What are the responsibilities and job description for the Research Associate position at Stephens Default?
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Assist research analyst(s) in selecting and evaluating companies that are candidates for investment recommendations.
- Assist analyst(s) in preparing reports, financial analyses, and forecasts on potentially promising investment ideas that may be included in various Research Department publications.
- Travel, periodically, to visit the senior management members of companies who are potential candidates for Research Department coverage.
- Disseminate information on publications of assigned companies which are distributed internally, to clients and to the public.
- Communicate investment recommendations and updates on existing recommendations to sales professionals through oral presentations and assist them in communicating the recommendations to their clients.
- Conduct financial modeling and analysis. Prepare earnings forecast, evaluate balance sheets and cash flow.
- Valuation of equity securities.
- Perform other duties as assigned by management.
EDUCATION AND/OR EXPERIENCE
- Bachelor’s degree required. Preferred degree fields include Business Administration, Finance, Economics, or Accounting. MBA preferred
- 2 years of experience in a finance and accounting and/or a research capacity preferred,
- Equivalent combination of education and experience.
CERTIFICATIONS, LICENSES, REGISTRATIONS
Required to obtain registrations within 6 months of employment
- SIE – Securities Industry Essentials
- Series 7 – General Securities Representative
- Series 66 – Uniform Combined State Law
- Series 86 and 87 - Research Analyst
- CFA Desired
