Equity Research Associate

Mizuho Americas is seeking a highly motivated Equity Research Associate to join our well‑established Industrials team. This role offers hands‑on exposure to one of the most dynamic sectors in the market – Industrials (Automation, Data Center, Electrical Equipment, A&D, HVAC, Water Sustainability, and broader Capital Goods) while supporting a proven leader with a track record of top‑tier client impact. Ideal for candidates with 1‑3+ years of sell‑side research experience who are eager to accelerate their career alongside a top‑ranked mentor and high‑impact industry.

• Collaborate closely with the Senior Analyst on all aspects of coverage, from idea generation to final publication.
• Develop and continuously update complex financial models, valuation frameworks, and earnings estimates.
• Perform primary and secondary research, including site visits, expert calls, and industry data analysis.
• Draft research reports, flash notes, and marketing materials for institutional clients and internal sales teams.
• Participate in client meetings, investor conferences, and roadshows to build market presence.

• 1‑3+ years of relevant sell‑side equity research experience (strong preference for Industrials, Capital Goods, or related sectors).
• Advanced financial modeling skills and proven ability to synthesize complex data into clear investment theses.
• Bachelor’s degree (Finance, Accounting, or Engineering preferred); CFA charter or candidacy strongly encouraged.
• Outstanding analytical, writing, and presentation skills.
• High energy, intellectual curiosity, and the ability to work under tight deadlines.
• Proficiency in Bloomberg, Fact Set or CapIQ preferred. Claude and Co‑Pilot experience a plus.

The expected base salary ranges from $100,000‑150,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in‑office requirements that will be communicated to you as part of the recruitment process.

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho’s 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America.

Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit

Mizuho Americas offers a competitive total rewards package.

We are an EEO/AA Employer – M/F/Disability/Veteran.

We participate in the E‑Verify program.

We maintain a drug‑free workplace and reserve the right to require pre‑ and post‑hire drug testing as permitted by applicable law.