Associate, Equity Research - Industrials

Location: 1301 Avenue of the Americas, New York, NY

Job Summary

The Associate, Equity Research is part of the KeyBanc Capital Markets (KBCM) team and works closely with senior research professionals to assist in preparing and executing analyses of an assigned industry group, individual companies, and their securities.

Essential Functions

• Collect, evaluate, and apply statistical and financial data on the economy and financial markets, specifically for researching common stocks within specific industries.
• Analyze and synthesize researched data and present trends and ideas related to business opportunities and investment decision-making processes.
• Formulate and issue opinions and recommendations on securities and companies in one or more industry groups.
• Prepare reports, opinions, recommendations, and statistical data, including assisting in financial statement modeling, for use in formulating the firm’s investment policies and/or recommendations.
• Answer inquiries from firm personnel regarding individual securities or industry groups; prepare studies and other data for firm publication issued to the general public.
• Prepare and disseminate special studies, models, forecasts, and/or presentations to provide information to the Syndicate or Investment Banking groups on security offerings and underwriting.
• Interview company executives or industry leaders to develop and maintain information sources in preparation of analyses.
• Maintain company databases using spreadsheets and database software.
• Perform other duties as assigned; duties, responsibilities, and/or activities may change or new ones may be assigned at any time with or without notice.
• Comply with all KeyBank policies and procedures, including acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Education

• Bachelor's Degree in business, accounting, finance, or a related field, or completion of no fewer than 3 senior-level accounting and/or financial analysis courses (required).

Work Experience

• 1+ years of experience in an analytical or financial role (required).
• Corporate financial modeling experience (required).

Skills

• Strong oral and written communication skills.
• Experience with building financial models and equity data manipulation.
• Ability to conduct thorough and independent research and familiarity with financial research platforms (Bloomberg, CapIQ, etc.).
• Ability to organize, analyze, and interpret data.
• Proficiency with Microsoft Excel and Access.
• Strong interest in financial markets and working knowledge of market dynamics and influences.
• Ability to synthesize data and articulate findings through excellent presentation skills.

Core Competencies

• All KeyBank employees are expected to demonstrate Key’s values and abide by Key’s Code of Conduct.

Physical Demands

• General office - prolonged sitting; ability to communicate face to face in person or on the phone with teammates and clients; frequent use of PC/laptop; occasional lifting/pushing/pulling of backpacks or computer bags up to 10 lbs.

Work Location Category

• Hybrid (Sales)

Compensation & Benefits

This position is eligible to earn a base salary in the range of $80,000.00 – $150,000.00 annually. Placement within the pay range may differ based on factors such as skills, experience, and geographic location. Compensation includes eligibility for incentive compensation, which may include production, commissions, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces that prioritizes in-office presence while providing flexible options where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 07/26/2026

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status, or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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