Equity Research Associate - Consumer Restaurants

Work Location: New York, New York, United States of America. Hours: 40 per week. Line of Business: TD Securities.

About the Role

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.

This is an expert-level professional role requiring in-depth knowledge and expertise in your domain, along with a working knowledge of broader related areas. You will run data analysis, develop research reports, integrate organizational and industry context into advice and solutions, and solve complex problems that may require consultation with multiple stakeholders. You will use advanced methods to contribute to new solutions, recommend standards, and interpret guidelines to inform decision-making at senior levels. You will build stakeholder alignment, lead activities, and act as an escalation point or knowledge resource for others.

Responsibilities

• Compile, analyze, and evaluate data, conducting modeling on multiple data inputs related to assigned companies, industries, financial markets, and economic analysis research reports (e.g., initiating coverage reports, thematic reports, quarterly reporting initiatives, and marketing packages).
• Assist in the development of valuation tools and provide advice to institutional clients.
• Assist in the preparation of forecasting models (e.g., forecast quarterly and annual earnings).
• Maintain and enhance financial models and databases.
• Stay current on market data, economic information, key industry developments, and internal policies and regulatory standards to assist in maximizing profitability through sound and well-informed decisions.
• Develop and maintain contact with market participants.
• Work closely with senior research leads on the ongoing publication of research reports and assist with ad hoc projects as assigned.
• Develop and present client presentations; may have direct interaction with clients.
• Keep abreast of market data, economic information, and key industry developments to support profitability through informed decisions.
• Demonstrate governance, control, and risk management behaviors in alignment with TD policies and practices.
• Adhere to enterprise frameworks or methodologies relevant to our business area.
• Ensure respective programs, policies, and practices are well-managed, meet business needs, comply with requirements, and align with business priorities.
• Exercise discretion in managing correspondence, information, and confidentiality; escalate issues as appropriate.
• Participate in cross-functional or enterprise initiatives as a subject matter expert to identify risk and provide guidance for complex situations.
• Conduct internal and external research projects; support the development and delivery of presentations and communications to management or broader audiences.
• Conduct meaningful analysis at the functional or enterprise level, using results to draw conclusions, make recommendations, and assess effectiveness.
• Monitor service, productivity, and efficiency within your function; implement continuous process and performance improvements.
• Actively manage relationships within and across business lines, corporate, and control functions to ensure alignment with enterprise and regulatory requirements.
• Maintain a culture of risk management and control, supported by effective processes.
• Participate fully as a team member, supporting a positive work environment that promotes service, quality, innovation, and teamwork.
• Provide thought leadership and industry knowledge for your area of expertise; participate in knowledge transfer within the team and business unit.
• Stay current on emerging trends and developments; grow your knowledge of the business, related tools, and techniques.
• Participate in personal performance management and development activities, including cross-training within your team.
• Keep others informed about the status and progress of projects and relevant day-to-day activities.
• Contribute to team development through mentorship, sharing knowledge and experiences, and leveraging best practices.
• Lead, motivate, and develop relationships with internal and external business partners and stakeholders.
• Contribute to a fair, positive, and equitable environment that supports a diverse workforce.
• Act as a brand ambassador for your business area and the bank, both internally and externally.

Requirements

• Undergraduate degree.
• 2+ years of related experience.
• FINRA SIE, Series 63, 86, and 87 licenses, or willingness to obtain them.
• CFA designation preferred for publishing analysts and associates; must be held or in progress.
• Master’s or PhD preferred.

Pay

Base pay range: $115,000 - $200,000 USD. TD is committed to providing fair and equitable compensation opportunities. The base pay offered may vary based on skills, experience, job-related knowledge, geographic location, and other business and organizational needs.

Benefits

Our Total Rewards package includes:

• Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards).
• Health and well-being benefits.
• Savings and retirement programs.
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO).
• Banking benefits and discounts.
• Career development and reward and recognition programs.

Physical Requirements

• Domestic Travel: Occasional (1-33%)
• International Travel: Never (0%)
• Performing sedentary work: Continuous (67-100%)
• Performing multiple tasks: Continuous (67-100%)
• Operating standard office equipment: Continuous (67-100%)
• Responding quickly to sounds: Occasional (1-33%)
• Sitting: Continuous (67-100%)
• Standing: Occasional (1-33%)
• Walking: Occasional (1-33%)
• Moving safely in confined spaces: Occasional (1-33%)
• Lifting/Carrying (under 25 lbs.): Occasional (1-33%)
• Lifting/Carrying (over 25 lbs.): Never (0%)
• Squatting: Occasional (1-33%)
• Bending: Occasional (1-33%)
• Kneeling: Never (0%)
• Crawling: Never (0%)
• Climbing: Never (0%)
• Reaching overhead: Never (0%)
• Reaching forward: Occasional (1-33%)
• Pushing: Never (0%)
• Pulling: Never (0%)
• Twisting: Never (0%)
• Concentrating for long periods: Continuous (67-100%)
• Applying common sense to deal with problems: Continuous (67-100%)
• Reading, writing, and comprehending instructions: Continuous (67-100%)
• Adding, subtracting, multiplying, and dividing: Continuous (67-100%)

About TD Securities

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients. We are chosen for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product, and experience remarkably human and refreshingly simple.

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 a highly diverse equity research franchise, while growing our strong, diversified investment bank. Together, we are reimagining what banking can be for our clients, colleagues, and communities.