Description
Under general supervision, the Research Associate II will be responsible for
providing information, data gathering, analysis, modeling, and
organization support to the senior level Research Analysts. Has mastered the
foundational skills required of an Associate I. 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 question from Sales and Clients and is beginning to
represent the associates in internal research presentations.
ESSENTIAL DUTIES AND RESPONISIBILITES
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 resources 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%.
QUALIFICATIONS
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.
Judgement and Decision Making - considering the relative costs and benefits of
potential actions to choose the most appropriate one.
Time Managment - 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.
EDUCATION AND EXPERIENCE
Minimum required: Bachelor's degree.
Minimum required: 2 to 4 years of relevant industry experience and/or
proven experience at the Associate I level.
LICENSES AND CREDENTIALS
Minimum required: none.
Qualifications
Education
Bachelors of FINANCE (preferred)
Stifel is committed to providing equal employment opportunities (EEO) to
all associates,
applicants for employment, and individuals providing services in the
workplace without regard to
actual or perceived race, color, religion, creed, gender, pregnancy
(including childbirth, lactation,
child-bearing capacity, sterilization, fertility, past pregnancy
condition and the potential or intention
to become pregnant and related medical ondition), sexual and reproductive
health decisions, sexual
orientation, gender identity and gender expression (including transgender
individuals who are
transitioning, have transitions, or are perceived to be transitioning to
the gender with which they
identify), national origin, ancestry, age, disability, weight,
genetic information, marital status,
citizenship status, familial status, homelessness (i.e., lack of a
permanent mailing address or a
mailing address that is a shelter or social services provider), status as
a covered veteran or any
other protected criteria in accordance with applicable federal, state and
local laws. Stifel complies
with applicable state and local laws governing non-discrimination in
employment applicable to
each location in which the Firm operates. Stifel strictly prohibits any form
of unlawful
discrimination.
Equal opportunity extends to all aspects of the employment relationship,
including hiring,
transfers, promotions, training, termination, working conditions,