Research Associate III - Medical Technology & Supplies

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Under administrative direction, the Research Associate III is primarily responsible for providing information, data gathering, analysis, modeling, and organizational support to the Research Analyst and senior Research staff. A level III Associate has mastered the functions of a level II Associate and can perform all of the functions of an associate, including effectively filling the role of the Research Analyst in his or her absence. A Research Associate III is developing the ability to react to new information, assist in making judgment calls on stocks, and take a proactive role in helping build the franchise.

• Build and maintain Excel-based financial models, including income statements, balance sheets, cash flow statements, and discounted cash flow analysis.
• Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
• Analyze information obtained from management in order to conceptualize and define operational problems.
• Perform validation and testing of models to ensure adequacy; reformulate models as necessary.
• Building and updating comp sheets.
• Managing the databases and electronic data services (i.e. Bloomberg, FactSet, etc.)
• Must be able to clearly state and defend the senior level Research Analysts investment thesis and outlook for each of the stocks under coverage.
• Able to clearly apply, defend and/or develop valuation methodologies for the stocks under coverage and the broader sector.
• Ability to react to new information and what it means to the stocks.
• Proactively generate ideas that enhance research.
• Respond to questions from institutional sales and clients regarding covered companies, and industry questions and data requests.
• Generate report ideas and fully develop written product.
• Meets the special projects demands of the Research Associate VP.
• Continues to build overall development of job knowledge.
• Some travel by car and/or air in conjunction with local, regional and/or national travel, up to 25%.

• Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Time Management - Managing one's own time and priorities to ensure the meeting of deadlines
• Oral and Written Expression - The ability to communicate information and ideas in spoken or written form so that others will understand.
• Economics, Accounting, Finance, and Securities Analysis - Knowledge of economic, accounting, and financial principles and practices, the financial markets, the industry, the analysis and reporting of financial data, and associated terminology.

• Minimum Required: Bachelor's degree
• Minimum Required: 3 to 5 years of relevant industry experience and/or proven experience at the Associate II level

• Minimum Required: None

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook

The Stifel Equity Research Group is a recognized leader with a deep and broad spectrum of coverage. Our award-winning analysts are thought leaders, many with hands-on experience in their respective industries, offering objective, in-depth analysis and timely, actionable research ideas.

Stifel is a top 10 provider of U.S. equity coverage in:

• Aerospace & Defense
• Consumer & Retail
• Diversified Industrials
• Internet & Media
• Healthcare
• Real Estate
• Technology
• Transportation
• Business Services
• Energy & Power
• Materials