Bank of Montreal

Equity Research Associate - Semiconductors

Bank of Montreal$110K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-3 years equity research experience for Senior Associate
  • Strong analytical and critical thinking skills
  • Interest in Semiconductor or Hardware Technology preferred
  • Exceptional written and verbal communication abilities
  • Bachelor's degree is required, advanced degrees are a plus

Responsibilities

  • Build and maintain detailed company financial models
  • Analyze financial statements and industry news
  • Write equity research reports and form investment theses
  • Assist with new company initiations and reports
  • Participate in management meetings and site visits
  • Maintain and analyze relevant industry data
  • Communicate investment recommendations to stakeholders

Benefits

  • Health insurance
  • Tuition reimbursement
  • Accident and life insurance
  • Retirement savings plans
  • Performance-based incentives and discretionary bonuses
Full Job Description
Application Deadline:

06/18/2026

Address:
151 W 42nd Street

Job Family Group:
Customer Solutions

Description:

We are seeking two Equity Research Associates to join our Semiconductor team. The associates will work closely with the senior analyst to develop and market all equity research products. Both roles require strong analytical / critical thinking skills, a passion for the stock market, keen attention to detail, and a strong work ethic.

The work environment involves collaboration, co-ordination and a shared knowledge base with the analyst and rest of the team but equally values independence, initiative, idea generation and a sense of ownership for the work.

Ideal Candidate:

Ideally, our team will consist of two associates as follows:

a Senior Associate with has 2-3 years of equity research experience, prior industry knowledge, and the requisite research licenses (SIE, Series 7, 63, 86, 87); and an Associate who has strong technical skills and is eager to join an equity research team. A demonstrated interest in Semiconductor or Hardware Technology is a plus. Licenses or prior experience for the second associate is a plus, but not required.

Responsibilities include, but are not limited to:
  • Building and maintaining detailed company models (IS/BS/CF)
  • Building and maintaining market models
  • Analyzing financial statements and news related to industry coverage
  • Writing equity research reports and over time, formulating investment theses
  • Assist with new initiations and detailed reports on companies
  • Keeping current on healthcare trends and industry dynamics
  • Participation in site visits and management meetings
  • Maintaining and analyzing industry data
  • Communicating investment recommendations to internal and external clients


Experience/Skills:

A combination of exceptional writing skills, technical knowledge and skills in equity research, finance or accounting demonstrated through relevant work and educational experience is required. Prior industry experience in the healthcare is a strong plus. Candidates must have a clear and proven track record of achievement throughout their education and career. Other necessary attributes include:

  • Exceptional written and verbal communication skills
  • A keen interest in and demonstrated understanding of Equity Research
  • A positive attitude, intellectual curiosity, the ability to learn quickly and strong attention to detail
  • Ability to gather market data and proficiency in services (e.g., Gartner) is preferred
  • Superior work ethic, self-motivation and the ability to work independently
  • Ability to systematically manage a heavy work load and meet stringent deadlines
  • Flexibility to work irregular or extended hours
  • Solid technology skills with robust knowledge of Excel, Word, PowerPoint, Bloomberg
  • Clinical & regulatory literacy (understanding of the FDA approval landscape, ability to interpret clinical trial data)
  • Familiarity with the "Payer" landscape, including CPT codes, DRGs, and the impact of CMS
  • Experience leveraging secondary data sources (e.g., IQVIA, Symphony, or hospital supply chain data)
  • Demonstrated use of AI in the workplace
  • CFA is a plus


Education:

Bachelor's degree is required. A post-secondary degree in a related field of study is a plus. U.S. only.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.

Senior Research Associate Base Salary Range:

The salary range for this role is $150,000 up to $200,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

Equity Research Associate Base Salary Range:

The salary range for this role is $110,000 up to $140,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

Salary:

Pay Type:
Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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