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Equity Research Department Jobs (NOW HIRING)

Equity Research Associates will receive mentorship from the Research department Senior Equity Research Associates and Directors, as well as the firm's Investment Consultants. The role may require ...

ASSOCIATE, EQUITY RESEARCH

Denver, CO · On-site

$90K - $115K/yr

Equity Research Associates will receive mentorship from the Research department Senior Equity Research Associates and Directors, as well as the firm's Investment Consultants. The role may require ...

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Equity Research Department information

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$34.5K

$98.8K

$155K

How much do equity research department jobs pay per year?

As of Jul 14, 2026, the average yearly pay for equity research department in the United States is $98,799.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,000.00 and $112,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in an Equity Research Department, and why are they important?

To succeed in an Equity Research Department, you need strong analytical skills, financial modeling expertise, and a solid understanding of accounting and economics, often backed by a finance-related degree or CFA certification. Familiarity with Bloomberg Terminal, Excel, and financial databases is essential for data analysis and report generation. Exceptional written and verbal communication, attention to detail, and the ability to work under tight deadlines help individuals excel in this field. These skills ensure accurate investment analysis, effective communication of insights, and timely delivery of research to support sound financial decision-making.

What is an Equity Research Department?

An Equity Research Department is a division within an investment bank or financial services company responsible for analyzing publicly traded companies and their stocks. Analysts in this department conduct in-depth research, create financial models, and produce reports with recommendations such as buy, hold, or sell. Their insights help institutional and individual investors make informed investment decisions. Equity research also supports the firm's trading and investment banking operations by providing market intelligence and valuation expertise.

What are the typical daily responsibilities of professionals working in an Equity Research Department?

Professionals in an Equity Research Department typically start their day by reviewing market news, earnings reports, and industry updates relevant to the companies they cover. They spend a significant portion of their time analyzing financial statements, building financial models, and preparing research reports or investment recommendations. Collaboration is key—they often discuss findings with sales teams, traders, and clients, as well as participate in meetings with company management. The role involves balancing a fast-paced environment with the need for in-depth analysis and clear communication.

What is the difference between Equity Research Department vs Equity Analyst?

AspectEquity Research DepartmentEquity Analyst
CredentialsTypically requires finance, economics degrees, and certifications like CFASame as department, often holds CFA or similar credentials
Work EnvironmentTeam-based, within financial institutions or investment firmsIndividual or team-based, focused on analyzing stocks and sectors
Employer & Industry UsageUsed by banks, investment firms, asset managersCommonly employed by the same institutions, focusing on stock analysis
Search & Comparison IntentUnderstanding department functions vs specific analyst rolesLooking for individual analyst roles within the department

The Equity Research Department encompasses the entire team responsible for analyzing stocks and sectors, while an Equity Analyst is an individual professional within that department who conducts specific stock research. Both roles require similar credentials and work in comparable environments, primarily within financial institutions. The department provides a broader overview, whereas the analyst focuses on detailed stock analysis.

More about Equity Research Department jobs
What cities are hiring for Equity Research Department jobs? Cities with the most Equity Research Department job openings:
Infographic showing various Equity Research Department job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $98,799 per year, or $47.5 per hour.
Equity Research Associate - Industrials Multi-Industry

Equity Research Associate - Industrials Multi-Industry

Bank of Montreal

New York, NY • On-site

$110K - $140K/yr

Full-time

Medical, Life, Retirement

Posted 7 days ago


Job description

Application Deadline:
08/09/2026
Address:
151 W 42nd Street
Job Family Group:
Customer Solutions
BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets
BMO Capital Markets is a leading, full-service North American-based financial services provider, with over 2,700 professionals in 30+ locations around the world, including 20 offices in North America, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$1.1 trillion total assets and approximately 53,000 employees as of April 30, 2026.
The Equity Research department covers over 900 stocks across diverse sectors, and provides equity strategy, quantitative analysis and portfolio management services to our clients. The US Equity Research department consists of 31 analysts and ~50 associates, covering over 500 stocks.
Description:
We are seeking an Equity Research Associate to join our Industrial Multi-Industry team. The associate will work closely with the senior analyst to develop and market all equity research products. This role requires strong analytical / critical thinking skills, a passion for the stock market, keen attention to detail, and a strong work ethic.
The work environment involves collaboration, co-ordination and a shared knowledge base with the analyst but equally values independence, initiative, idea generation and a sense of ownership for the work.
Ideal Candidate:
Our ideal candidate has strong accounting and/or finance skills, an interest in understanding stocks, and is eager to join a fast-paced equity research team with particular interest in the industrials industry. Equity research experience is a plus, but not required, as well as requisite license exams (SIE, Series 7, 63, 86, 87) and/or the CFA.
Responsibilities include, but are not limited to:
  • Building and maintaining detailed company models (IS/BS/CF)
  • Analyzing financial statements and news related to industry coverage
  • Analyze company filings (10-K, 10-Q, earnings releases) and company transcripts
  • Writing equity research reports and over time, formulating investment theses
  • Participation in site visits and management meetings
  • Maintaining and analyzing industry data
  • Communicating investment recommendations to internal and external clients

Experience/Skills:
A combination of writing skills, technical knowledge and skills in equity research, finance or accounting demonstrated through relevant work and educational experience is required. Prior industry experience in the multi-industrials industry is not required but could be a benefit. Candidates must have a clear and proven track record of achievement throughout their education and career. Other necessary attributes include:
  • Exceptional written and verbal communication skills
  • Strong organizational skills and comfort managing various priorities
  • Client service mindset and ability to prioritize client needs with accuracy
  • Over time, ability to interact professionally with company management teams and clients (analysts and portfolio managers)
  • A keen interest in and demonstrated understanding of Equity Research
  • A positive attitude, intellectual curiosity, the ability to learn quickly and strong attention to detail
  • Superior work ethic, self-motivation and the ability to work independently
  • Ability to systematically manage a heavy work load and meet stringent deadlines
  • Flexibility to work irregular and extended hours
  • Solid technology skills with robust knowledge of Excel, Word, PowerPoint, Bloomberg and/or FactSet
  • Demonstrated use of AI in the workplace
  • CFA is a plus

Education:
  • Bachelor's degree is required. A post-secondary degree in a related field of study is a plus. U.S. only:

We thank all applicants for their interest; however, only those selected for an interview will be contacted.
The salary range for this role is $110,000 up to $140,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)
Salary:
Pay Type:
Salaried
The above represents BMO Financial Group's pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.
BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
About Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.
To find out more visit us at http://jobs.bmo.com/us/en
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

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About BMO

Sourced by ZipRecruiter

BMO, or Bank of Montreal, is one of the biggest multinational banking and financial services corporations in North America. Developed in 1817, BMO's American headquarters are located ideally in Chicago, Illinois while its main world headquarters are situated in Montreal. The bank operates in a multitude of sectors including personal and commercial banking, wealth management and investment banking products and solutions. Over the years, BMO has been recognized for its commitment to doing what's right for its customers, employees, and society.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

Chicago, IL, US

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