Equity Research Analyst Job Description Template

An equity researcher analyzes and provides financial insights on publicly-traded companies and/or sectors to facilitate investment decisions within fund allocations.

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The role of the researcher can be sell-side or buy-side. The former refers to analysts that are in a bank, or a broker, who offer paid research to institutional investors with a view to solicit the provision of further financial services. The latter will be analysts working directly within investment funds that generate investment ideas and strategies for its fund managers.

As the name suggests, this is a role traditionally applied to the equity class of assets. However similar research roles do exist within the commodity and fixed income space. The job description below can be tweaked to apply to such roles.

One quirk of equity research is that an analyst is not an entry-level position, as is a common title in other banking roles. An associate is actually the most junior position within the team and acts as an assistant to the analyst, who will have their name directly attributed to the published research reports.

Equity Research Analyst - Job Description and Ad Template

Copy this template, and modify it as your own:

Company Introduction

{{Write a short and catchy paragraph about your company. Provide information about the company’s culture, perks, and benefits. Mention office hours, remote working possibilities, and anything else that makes your company interesting. Also frame where the team and role fits into the organisational structure, as research teams can have different coverage hierarchies.}}

Job Description: Sell-Side Equity Research

The Equity Research department provides independent and objective investment research to the global investment community. It collects and analyzes financial information for stocks within {{list coverage sectors}}. Analysts within this team use this data to build financial models to explore future scenarios of the stocks on a company and wider macroeconomic level.

The ideal candidate will combine a strong quantitative skill set with a range of qualitative skills in order to effectively communicate their research in writing and verbally to clients. In addition, we seek someone with the highest level of ethical integrity.

Responsibilities

  • Create and maintain earnings, valuation, and industrial models for {{allocated number of stocks, or the name of the industry to be covered}}.

  • Analyze data to identify emerging opportunities and risks, justifying your reasoning.

  • Provide BUY/SELL/HOLD recommendations and present findings to the investment committee.

  • Assist in writing research reports with your findings, to be published to the community and media.

  • Interact with institutional investors, communicating investment research and responding to requests for models and ad-hoc analysis.

  • Maintain constant coverage of industry-related news, trends, and developments. Disseminate your insight when appropriate to internal and external stakeholders.

  • Build relationships with investor relations teams of your portfolio companies. This will involve {{domestic and/or international}} travel.

  • Devise and perform your own primary research methods, keeping abreast of trends and sentiment in the market.

  • Liaise with internal sales and trading teams for responding to news, corporate action, and reporting events. You will be expected to maintain a procedure protocol for escalating emerging news.

  • Maintain a public image for the firm at conferences/events. Communicate the company’s research, building its brand and referring potential new clients.

  • {{Add other relevant responsibilities here}}

Skills and Qualifications

  • Bachelor’s degree in finance, economics, financial engineering, statistics, or econometrics

  • Profound understanding of equity markets on a global level. In addition, a deep understanding of fundamental analysis, financial modeling, asset allocation, and strategy research

  • Prior experience in financial services (2-4 years) within a “front office” role {{such as M&A, ECM, DCM, Sales & Trading or Equity Research}}

  • Advanced Excel proficiency. 3+ years of practical experience of using Excel for building and maintaining financial models

  • Platform experience within Bloomberg and {{one or more of: Morningstar Direct, Informa PSN, Facstet, Axioma, or Barra AEGIS}}

  • Excellent written and verbal communication skills. Proficiency for presenting and debating a point under pressure

  • CFA is a plus

  • {{Foreign languages desirable for roles in Europe or Asia}}

  • Series 7 and 86/87 license is a plus. Unlicensed candidates will be sponsored, but expected to complete accreditation within a short timeframe

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