The Associate-level position in the Medical Supplies & Devices Team at Morgan Stanley involves conducting equity research and providing investment recommendations. The role requires a strong understanding of financial modeling and the ability to analyze macroeconomic and microeconomic conditions. Team members will interact with institutional investors and maintain relationships with company management. A commitment to excellence and integrity is essential in this fast-paced environment.

• The candidate will ideally have 2+ years of professional experience in Equity Research, Investment Banking, or Capital Markets.
• Experience utilizing Excel to build and maintain financial models is required.
• Experience writing in a professional capacity, such as crafting equity research notes or industry reports, is necessary.
• Strong PowerPoint skills are required.
• The candidate should be adaptable and able to work well under pressure.
• Strong attention to detail is a must.
• Experience in the medical industry, specifically the medical device sector, is a plus.
• CFA is a plus.

• Create and maintain earnings, valuation, and industry models leveraging skills in accounting, finance, and economics.
• Write research reports for initiations of coverage, analysis of data, earnings results, and industry news.
• Interact with institutional investors and respond to requests for models and data analysis.
• Keep abreast of industry-related news flow and analyze implications of news and industry developments to companies under coverage.
• Develop and maintain relationships with investor relations personnel and management of companies under coverage.
• Conduct industry diligence and primary research through surveys, expert conference calls, and various channel checks to evaluate industry trends.
• Assist internal sales and trading teams in the timely analysis of breaking news in the sector.

• Morgan Stanley offers extensive benefits that support employees’ careers, health, finances, and families, including top-tier medical coverage, mental health support, generous parental leave, fertility and family-building benefits, and robust retirement and stock purchase plans. Employees also gain access to continuous learning and networking opportunities, volunteer and giving programs aligned with the firm’s values, and hundreds of lifestyle perks like discounted products, cultural and entertainment tickets, and commuter savings.