solving puzzles? You have found the right team!

As an Associate in Equity Research covering Metals & Mining, you will become an industry expert, helping to conduct and facilitate industry analysis and company-specific coverage.This involves core research ranging from dissecting earnings releases and regulatory filings to assessing relevant news events, modeling financial statements and industry dynamics, performing detailed valuation work, writing research notes and sector pieces, and speaking to internal and external clients and management teams about the stocks and sector. You will work with our partners in both Sales and Trading to provide comprehensive client coverage, including fulfilling client requests for market updates and market intelligence. Research is fast-paced, demanding and intellectually stimulating. We look for candidates who possess strong accounting, finance, quantitative and business writing and communication skills, as well as modelling, forecasting, and valuation experience.

Corporate and Investment Banking - Research

One of the world’s most highly respected advisory franchises, J.P. Morgan’s fundamental and quantitative research provides thoughtful and differentiated analyses on sectors and companies and actionable ideas and thematic insights that empower our clients to make well-informed investment and strategic decisions.

Job Responsibilities:

• Build and maintain Excel-based models to forecast company financials and project industry dynamics
• Perform detailed valuation work to support stock recommendations
• Analyze complex data sets, news releases, regulatory filings, and industry events to shape your view of the industry and companies under coverage
• Write research notes on covered companies and sector reports and prepare presentations
• Build relationships and communicate effectively with internal and external clients, industry experts, and management teams
• Fulfill client requests in a timely and thorough manner
• Demonstrate intellectual curiosity and seek to generate ideas for differentiated research product

Required Qualifications:

• FINRA licenses Series 86 and Series 87
• Two to three years of experience in equity research and/or investment banking
• Strong accounting, finance, quantitative and business communication skills, as well as modelling, forecasting, and valuation experience
• Advanced level of proficiency in Excel
• Ability to multi-task and collaborate within a team environment as well as work independently
• High level of organizational skills, excellent attention to detail, and a provenability to meet deadlines in a dynamic environment
• Passion for the markets and interest in Metals & Mining sector

Preferred qualifications:

• CFA charterholder or progress towards CFA
• Some coding capabilities – e.g., VBA, Python
• Background in Geology or Mining Engineering