Equity Research Associate, Technology & Communications

Citi's Equity Research team is seeking an Associate with strong financial fundamentals, intellectual curiosity, and a genuine interest in investing. This role is ideal for early-career professionals with approximately 1–2 years of experience looking to build a long-term career in Equity Research while learning from experienced senior analysts. You’ll develop expertise in financial modeling, company analysis, and investment insights while covering dynamic sectors like Semiconductors, Networking, Hardware, Quantum, and other technology subsectors.

About the role

You will support senior analysts in researching companies within the Technology & Communications sector, building financial models, and contributing to investment recommendations. This is an opportunity to transition into technology research even if your prior experience lies in other industries.

Responsibilities

• Support senior analysts in researching companies across the Technology & Communications sector.
• Build and maintain financial models, valuation analyses, and earnings forecasts.
• Analyze company financial statements, industry trends, competitive positioning, and market developments.
• Assist with writing research reports, earnings previews and recaps, thematic reports, and investment recommendations.
• Participate in earnings calls, company meetings, industry conferences, and investor events.
• Monitor news flow, financial results, and industry developments to identify investment opportunities and risks.
• Prepare presentation materials and research supporting client discussions.
• Collaborate closely with senior analysts while developing deeper sector expertise and research skills.
• Contribute to a collaborative team environment while maintaining high standards of accuracy, integrity, and professionalism.

Requirements

• 1 to 5 years of experience in Equity Research, Investment Banking, Corporate Finance, Asset Management, Valuation, or another financial markets-related role.
• Strong understanding of financial statements, accounting fundamentals, and corporate finance.
• Experience building financial models and performing company valuation analyses (DCF, comparable companies, precedent transactions, or similar methodologies).
• Active holding of, or eligibility to obtain, SIE, Series 63, Series 86, and Series 87 licenses.
• Excellent analytical and problem-solving skills.
• Strong written and verbal communication skills.
• High attention to detail with the ability to manage multiple priorities in a fast-paced environment.
• Intellectual curiosity and a genuine passion for financial markets and investing.
• Ability to learn quickly and develop expertise in a new industry or sector.
• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.

Skills

• Experience using Bloomberg Terminal, FactSet, Capital IQ, or similar financial platforms.
• Progress toward the CFA designation is a plus, but not required.
• Interest in the Technology & Communications sector demonstrated through professional experience, academic work, personal investing, research, or continuous learning.

Benefits

• Hybrid working model with 3 days in the office and 2 days working remotely.
• Strategic influence over how Citi's Technology & Communications research reaches institutional clients and shapes market perspectives globally.
• Access to senior leadership, global industry networks, and cross-functional collaboration across Citi's research and investment banking franchise.
• Ongoing learning and professional development opportunities, including support for advanced qualifications and continuing education.
• Wellbeing support and work-life balance resources designed to sustain long-term performance and personal resilience.
• Competitive compensation and financial wellbeing benefits, including access to Citi's broader employee financial programs.
• Medical, dental, and vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

Pay

Full-time salary range: $121,200.00 - $181,800.00. In addition to salary, Citi’s offerings may include discretionary and formulaic incentive and retention awards for eligible employees.

Schedule

Full time, hybrid (3 days in the office, 2 days remote).