The basic Equity Research Associate job description is providing analysis of securities data to inform fund managers and aid them in the investment process. The job requires problem-solving expertise and a broad knowledge of the stock market to successfully interpret data into meaningful recommendations. These recommendations are in regard to buying or selling certain equity investments.
The primary duty of an equity research associate is to assist senior analysts in regard to investment decision research. As an equity research associate, you will assist the company’s Equity Analysts and Portfolio Managers in the critical evaluation of potential equity investments. Oftentimes, direction is provided by senior team members, but the research associate must do the brunt of the valuation and sensitivity analysis work on their own. Other aspects of research associate work involve producing financial models, evaluating public information, and gathering any other available forms of data. Equity research associates may also be tasked with interviewing managers, suppliers, customers, and even competitors, to collect data.
The Role of an Equity Research Associate – Job Description
Being an equity research associate is a pivotal role as it involves the responsibility for providing information to business management, which is then used in making important investment decisions
Other duties undertaken by the equity research associate may involve direct interactions with clients. The investment researcher has the responsibility of explaining to customers why the particular models are important in the implementation of successful business portfolios
An equity research associate might be working for a firm or for individual salespeople, such as a stockbroker
This equity research associate job description is drawn from the responsibilities outlined by companies like Merrill Lynch Bank of America, JPMorgan, Morgan Stanley, and other top global banks.
To see how the role of the equity research associate compares to other positions in corporate finance, explore our interactive career map to find out which path is right for you!
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