Senior Equity Research Analyst – Business Services - Berenberg Bank

For our Equities department, we are looking to hire an experienced Equity Research Analyst – Business Services. Berenberg has one of Europe’s largest equity research teams. Our approach is built on a deep understanding of industries, companies, and stock markets, combined with detailed financial analysis and thorough assessment of management quality. Our analysts identify mispriced shares to provide timely investment recommendations. Freedom of thought and complete independence are central to our research philosophy.

What will you do?

• Lead sell-side research coverage of large-cap companies across the UK, Europe, and global markets within the Business Services sector, delivering high-conviction, actionable investment recommendations to institutional clients.
• Produce differentiated company research, including initiation notes, earnings previews/reviews and produce high-quality research reports.
• Develop and maintain sophisticated, fully integrated financial models, incorporating scenario, sensitivity, and valuation analysis (DCF, multiples, and sum-of-the-parts) to support earnings forecasts and stock recommendations.
• Engage extensively with institutional investors, communicating investment views through client meetings, roadshows, conference calls, and bespoke research responses; proactively generate client dialogue and contribute to revenue generation.
• Build and maintain senior-level relationships with company management teams, attending results presentations, investor conferences, and industry events to gather proprietary insights and enhance sector positioning.
• Support franchise growth and team leadership, mentoring junior analysts, enhancing research processes and sector databases, and ensuring adherence to compliance and regulatory standards.

Who are we looking for?

• Previous experience as an Equity Research Analyst, likely at Vice President level or above.
• Has established own coverage previously across at least 2 or 3 companies, and able to join and lead initiations and coverage.
• Can have experience covering any sector but able to articulate clearly their interest in Business Services.
• Degree-level education or equivalent professional experience required.
• Strong analytical and numerical skills, with excellent verbal and written communication abilities.
• Advanced IT skills, including proficiency in Microsoft Office applications.

What we offer you:

• Private pension plan - 10% of base salary contribution by Berenberg.
• Generous 30 day holiday allowance.
• Private Health Insurance.
• Life Insurance scheme.
• Flexible working hours.
• Enhanced parental leave policies.
• Employee Assistance Programme offering counselling sessions related to mental health, financial wellbeing and other topics.

We are a leading European private bank, with over 430 years of experience and deep rooted history, but we are still shaping and heavily investing in our future. Our progress and evolution are driven by our people. We encourage them to try new approaches, voice their opinions and achieve success in their own way. We provide opportunities for them to develop their talents, explore different career paths and achieve their full potential. We’re an ambitious, forward‑looking business, backed by centuries of tradition and built on innovation. You’ll find a culture that encourages people to think independently, act entrepreneurially and challenge the status quo. We place great importance on working on site, as we believe that being together in the office not only fosters creativity and efficiency, but also strengthens networks and builds trusting, collegial relationships. For us, this forms the foundation for productive and successful work. Together we collaborate to shape our business and fulfil our ambitious goals.

We welcome you to join us in our commitment to always do the right thing for our people, clients and our business – Our future is where you take us!

Berenberg is an Equal Opportunities Employer and prides itself on being a modern, dynamic and internationally orientated organisation. We value the rich diversity, skills and abilities and creative potential that people from differing backgrounds and experiences bring to the workplace. Every employee plays a vital role in providing quality service to all our customers and helping to create an inclusive working environment, where everyone can realise their full potential. We’re committed to finding reasonable accommodations for candidates who require adjustments during our recruiting process.