Equity Research - Enterprise Software - Associate

Location: New York, NY, United States

Job Family: Analysts

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. Our Equity Research team plays a pivotal role in providing institutional clients with insightful analysis on key sectors, including enterprise software, to drive informed investment decisions. As an Equity Research Associate in Enterprise Software based in New York, NY, you will join a dynamic team covering high-growth areas like cloud computing, SaaS platforms, and enterprise resource planning. This role offers exposure to top-tier software companies and the opportunity to contribute to high-impact research that influences market perspectives and trading strategies within one of the world's most respected investment banks. In this position, you will support senior analysts by building sophisticated financial models, analyzing company fundamentals, and tracking sector developments such as AI integration in enterprise solutions and cybersecurity trends. Responsibilities include drafting research reports, participating in earnings calls, and engaging with corporate management to gather proprietary insights. You will collaborate closely with JPMorgan's sales, trading, and capital markets teams to disseminate research and respond to client inquiries, ensuring our coverage remains timely and relevant in a rapidly evolving tech landscape. This role demands a blend of rigorous quantitative analysis and qualitative industry expertise to identify investment opportunities and risks. At JPMorgan Chase, we foster a culture of innovation, integrity, and professional growth. As an Associate, you will benefit from mentorship by industry-leading analysts, access to cutting-edge research tools, and participation in firm-wide initiatives. This position is ideal for motivated professionals passionate about the intersection of technology and finance, offering a platform to build a distinguished career in equity research while contributing to the firm's commitment to excellence in financial services.

Key Responsibilities

• Conduct in-depth fundamental analysis of enterprise software companies, including financial modeling and valuation
• Build and maintain detailed financial models to forecast earnings, revenue, and cash flows for covered stocks
• Prepare equity research reports, initiations, updates, and recommendations for institutional clients
• Monitor industry trends, competitive landscapes, and macroeconomic factors impacting the software sector
• Interact with company management teams through meetings, conference calls, and site visits
• Collaborate with sales and trading teams to provide insights and support client queries
• Contribute to the production of sector-themed research notes and presentations
• Attend industry conferences and stay abreast of regulatory changes in financial markets
• Assist in mentoring junior analysts and ensuring high-quality research output
• Support the broader equities research team in ad-hoc projects and coverage expansion

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field; MBA or advanced degree preferred
• 2-4 years of experience in equity research, investment banking, or a related financial services role
• Strong understanding of the enterprise software sector, including SaaS, cloud computing, and enterprise applications
• Proficiency in financial modeling, valuation techniques, and equity analysis
• Excellent analytical skills with the ability to interpret complex financial data and market trends
• Series 7 and 86/87 licenses or willingness to obtain them
• Ability to work in a fast-paced, high-pressure environment in New York, NY

Preferred Qualifications

• Prior experience covering technology or software stocks at a bulge-bracket bank or research firm
• Advanced knowledge of Bloomberg, FactSet, or similar financial databases
• CFA charterholder or candidate in progress
• Experience with enterprise software companies such as Salesforce, Oracle, or Microsoft
• Strong network in the tech and financial industries

Required Skills

• Financial modeling and valuation expertise
• Proficiency in Excel, PowerPoint, and Word
• Knowledge of Bloomberg Terminal and capital markets data tools
• Strong quantitative and analytical abilities
• Excellent written and verbal communication skills
• Attention to detail and accuracy in data analysis
• Ability to synthesize complex information into actionable insights
• Time management and prioritization in a deadline-driven environment
• Team collaboration and interpersonal skills
• Understanding of accounting principles and financial statements
• Research skills for industry and company analysis
• Adaptability to market volatility and regulatory environments
• Critical thinking for evaluating investment opportunities
• Presentation skills for client and internal communications
• Technical knowledge of enterprise software technologies

Benefits

• Competitive base salary and performance-based bonus structure
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and CFA support
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Global mobility opportunities within JPMorgan Chase's extensive network

JP Morgan Chase is an equal opportunity employer.