Equity Research Associate - European Telecom Services - Bernstein Research

We are looking for a Research Associate to join our European Telecom Services team in London. Our industry teams typically comprise just three professionals, giving Associates meaningful responsibility from the outset and the opportunity to make a visible contribution to our research franchise.

As a Research Associate on the European Telecom Services team you will:

1. Develop deep sector expertise alongside a Senior Analyst with extensive industry experience
2. Conduct rigorous analysis of companies, stocks and industry themes
3. Contribute meaningfully to Bernstein's highly differentiated written research
4. Build detailed, forward-looking financial models and develop robust earnings forecasts
5. Build relationships with senior company management teams, institutional investors, and internal sales and trading colleagues

We make a strong commitment to Associate development, and give you opportunities to rapidly gain visibility and incremental responsibility. While our culture is intellectually rigorous, it is also very collegial and fun – Associates participate in a range of activities including philanthropy, development and leadership programs, social events, mentoring and annual on- and off-sites.

Qualifications

We particularly welcome applicants with a recognised professional accountancy qualification, such as ACA, CA, ACCA or CPA, or equivalent training, ideally gained through a leading professional-services firm. Candidates should in all cases demonstrate a strong grounding in financial accounting and financial statement analysis.

Our Research Associates typically also possess:

1. A 1st class or 2:1 undergraduate degree in an academic subject from a highly ranked university
2. A demonstrable interest in financial markets and investment analysis; progress towards the CFA qualification would be advantageous
3. Excellent broad-based analytical skills
4. Finance-related skills e.g. financial and market modelling, valuation and M&A analysis are a plus
5. Outstanding verbal and written communication skills
6. Relentless intellectual curiosity and a drive to excel at the highest level

No prior telecoms sector experience is required; more important are analytical rigour and the ability to develop sector expertise quickly.

We look for exceptional team players who seek a highly rigorous and collegial environment for their career development. These are typically 3-5 year positions with outstanding growth potential. Historically, our associate positions have proven to be excellent platforms for successful professional careers in investing.

Application Instructions

Please submit your CV and cover letter by clicking on the 'Apply now' button. We look forward to learning more about you.

If you feel you have the required experience and qualifications, then please apply, and we will manage your application. At Bernstein, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

Company Description

Bernstein is widely recognized as a premier global equity research and brokerage firm, with a trading platform that spans the US, Europe, and Asia. Our research and trading capabilities are sought out by leading investment managers around the world, and we have a long history of our research receiving #1 rankings for overall quality and industry knowledge.

Research is our legacy and foundation. Our brand is defined by our Blackbooks, renowned for their in-depth quantitative forecasts and unmatched industry expertise. Our Research Analysts are thought leaders who typically have many years of direct experience in the industries they cover. Our reputation is for the very highest caliber of disciplined investment and industry analysis.

In 2019 Bernstein acquired Autonomous Research, a highly regarded global financial services independent research firm. This acquisition further strengthened us as the preeminent provider of the highest-quality research to our clients worldwide.

On April 1, 2024, AllianceBernstein and Societe Generale announced the official launch of Bernstein, a new joint venture expanding our global cash equities and equity research business. Clients now have unparalleled equity liquidity access and a full range of integrated services, leveraging Bernstein’s cash equities and research capabilities and Societe Generale’s equity derivatives, prime services and equity capital markets offering.