Equity Research Associate – U.S. Financials – Brokers, Asset Managers & Trust Banks

BMO 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. #bmocapitalmarkets

We are seeking a Senior Equity Research Associate or VP to join our U.S. Financials team. The associate will be an integral member of the team, will work closely with the senior analyst and two other team members to develop and market all equity research products. The role requires strong analytical / critical thinking skills, solid communication skills (with a drive for client interaction) 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 and rest of the team but equally values independence, initiative, idea generation and a sense of ownership for the work.

Our ideal candidate is fully licensed and has a minimum of three to five plus years of equity research experience in the U.S. Financials space with a strong financial background and a desire to help create, launch and support new research. Strong accounting and finance skills, strong communication skills (both verbal for client interactions as well as written) a passion for the stock market and the ability to work on a fast-paced equity research team are critical.

• 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, sourcing and analyzing industry data
• Communicating investment recommendations to internal and external clients
• Collaborate in developing tools and processes to gather industry and company-related news that can then be disseminated to clients as one-off products or incorporated in the group’s normal research product
• Work to establish industry, regulatory and political relationships to help better predict and/or handicap industry trends or company-related events

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 brokerage, asset management and exchange sectors 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/shifting priorities
• Client service mindset and ability to prioritize client needs with accuracy
• The ability to interact professionally with company management teams and clients (analysts and portfolio managers)
• A keen interest in and demonstrated understanding of Equity Research
• A positive attitude, intellectual curiosity, the ability to learn quickly and strong attention to detail
• Superior work ethic, self-motivated and the ability to work both collaboratively as well as independently
• Ability to manage a heavy workload and meet stringent deadlines, often in a time-constrained, high-pressure environment
• Flexibility to work irregular and extended hours
• Solid technology skills with robust knowledge of Excel, Word, PowerPoint, Bloomberg and/or Fact Set. Familiarity with Dealogic, Preqin and Morningstar would also be a positive.
• Demonstrated use of AI in the workplace
• CFA Charter or working towards the CFA…