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Series 86 Jobs (NOW HIRING)

Securities Industry Essentials (SIE), Series 86 and 87 Licenses. * Bachelor's Degree is required. Compensation Range: 70,000 - 90,000 + annual discretionary bonus

... Series 86 or a FINRA waiver for those who have completed CFA II. 3. Minimum of 4 years of related work experience 4. Mastery of financial and accounting concepts to facilitate the creation of in ...

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Series 86 information

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$40K

$62K

$81K

How much do series 86 jobs pay per year?

As of Aug 11, 2026, the average yearly pay for series 86 in the United States is $61,960.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,500.00 and $71,000.00 per year, depending on experience, location, and employer.

What is the difference between Series 86 vs Series 87?

AspectSeries 86Series 87
Primary FocusResearch Analyst, Equity ResearchResearch Analyst, Fixed Income
Certifications RequiredSeries 86, Series 87
Work EnvironmentEquity research departments, investment firms
Industry UsageFinancial services, investment banks

Series 86 and Series 87 are both securities industry exams for research analysts. Series 86 focuses on equity research, while Series 87 covers fixed income research. Both certifications are often required for research analysts working in investment firms, and they share similar work environments. The main difference lies in the type of securities analyzed, with Series 86 geared toward stocks and equity markets, and Series 87 centered on bonds and fixed income securities.

What is a Series 86 license?

A Series 86 license is a qualification administered by the Financial Industry Regulatory Authority (FINRA) for individuals who want to become research analysts. This license demonstrates that the holder has the necessary knowledge to analyze equity securities and provide investment research and recommendations. Candidates must pass the Series 86 exam, which focuses on information analysis and valuation of securities. It is typically required for professionals who are involved in preparing research reports or making investment recommendations in the financial services industry.

What are some common challenges faced when preparing for the Series 86 exam as a research analyst candidate?

Preparing for the Series 86 exam can be challenging due to the in-depth financial analysis and modeling skills required. Candidates often find it demanding to balance studying with their regular job responsibilities, as the exam covers advanced topics like valuation, financial statement analysis, and industry research. It's essential to allocate consistent study time and utilize practice questions to gain familiarity with the exam format. Collaborating with colleagues or study groups can also provide support and clarify complex concepts.

What are the key skills and qualifications needed to thrive as a Series 86 research analyst, and why are they important?

To thrive as a Series 86 Research Analyst, you need strong analytical skills, financial modeling expertise, and a solid understanding of accounting and valuation principles, typically supported by passing the Series 86 exam. Familiarity with financial databases, Excel, Bloomberg Terminal, and research platforms is essential for market and company analysis. Exceptional attention to detail, communication, and critical thinking skills are vital to stand out in delivering clear, actionable investment insights. These competencies are crucial for producing high-quality research that guides effective investment decisions and builds trust with clients and stakeholders.
More about Series 86 jobs
What states have the most Series 86 jobs? States with the most job openings for Series 86 jobs include:
Infographic showing various Series 86 job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 12% Part Time, 1% Temporary, and 3% Contract. Highlights an 84% Physical, 4% Hybrid, and 12% Remote job distribution, with an average salary of $61,960 per year, or $29.8 per hour.

Equity Research Senior Associate, Biotech, Assistant Vice President

Citigroup Inc.

Manhattan, NY • On-site

$80 - $120/hr

Other

Re-posted 13 days ago


Citibank rating

8.3

Company rating: 8.3 out of 10

Based on 177 frontline employees who took The Breakroom Quiz

39th of 171 rated banks


Job description

Citi's Equity Research team is looking for an Equity Research Associate to support our analyst covering the Biotech sector, contributing to high-quality investment insights that inform equity investors on a global scale. Based within a team known for its independence, objectivity, and depth of analysis, you will play a meaningful role in shaping research output, client engagement, and analytical excellence across one of the most dynamic sectors in global markets. This is an opportunity to apply your equity research expertise in an environment where your work directly influences investment decisions and client relationships worldwide.

Responsibilities
  • Support the production of equity research publications including earnings previews and recaps, initiation reports, and in‑depth thematic notes across the Biotech sector.
  • Build, maintain, and enhance financial models for covered Biotech companies, including the development of new models and upkeep of relative value frameworks.
  • Advise and respond to client inquiries from both internal and external stakeholders, delivering timely, accurate, and well‑reasoned analysis.
  • Coordinate investor events including management meetings, field trips, and industry consultant calls, ensuring seamless execution and strong client experience.
  • Partner with the lead analyst to develop research ideas and translate complex financial data into clear, actionable investment insights.
  • Apply sound judgment when assessing the reputational and regulatory implications of business decisions, upholding Citi's standards of compliance and ethical conduct.
  • Mentor and support junior team members, contributing to a high‑performance research culture built on knowledge sharing and analytical rigor.
Required Qualifications & Skills
  • 5–8 years of experience in equity research or a closely related investment analysis role.
  • Solid grounding in accounting principles and financial modelling, applied within an equity research context.
  • Demonstrated experience supporting senior equity research analysts in a fast‑paced, client‑facing environment.
  • Excellent written and interpersonal communication skills, with the ability to articulate complex ideas clearly and persuasively.
  • Strong attention to detail, with the ability to manage and validate complex, multi‑source financial information accurately.
  • Active FINRA licenses — SIE, Series 63, Series 86, and Series 87 — or the ability and commitment to obtain and maintain these licenses.
  • Bachelor's degree or equivalent experience in a relevant field.
Beneficial Skills & Qualifications
  • MBA, graduate degree, or CFA designation — or active progress toward one.
  • Sector knowledge or prior coverage experience within the Biotech or life sciences industry.
  • Experience taking an informal leadership role within a research team, including involvement in coaching or onboarding colleagues.
What We Offer

Joining Citi Research means working at the forefront of global investment analysis, within a team that values rigorous thinking, clear communication, and meaningful client impact. This is a role where your work shapes real investment decisions across one of the most closely watched sectors in global markets.

  • A hybrid working model with 3 days in the office and 2 days working remotely, providing structure alongside flexibility.
  • Direct exposure to a senior analyst and global investment professionals, accelerating your development within the equity research field.
  • The opportunity to deepen your Biotech sector expertise through day‑to‑day coverage work, investor engagement, and access to industry thought leaders.
  • Support in obtaining and maintaining required FINRA licenses, including SIE, Series 63, Series 86, and Series 87.
  • Access to Citi's global platform, connecting you with colleagues, clients, and resources across international markets.
  • Ongoing learning and development opportunities to support your professional growth and long‑term career progression.
  • Competitive compensation and financial wellbeing benefits reflective of your seniority and contribution.

Apply today and bring your equity research expertise to a global team where your analysis shapes the investment decisions of clients around the world.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

Anticipated Posting Close Date: Jul 03, 2026

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About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US