Equity Research Associate, Healthcare Services

About This Role

Wells Fargo is seeking an Equity Research Associate for the Healthcare Services sector within Corporate & Investment Banking, as part of Markets.

Key Responsibilities

• Demonstrate strong subject matter expertise within the Healthcare Services sector, with a solid understanding of key companies and industry dynamics.
• Conduct rigorous analysis of financial statements and industry, company, and market data sets.
• Create and update financial models and databases.
• Author, with Senior Analyst, differentiated research content on companies and industry themes.
• Attend company and industry events; cultivate relationships with covered companies and industry contacts.
• Communicate research conclusions to internal and external constituents.
• Collaborate with research peers to support the generation of cross-sector research content.
• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

Requirements & Tech Stack

• 2+ years of Securities Research experience, or equivalent demonstrated through work experience, training, military experience, or education.
• BS/BA or higher (desired).
• Direct experience in the Healthcare Services sector or prior equity research coverage of this industry (desired).
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important (desired).
• Advanced Microsoft Office (Word, Excel, Outlook, PowerPoint) skills (desired).
• Knowledge and understanding of financial statement analysis (desired).
• Knowledge and understanding of accounting principles in the capital markets industry (desired).
• Knowledge and understanding of investment tools such as Bloomberg or FactSet (desired).
• Strong, clear, and concise written and oral communication skills (desired).

Job Expectations

• Up to 10% travel.
• Obtaining and/or maintaining appropriate FINRA license(s) is required for ongoing employment.
• FINRA Securities Industry Essentials (SIE), Series 63 (or 66), 86, and 87 examinations, or equivalent, must be completed within 90 or 180 days following commencement of employment, depending on the number of licenses needed.
• FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 65 or 66 must be completed prior to conducting Investment Advisory business.
• Compliance with state law registration and licensing requirements is mandatory.
• Specific product licenses or SAFE licensing may apply.
• Enhanced financial fitness and criminal background standards must be met.
• Wells Fargo will initiate the FINRA licensing review process at the time of offer acceptance.
• For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite is required.
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. Individuals subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing. Affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting Locations

• 150 East 42nd St. - New York, New York 10017

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement