Research Associate II - Consumer Broadlines / Hardlines

Job Summary

Required Qualifications

• •Bachelor's degree
• •2 to 5 years of relevant industry experience and/or proven experience at the Associate I level
• •Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions.
• •Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• •Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• •Time Management - Managing one's own time and priorities to ensure the meeting of deadlines
• •Oral and Written Expression - The ability to communicate information and ideas in spoken or written form so that others will understand.
• •Economics, Accounting, Finance, and Securities Analysis - Knowledge of economic, accounting, and financial principles and practices, the financial markets, the industry, the analysis and reporting of financial data, and associated terminology.
• •Proficient in Microsoft Excel, Word, PowerPoint, Outlook
• •Must be able to clearly state and defend the Analyst's investment thesis and outlook for each of the stocks under coverage.
• •Must be able to handle basic question from Sales and Clients
• •Must be able to integrate these sources in the research product
• •Must be able to evaluate basic valuation methodologies to stocks under coverage and the broader sector
• •Some travel by car and/or air in conjunction with local, regional and/or national travel, up to 20%

Desired Qualifications

• •Has mastered the foundational skills required of an Associate level 1
• •At this level, assumes significantly more writing and modeling responsibilities
• •Is responsible for developing a solid understanding of the assigned sector
• •Is responsible for developing a solid understanding of the assigned sector and can clearly state and defend the investment thesis for all stocks in the assigned sector
• •Must be able to handle basic question from Sales and Clients and is beginning to represent the associates in internal research presentations
• •Build and maintain Excel-based financial models, including income statements, balance sheets, cash flow statements, and discounted cash flow analysis
• •Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters
• •Analyze information obtained from management in order to conceptualize and define operational problems
• •Perform validation and testing of models to ensure adequacy; reformulate models as necessary
• •Building and updating comp sheets
• •Managing the databases and electronic data services (i.e. Bloomberg, FactSet, etc.)
• •Develop written product with modest direction from the senior level Research Analyst
• •Able to evaluate basic valuation methodologies to stocks under coverage and the broader sector
• •Meets the special projects demands of the senior level Research Analysts
• •Uses all resources to determine and locate relevant data
• •Continues to build industry knowledge
• •Continues to develop external sources (management teams, suppliers, and customers)
• •Will be assigned a small client contact list and will be responsible for meeting the needs of those clients