Equity Research Associate - Consumer Hardlines Retail

Work Location:

United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$125,000 - $165,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role

Job Description:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience.

With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Job Overview:
 

TD Cowen is looking for an Associate to join its Consumer – Hardlines Equity Research team in New York. The successful candidate will work directly with the Senior Research Analyst on many aspects of the research process including building and maintaining financial models, performing financial analysis and due diligence, writing investment-driven research reports, developing and fielding industry surveys and undertaking a wide array of industry analyses and competitive assessments. The associate will have a high level of responsibility including broad exposure to company managements, our Sales and Trading team, investor conferences, and the research process that professional investment analysts utilize to make investments and recommendations. The associate will have a critical role in concepting, planning, and executing creative corporate access programs.

Job Requirements / Qualifications:

• Undergraduate degree in business or a quantitative area of study with a strong GPA preferred

• Up to two years relevant experience in financial services (buy side, sell side, banking or PE).  Experience in home improvement, auto aftermarket, and furniture preferred but not essential

• CFA or CFA track is a plus

• Exceptionally strong quantitative, financial modeling and Excel skills with a thorough understanding of financial statements, financial analysis and the investment process.

• Strong written, verbal communication and presentations skills

• Proven ability to work well on teams, self-motivated, showing initiative, strong ability to respond to change/flexibility, a positive attitude and a strong work ethic  

• Securities licenses preferred (series 7/SIE, 63, 86, 87)

Provides market research support in compiling and publishing high quality, comprehensive analysis and research on individual corporations, industries, financial markets, and economic developments as assigned.

Depth & Scope:

• Expert level professional role requiring in-depth knowledge/expertise in own domain/field of specialty and working knowledge of broader related areas to run data analysis and develop research reports

• Integrates the broader organizational and industry context into advice and solutions

• Solves complex problems requiring analysis of multiple variables, which may require consultation with multiple stakeholders

• Uses advanced methods to contribute to new solutions and recommend standards against which others will operate

• Interprets guidelines, standards, policies, and results of analysis to inform decision making at senior levels

• Builds stakeholder alignment in leading activities, identifying, and leading problem resolution

• Works independently as a subject matter expert within own area of specialty and act as