Among operations research analysts, AI is already used for a large share of the tasks. Measured exposure for operations research analysts: 43% (high).

Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.

Check how this applies to your own job

Skills this job asks for

Say which you have and which you want to build. We use it to match you to jobs like this one.

About the job

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success .

What You'll Be Doing

Under general supervision, responsible for providing information, data gathering, analysis, modeling, and organizational support to the senior level Research Analysts. 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 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.

What We're Looking For

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.)

Must be able to clearly state and defend the Analyst's investment thesis and outlook for each of the stocks under coverage.

Respond to basic questions from institutional sales and clients regarding covered companies, and industry questions and data requests.

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). Must be able to integrate these sources in the research product. Will be assigned a small client contact list and will be responsible for meeting the needs of those clients.

Some travel by car and/or air in conjunction with local, regional and/or national travel, up to 20%.

What You'll Bring

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.

Education & Experience

Minimum Required: Bachelor's degree

Minimum Required: 2 to 4 years of relevant industry experience and/or proven experience at the Associate I level

Licenses & Credentials

Minimum Required: None

Systems & Technology

Proficient in Microsoft Excel, Word, PowerPoint, Outlook

Compensation Range Salary: USD $100,000.00/Yr. - USD $150,000.00/Yr. Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.

About Stifel

In June of 1962, Harry Keefe, Jr., Gene Bruyette, and Norbert Woods founded Keefe, Bruyette & Woods (KBW) along with five other employees and $50,000 in capital. Together, the founders launched KBW with a vision of the future and a belief in personal accountability during a time when investors purchased bank stocks for the dividend yield alone. Few banks published balance sheets or earnings statements, and research was nearly nonexistent. With the addition of sales, trading, and research operations, and a clear focus on regional banks, the company has branched out since its founding. KBW is now widely considered the leading expert on all financial sub-sectors.

KBW, the Force Driving Financial Services Forward

#1 Best U.S. SMID Research for Banks

#1 Best U.S. SMID Research for Non-Bank Financials

#1 Best U.S. Industry Trading for Financials** 2024 Coalition Greenwich Survey Results**