Equity Research Associate – Financial Services Group

Job Description

At Piper Sandler, we connect capital with opportunity to build a better future.

We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.

We are currently looking for an Equity Research Associate to join our Financial Services Group in Chicago, IL. This will be an in-person role.

• Work in partnership with the senior analyst to conduct extensive company and industry research
• Create financial models and valuation analyses
• Write company reports, industry reports, and develop investment recommendations
• Form relationships with company management teams through meetings, calls, roadshows, etc.
• Make company visits and attend industry conferences
• As associates develop industry expertise, they will have additional responsibility for marketing their team's research and investment recommendations to our sales force and to institutional investors

• Must have at least one year of Equity Research or Investment Banking experience preferred
• Financial Services industry background preferred (Banking, Fintech, Payments, etc.)
• The associate position is a demanding and fast‑paced job that requires the ability to think quickly on one's feet and work independently
• Strong candidates will have an intense interest in the stock market and a demonstrated record of professional, academic and personal achievement
• Outstanding interpersonal and written communication skills
• Outstanding quantitative and organizational skills
• A strong competitive spirit balanced by a proven ability to work as part of a team
• Bachelor’s degree in Accounting, Finance, or Economics required
• Strong financial modeling experience required
• Securities Industry Essentials, Series 86 and 87 required (or willingness to obtain)
• Progress towards CFA a plus

The anticipated starting salary range for Illinois-based individuals expressing interest in this position is $75, per year. Placement within this range is dependent upon level of experience. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.