Research Associate - New York, NY

Only for registered members New York, NY, United States

17 hours ago

$80,000 - $150,000 (USD) per year *

* This salary range is an estimation made by beBee

Who We Are · Oppenheimer & Co. Inc. ("Oppenheimer") is a leading middle-market investment bank and full-service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities br ...

Job description

Who We Are
Oppenheimer & Co. Inc. ("Oppenheimer") is a leading middle-market investment bank and full-service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

Job Description
Oppenheimer & Co. Inc., a leading investment bank, is currently seeking an equity research associate to support the P&C Insurance franchise. The position is located in NYC.

Our ideal candidate has had some equity research experience (exposure to finance, accounting and proficient at modeling) and has a working knowledge of the insurance industry, though we will consider all qualified candidates. Strong analytical skills, the ability to work under pressure, and to work collegially with the senior analyst are requirements. The research associate will work in conjunction with and support the lead analyst on the team on all aspects of developing and marketing equity research products, including research reports, models, and industry analysis.

The position demands independence, initiative, and entrepreneurship, as the associate will gain responsibility over a broad array of financial model building and updating, report writing, and other duties. Attention to detail, a strong work ethic, and ability to multi-task are also critical.

In addition to the above, we look for people who possess, or have the potential to possess, the following characteristics:

Strong financial modeling, accounting, valuation, and quantitative skills. Associates are responsible for building and maintaining integrated I/S, B/S, and C/F models, and for organizing and maintaining industry data.
Strong writing and analytical skills. Associates are responsible for writing and producing company initiations, equity research reports, and marketing presentations.
A passion for the stock market, the insurance industry, and equity research. It is highly advantageous to have exposure to the financial markets and equity research, as well as an understanding of the day-to-day responsibilities of an equity research associate.
Strong sales and communication skills. Associates will interact with internal sales and trading and external clients. Responsiveness and professionalism is important.
Ability to work independently, and initiate and accomplish projects with minimal supervision. Self-starters with a strong work ethic are highly desirable and is a necessary skill given the demands of working on Wall Street.
Ability to organize, prioritize and manage multiple projects simultaneously.
PC skills: the position requires strong Excel skills and a fair command of Word, PowerPoint, Bloomberg and FactSet.
Most preferred are candidates with a BA in Finance and/or CFA and already FINRA registered (SIE, Series 7, 63, 86, 87). However, we will consider other strong candidates without these credentials too.

Compensation
For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $100, $150,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.

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