Analyst/Associate, Utilities & Clean Tech Associate

About the Role

Morgan Stanley Investment Research is committed to being an essential part of clients' investment process, aiming to be the sell-side research provider that best understands the buy side. Through conversations with leading investors, the team focuses on risk-reward essentials: identifying investor debates, assessing potential outcomes, and uncovering evidence to validate investment decisions.

This role is for an Analyst-level or Associate-level individual to join the Clean Energy & Utilities Research Team in New York City.

Key Responsibilities

• Create and maintain financial and industry models, leveraging skills in accounting, finance, and economics.
• Translate company, industry, sector, market, and alternative data into insightful research reports with clear investment debates, differentiated conclusions, and actionable stock calls.
• Collaborate with cross-functional teams to produce larger industry and thematic reports, including research spanning Autos, Thematic, Tech/Data Centers, Industrials, E&P, Midstream, and Policy.
• Develop and maintain relationships with management of companies under coverage, investor relations personnel, industry specialists, and other key opinion leaders.
• Engage with institutional investors by responding to in-depth questions, addressing bespoke requests, and helping communicate the team’s highest-conviction views.
• Support internal sales and trading teams with timely analysis of sector breaking news.
• Adopt and apply AI-enabled research tools judiciously to accelerate information gathering, model maintenance, data analysis, and workflow execution while maintaining analytical rigor, source verification, and quality control.
• Conduct industry diligence and primary research through surveys, expert conference calls, and channel checks to evaluate industry trends.

Requirements & Tech Stack

• Excel proficiency (advanced level required)
• AI-enabled tools and new technologies

Qualifications

• 2 to 5 years of professional experience in Finance or Accounting.
• 2–5 years of professional experience in equity research or investment banking, including significant experience with the clean energy or the utilities sectors.
• Strong written and verbal communication skills, with the ability to present analysis clearly, defend conclusions, and contribute positively in client-facing discussions.
• Demonstrated interest in public markets and a genuine curiosity about what drives stock performance, investor debates, and valuation.
• Comfort adopting AI-enabled tools and new technologies to improve research efficiency, with the judgment to verify outputs, protect data integrity, and apply tools appropriately.
• Demonstrated strong attention to detail and commitment to accuracy.
• Ability to adapt quickly and work well under pressure.
• High EQ, strong personal drive, intellectual curiosity, organizational discipline, and a team-oriented mindset.
• CFA designation or progress toward CFA preferred.