Equity Research – Shipping Associate

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 17 Dec 18

Equity Research – Shipping Associate

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Morgan Stanley Investment Research is uniquely committed to being an essential part of our clients' investment process. We strive to be the sell-side research provider that best understands the buy side. Through relevant and timely conversations with leading investors, we focus resources on risk-reward essentials: identifying the investor debates, assessing the potential outcomes, and uncovering the evidence our clients need to validate their investment decisions. Our equity analysts cover some 2,900 stocks; our economists, strategists and fixed income analysts cover all major regions and other asset classes around the globe.

Equity Research
The Equity Research department is responsible for researching macroeconomic and microeconomic conditions, along with company fundamentals. It also collects and analyses financial information to make investment recommendations on stocks in specific sectors. Research analysts build financial models to explore alternative scenarios, examine industries and communicate with companies and investors. Equity Research team members discuss their analysis and investment recommendations in research notes. A career in investment research at Morgan Stanley demands a commitment to excellence and a passion for the markets as well as the highest level of integrity.

The firm is searching for an experienced Equity Research Associate to join top ranked Shipping team.

The Associate's primary responsibilities are but are not limited to:

• Create and maintain earnings, valuation and industry models leveraging skills in accounting, finance and economics.
• Write research reports for initiations of coverage, analysis of data, earnings results, and industry news.
• Interact with institutional investors, respond to requests for models and data analysis.
• Keep abreast of industry-related news flow. Analyze implications of news/industry developments to companies under coverage.
• Develop and maintain relationships with investor relations personnel and management of companies under coverage.
• 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.

Skills Required
• Ideal candidate will have 1-2 years of experience in a Financial Services Capacity - Investment Banking/M&A/Equity Research strongly preferred
• Must have strong experience utilizing Excel for: Building/Maintaining Financial models - advanced level of excel proficiency is expected and required
• Must have exceptional written and oral communication skills
• Must be able to clearly and concisely communicate with clients as well as the ability to effectively deliver presentations
• Experience in Shipping, Energy, Commodity and Transportation sectors (i.e. LNG, Refinery, Oil Services, Metals & Mining) is a plus
• Candidates are expected to be adaptable and have the ability to work well under pressure
• CFA, MBA a plus *LI-NF1