At a Glance
- Tasks: Dive into stock value analysis and build financial models using Excel.
- Company: UBS is the world's largest global wealth manager, operating in over 50 countries.
- Benefits: Enjoy flexible working options, a supportive team, and opportunities for growth.
- Why this job: Join a dynamic team, tackle real-world challenges, and make impactful investment recommendations.
- Qualifications: Post-graduate degree in social sciences and experience in empirical research required.
- Other info: Collaboration and inclusion are at the heart of our culture.
The predicted salary is between 36000 - 60000 £ per year.
Your role
Do you want to understand what drives the value of stocks? Do you enjoy using empirical methods to extract information from hundreds, or thousands, of datapoints? When your research ideas run up against data limitations, do you welcome the challenge? Do you enjoy staking out a position on what is about to happen, communicating your reasoning to skeptical audiences, and then finding out if you turned out to be right or wrong? Are you excited by the prospect of working in dynamic and diverse teams with a broad range of skillsets? Does your head turn if someone asks, "Now how might we take this hypothesis to data?" Does research sound more fun for you when there is money on the line? If this describes you, let’s discuss an opportunity to begin a career in the world of sell-side equity research:
- learn to build and maintain financial models on Excel
- test hypotheses about companies and their suppliers, customers, and competitors
- apply hypothesis-driven empirical research methods to evaluate historical information and make projections
- communicate investment recommendations succinctly, both verbally and in writing
- educate colleagues about replicable statistical computing workflows and habits
- work under tight deadlines, keep up with rapid changes in market developments, and contribute to informed views about investment strategies
Your team
You will be part of a small equity research team tasked with expressing an informed view on the value of 5-30 companies in a particular sector. Your team operates within the global research department of a large, globally distributed investment bank. This department serves the needs of clients who are professional investors, by helping them identify and access investments that match their objectives. As an equity research associate with deep expertise in the empirical social sciences, you will have skills that are non-traditional in this environment. You will be a pioneer, helping to establish the next frontier of sell-side equity research.
Your expertise
- Post-graduate degree in an empirical social science like economics, sociology, political science, demography, population health, public policy, education, or related field.
- Ideally >2 years’ experience in designing and executing hypothesis-driven empirical research projects. For PhD applicants, research experience gained while earning a degree counts.
- Demonstrated track record of turning over projects under tight external deadlines (on the order of hours, not days).
- Significant experience or formal training in statistical computing. Using Python as the primary coding language would be a major plus.
- Experience in using Microsoft Excel would be a plus.
- Finance industry-related certifications (such as CFA Level 1) would be a major plus.
About us
UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors. We have a presence in all major financial centers in more than 50 countries.
Join us
At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
Disclaimer / Policy statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Equity Research Science Associate employer: UBS
Contact Detail:
UBS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Research Science Associate
✨Tip Number 1
Familiarise yourself with the latest trends in equity research and financial modelling. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Brush up on your statistical computing skills, especially in Python. Being able to demonstrate your proficiency in data analysis can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the finance industry, particularly those involved in equity research. Attend relevant events or webinars to gain insights and make connections that could lead to referrals.
✨Tip Number 4
Prepare to discuss your previous research projects in detail, focusing on how you approached hypothesis testing and data limitations. This will showcase your problem-solving skills and ability to work under pressure.
We think you need these skills to ace Equity Research Science Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in empirical research and statistical computing. Emphasise any projects where you've used Python or Excel, as these are key skills for the role.
Craft a Strong Cover Letter: In your cover letter, express your passion for equity research and your understanding of market dynamics. Mention specific examples of how you've tackled data limitations and communicated complex ideas effectively.
Showcase Your Research Skills: Include details about your post-graduate degree and any relevant research projects. Highlight your ability to work under tight deadlines and your experience with hypothesis-driven research methods.
Prepare for Interviews: Be ready to discuss your research methodologies and how you would apply them in the context of equity research. Practice explaining your reasoning behind investment recommendations clearly and succinctly.
How to prepare for a job interview at UBS
✨Showcase Your Research Skills
Be prepared to discuss your previous research projects in detail. Highlight how you designed and executed hypothesis-driven empirical research, especially under tight deadlines. This will demonstrate your ability to thrive in a fast-paced environment.
✨Excel and Statistical Computing Proficiency
Since the role involves building financial models on Excel and using statistical computing, brush up on these skills before the interview. Be ready to provide examples of how you've used Python or other statistical tools in your past work.
✨Communicate Clearly and Succinctly
Practice summarising complex information into clear, concise investment recommendations. The ability to communicate effectively, both verbally and in writing, is crucial for this role, so consider preparing a few key points to convey your insights.
✨Demonstrate Team Collaboration
The job requires working in dynamic teams, so be ready to share experiences where you collaborated with others. Discuss how you contributed to team success and how you handle differing opinions, as this will show your ability to work well in diverse environments.