Research Analyst

Jennison Associates is a global investment management firm with over $200 billion in Assets under Management spanning across a range of various equity and fixed income investment strategies. Jennison was founded in 1969 on the principle that doing what’s best for clients will always be right for the business. Grounded in our firm values of integrity, collaboration and client focus, the mission across all areas of our firm is to deliver superior long-term investment returns and excellence in client service. This singular focus is embedded in our culture and reflected in the way we invest, the service we provide to our clients, and the people we hire. We recognize that each employee plays a key part in achieving our mission, regardless of their role or title. As a result, we continually strive to make Jennison a fulfilling and rewarding place to work for all employees.

Our Function

This position will support the US Small & Mid Cap Equity research team covering banks as the lead analyst, with the intention of taking on lead coverage of the overall Financials sector for the team over time. 

Your Impact

Your responsibilities will include, but are not limited to the following:

• Advanced Financial Modeling – build and update financial models and valuation analyses, and develop price targets to drive buy and sell recommendations
• Research and recommend new stock ideas for inclusion in the portfolios
• Compile and maintain sector and macro data for analysis, and keep the overall team informed regarding key industry trends
• Prepare an agenda and host management meetings both in the office and at industry conferences
• Regularly read sell side research and macro-economic research

Your Required Skills

Your required skills must include:

• 5 years’ experience as a sell-side/buy side analyst/associate covering US banks and other financials
• Experience with Small / SMID cap banks preferred
• Demonstrated expertise with Excel
• Excellent written and verbal communication skills as well as presentation pitch skills
• Firm understanding and interest in financial markets, financial statements and terminology
• Expertise working with investment-oriented databases and analytical software
• Ability to establish priorities and meet deadlines, with demonstrated ability to juggle multiple competing tasks and demands
• Extremely strong attention to detail
• Demonstrates a high level of initiative; takes charge in the absence of detailed instructions

What We Offer

Jennison offers a generous benefits package including but not limited to: premier medical benefits, paid time off, a retirement profit sharing plan, wellness reimbursement, fully paid parental leave, family planning support, paid membership to concierge primary care, supplemental mental wellness benefit provides annual allotment of fully paid therapy sessions and unlimited coaching, additional health and wellness benefits, and life insurance. Our hybrid work model provides employees with the flexibility to work remotely 2 days a week.

The base salary range for this role is $200,000 to $250,000. Individual salaries for this role may vary based on various factors including but not limited to, years of experience, range in corporate level, candidate skills, and geographic location. Eligibility to participate in a discretionary annual incentive program is subject to rules governing the program, whereby an award, if any, depends on various factors including but not limited to, individual and organizational performance.

Jennison is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. Jennison does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law.

Salary : $200,000 - $250,000