KBW Equity Research Associate II - Brokers, Asset Managers and Exchanges

Stifel; Pretoria; On-site; ZAR 30 000 - 70 000; Full time

Job summary

An established industry player is seeking an Associate II for its Equity Research team. This role involves building and maintaining financial models, analyzing data, and supporting senior analysts. With a focus on Brokers, Asset Managers, and Exchanges, the candidate will leverage their financial and accounting knowledge to craft compelling investment theses. The position offers a dynamic environment where analytical skills and critical thinking are highly valued, making it an exciting opportunity for those looking to advance their careers in finance. If you're passionate about research and eager to contribute to a collaborative team, this is the role for you.

Benefits

Health Insurance

Bonuses

Flexible Work Hours

Professional Development Opportunities

Qualifications

• 1-4 years of relevant experience in financial analysis and modeling.
• Strong foundation in financial and accounting knowledge.

Responsibilities

• Build and maintain Excel-based financial models and reports.
• Analyze management information to identify operational problems.

Skills

Inductive Reasoning

Critical Thinking

Judgment and Decision Making

Time Management

Oral and Written Communication Skills

Knowledge of Economics

Accounting

Finance

Securities Analysis

Education

Bachelor's degree

Tools

Microsoft Excel

Microsoft PowerPoint

Bloomberg

FactSet

Morningstar

Dealogic

Pregin

Job description

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success.

What You'll Be Doing

KBW is hiring for an Associate II on its Equity Research team covering Brokers, Asset Managers, and Exchanges.

The candidate should have 1-4 years of relevant experience and will be responsible for providing information, data gathering, analysis, building and maintaining financial models, and organizational support to a senior level Research Analyst. The candidate will need a solid understanding of the assigned sector and the ability to clearly state and defend the investment thesis for all stocks in the sector. A strong foundation in financial and accounting knowledge, along with excellent writing and verbal skills, is essential.

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, relating constants and variables, restrictions, and alternatives.
• Analyze management information to identify operational problems.
• Validate and test models, reformulating as necessary.
• Build and update comparable company sheets.
• Manage databases and electronic data services (e.g., Bloomberg, FactSet, Morningstar, Dealogic, Pregin).
• Clearly state and defend the Analyst's investment thesis and outlook for each stock covered.
• Respond to questions from institutional sales and clients regarding covered companies and industry data requests.
• Develop written reports with guidance from senior Research Analysts.
• Evaluate valuation methodologies for stocks and sectors.
• Support special projects for senior Research Analysts.
• Use all available resources to expand industry knowledge.
• Some travel may be required, including local, regional, and national trips.

What You'll Bring

• Inductive Reasoning
• Critical Thinking
• Judgment and Decision Making
• Time Management
• Oral and Written Communication Skills
• Knowledge of Economics, Accounting, Finance, and Securities Analysis

Education & Experience

• Bachelor's degree required
• 2-4 years of relevant industry experience or proven experience at the Associate I level

Licenses & Credentials

• SIE, Series 86, Series 87 preferred but not required

Systems & Technology

• Proficiency in Microsoft Excel and PowerPoint

Compensation Range

Salary varies based on qualifications and competencies. The total compensation package includes base salary, bonuses, health insurance, and other benefits. For more details, visit Stifel Benefits. Applications are accepted until the position is filled.

About Stifel

Founded in 1962 by Harry Keefe, Jr., Gene Bruyette, and Norbert Woods, KBW has grown to become a leading expert in financial sub-sectors, focusing on regional banks and expanding into sales, trading, and research. KBW is recognized for its top research in various financial sectors, including being #1 in several categories according to the 2024 Coalition Greenwich Survey.