Equity Research Associate – Industrials Multi-Industry

Location: New York

Final date to receive applications:08/09/2026

Address:151 W 42nd Street Job Family Group:

Customer SolutionsBMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarketsBMO Capital Markets is a leading, full-service North American-based financial services provider, with over 2,700 professionals in 30+ locations around the world, including 20 offices in North America, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US $1.1 trillion total assets and approximately 53,000 employees as of April 30, 2026.The Equity Research department covers over 900 stocks across diverse sectors, and provides equity strategy, quantitative analysis and portfolio management services to our clients.

The US Equity Research department consists of 31 analysts and ~50 associates, covering over 500 stocks.

Description:

We are seeking an Equity Research Associate to join our Industrial Multi-Industry team. The associate will work closely with the senior analyst to develop and market all equity research products. This role requires strong analytical / critical thinking skills, a passion for the stock market, keen attention to detail, and a strong work ethic.

The work environment involves collaboration, co-ordination and a shared knowledge base with the analyst but equally values independence, initiative, idea generation and a sense of ownership for the work.

Ideal Candidate:

Our ideal candidate has strong accounting and/or finance skills, an interest in understanding stocks, and is eager to join a fast-paced equity research team with particular interest in the industrials industry. Equity research experience is a plus, but not required, as well as requisite license exams (SIE, Series 7, 63, 86, 87) and/or the CFA.Responsibilities include, but are not limited to:

Building and maintaining detailed company models (IS/BS/CF)
Analyzing financial statements and news related to industry coverage

Analyze company filings (10-K, 10-Q, earnings releases) and company transcripts

Writing equity research reports and over time, formulating investment theses

Participation in site visits and management meetings

Maintaining and analyzing industry data Communicating investment recommendations to internal and external clients

Experience/

Skills:

A combination of writing skills, technical knowledge and skills in equity research, finance or accounting demonstrated through relevant work and educational experience is required. Prior industry experience in the multi-industrials industry is not required but could be a benefit. Candidates must have a clear and proven track record of achievement throughout their education and career. Other necessary attributes include:

Exceptional written and verbal communication skills

Strong organizational skills and comfort managing various priorities

Client service mindset and ability to prioritize client needs with accuracy

Over time, ability to interact professionally with company management teams and clients (analysts and portfolio managers)
A keen interest in and demonstrated understanding of Equity ResearchA positive attitude, intellectual curiosity, the ability to learn quickly and strong attention to detail

Superior work ethic, self-motivation and the ability to work independently

Ability to systematically manage a heavy work load and meet stringent deadlines

Flexibility to work irregular and extended hours

Solid technology skills with robust knowledge of Excel, Word, PowerPoint, Bloomberg and/or Fact Set Demonstrated  use of AI in the workplaceCFA is a plus

Education:

Bachelor’s degree is required. A post-secondary degree in a related field of study is a plus. U.S. only:

We thank all applicants for their interest; however, only those selected for an interview will be contacted.

The salary range for this role is $110,000…