Associate, Asset Managers, Brokers and Exchanges

About the Role

Morgan Stanley Investment Research is seeking a strong Associate or VP-level team member to join the Brokers, Asset Managers & Exchanges team within Equity Research. The role involves building and maintaining models, as well as writing company-specific and broader industry research notes based on proprietary analysis and research. The team is looking for hard-working, analytical candidates, with a passion for Equity Research. The role resides in our New York office.

Key Responsibilities

• Creation and maintenance of earnings, valuation and industry models leveraging skills in accounting, finance and economics.
• Assist in writing research reports for initiations of coverage, analysis of data, earnings results, and industry news.
• Leverage all available resources to create differentiated content for writing research reports (company-specific or industry).
• Interact with institutional investors, responding to requests for models, reports and data analysis.
• Keep abreast of industry-related news flow and analyze implications of news/industry developments to companies under coverage.
• Develop and maintain relationships with investor relations personnel and management of companies under coverage.
• 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 various channel checks to evaluate industry trends.
• Assist internal sales and trading teams in the timely analysis of breaking news in the sector.

Requirements & Tech Stack

• Outstanding financial modeling and analytical skills.
• Strong writing, client communications, and presentation delivery abilities.
• Experience utilizing Excel for building/maintaining financial models – advanced level of Excel proficiency is expected and required.
• AI-enabled research tools (for information gathering, model maintenance, data analysis, workflow execution).

Qualifications

• At least 2 years of experience in a Financial Services Capacity— Investment Banking, Capital Markets, Research, Consulting, Finance, Accounting preferred.
• Adaptable and ability to work well under pressure.
• Ability to multitask and reprioritize.
• Strong attention to detail.
• High energy, self-motivated, creative, curious, organized and strong focus on teamwork.
• Strong experience in accounting is a plus.
• CFA is a plus.