Equity Research Associate/Senior Associate, Diversified Financials

Equity Research Associate/Senior Associate, Diversified Financials – Australia 

Our top-ranked Equity Research team produces alpha-generating, high-conviction insights that drive investment debates across global markets.

We are seeking an Associate to join the Diversified Financials Equity Research team. The role will play an integral part in supporting the team's research franchise across a broad range of listed financial services companies in Australia.

The successful candidate will contribute to differentiated, high-quality research through financial modelling, company and industry analysis, thematic research, and client engagement. The role offers significant exposure to corporate management teams, institutional investors, and senior research professionals.

The ideal candidate is detail-oriented, intellectually curious, and thrives in a fast-paced, deadline-driven environment, with a strong commitment to accuracy, independence, and compliance.

Responsibilities

• Support the team's coverage of Australian diversified financials companies, including insurers, wealth managers, asset managers, exchanges, payments companies, non-bank lenders, financial technology businesses, and other financial services firms.


• Maintain and enhance company financial models, sector databases, and valuation frameworks.


• Analyse company financial statements, earnings releases, regulatory filings, and industry data.


• Monitor company announcements, market developments, regulatory changes, and macroeconomic trends.


• Conduct fundamental research on listed companies, including financial analysis, earnings forecasting, valuation, and investment recommendation development.


• Draft timely company updates, earnings reviews, industry reports, and thematic research pieces.


• Participate in meetings with company management teams, industry experts, and institutional investors.


• Contribute to franchise-building initiatives through thematic projects, client marketing activities, and collaboration with regional and global research teams.


• Respond promptly to client requests for data, analysis, financial models, and bespoke research.

Qualifications

• Minimum 1 year of relevant experience in sell-side or buy-side equity research, investment banking, asset management, consulting, or a related financial services role.


• Experience covering diversified financials, financial services, business services, fintech, or broader financial institutions sectors is preferred.


• Strong attention to detail and a demonstrated ability to maintain high standards of accuracy and quality while managing multiple priorities.


• Advanced financial modelling, accounting, and valuation skills, with the ability to analyse business performance, competitive positioning, and industry dynamics.


• Strong analytical, critical thinking, and problem-solving capabilities.


• Excellent written and verbal communication skills, including the ability to articulate complex investment ideas clearly and concisely.


• Self-motivated, collaborative team player with intellectual curiosity, sound commercial judgement, and a strong interest in financial markets and equity investing.


• Bachelor's degree in Finance, Economics, Accounting, Commerce, or a related discipline; CFA progress or qualification is advantageous.

Preferred Candidate Profile

• Knowledge of the Australian financial services landscape, regulatory environment and key industry trends impacting the sector.


• Ability to work independently while collaborating effectively within a team-oriented environment.


• Strong Excel, PowerPoint, and financial database skills (e.g., Bloomberg, FactSet, Capital IQ, Visible Alpha).

About Us


Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.


At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.


Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.