Associate / Vice President – Equity Research, IT Services & Payments

Position Summary

Guggenheim Securities (“GS”) is seeking a highly motivated Equity Research Associate / Vice President to support a well-established Senior Research Analyst covering the IT Services & Payments industries. The person will be responsible for conducting fundamental research on both public and private companies, maintaining complex financial models, and supporting the Senior Research Analyst.

Essential Job Functions

• Conduct fundamental bottom-up research, including but not limited to: analyzing disclosures and financial reports of public companies, and conducting due diligence on companies’ products, sales and marketing models, and competitive landscape
• Aggregate and synthesize data on IT Services industry trends
• Actively monitor market news, macro trends, and stock performance of covered companies
• Regularly draft reports recapping companies’ earnings results, relevant investment themes, events, and breaking news
• Prepare written research reports that summarize the findings of analysis, including estimates of expected business results
• Build and maintain detailed financial models, including discounted cash flow, SOTP, and comparable company analysis models
• Interact with the Firm’s institutional sales force and investor clients, and respond to inquiries regarding research findings and directives
• Periodically assist with survey design and collection, web-scraping, due diligence calls, and channel checks
• Occasionally travel to industry events, represent the Firm in a professional manner, and recap event highlights in timely fashion
• Assist with investor outreach, research distribution lists, occasional firm-hosted events, and contribute to collectively managed team calendar
• Over time, develop the ability to seamlessly communicate investment theses and stock recommendations, and contribute original research ideas

Preferred Qualifications

• Fluency in modeling financial statements
• Comfort with large data sets and reporting
• Understanding of the capital markets and stock markets, and a passion for investing
• Excellent written and oral communication skills to successfully convey investment messages, ideas, or nuances to institutional investors, team members, salespeople, and/or traders
• Outstanding analytical skills; ability to conduct deep primary research, analysis, and draw conclusions from information
• Strong interpersonal relationship skills and style conducive to building relationships
• Ability to thrive in a fast-paced, deadline-driven environment; self-starter with a proven commitment to producing high quality work
• Team-oriented, unquestionable honesty and integrity, intellectual curiosity, and dedication to providing clients with the best products
• Ability to deliver under pressure and meet deadlines effectively

Basic Qualifications

• 3–7 years of relevant experience
• B.A. or B.S. Degree required
• Proficient in Microsoft Excel, PowerPoint, and Word
• Must have or obtain FINRA SIE, 63, 86 and 87 licenses within 6 months of hire

About Us

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston. For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.

Guggenheim Securities, LLC (“GS”) does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.