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B. Riley Securities

Research Associate

B. Riley Securities, New York, New York, us, 10261

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Overview

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Research Associate

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B. Riley Securities . B. Riley Securities | Arlington, VA & New York, NY Join a Top-Ranked Research Platform Where Your Impact Matters from Day One. For more than 25 years, B. Riley Securities has built its reputation as a premier small- and mid-cap research boutique widely recognized across the Street for its exceptional stock-picking performance, which is the backbone of our firm. With approximately 400 companies under coverage and a fundamentals-driven approach, our research platform has earned recognition for generating alpha-producing ideas that institutional investors trust. We are seeking ambitious research associates that are ready to join our proven analyst development track and make an immediate impact at a leading middle-market investment bank. Position Overview As a research associate, you will develop the analytical rigor and market instincts necessary to become a leading voice in equity research. Under direct supervision from senior analysts, you will master fundamental analysis, financial modeling, and investment thesis development. Base salary range : $80,000–$100,000, depending on experience Location : Arlington, VA or New York, NY (preferred) Core Responsibilities

Research & Analysis

Identify actionable investment opportunities through fundamental research and channel checks. Develop differentiated investment theses with clear catalysts and risk/reward frameworks. Monitor coverage universe for inflection points and communicate timely calls to the team. Present stock ideas in monthly associate program competitions with conviction and supporting analysis. Conduct deep-dive industry research and primary research initiatives.

Financial Modeling & Valuation

Build and maintain complex financial models, including DCF, comparable analysis, and sector-specific frameworks. Demonstrate mastery of accounting fundamentals and financial statement analysis. Construct accurate forecasts and sensitivity analyses to support investment recommendations. Identify key debate points and valuation disconnects in the coverage universe.

Research Production & Engagement

Draft institutional-quality research reports requiring minimal editing before publication. Communicate actionable ideas on morning/midday calls when appropriate. Execute information requests from sales force and institutional clients. Support corporate access initiatives connecting investors with management teams. Participate in earnings calls, investor meetings, and management presentations. Build relationships with company management teams and investor relations professionals.

Professional Development

Participate in firm activities, committees, task forces, and recruiting efforts. Attend external industry-related events. Support corporate access initiatives connecting investors with company management teams.

Qualifications

Education & Experience

Bachelor’s degree in finance, economics, accounting, healthcare, or related field. Demonstrated passion for public markets through investment club participation, personal investing, and/or relevant coursework. One to four years of experience in equity research or general finance (preferred but not required). CFA designation or active candidacy (preferred).

Technical Excellence

Superior analytical skills with deep understanding of financial and accounting principles. Advanced proficiency in Excel financial modeling and PowerPoint presentations. Experience with Bloomberg, Blue Matrix, and FactSet (preferred). Excellent verbal and written communication skills with the ability to express ideas effectively and fluently to an institutional audience.

Personal Attributes

Intellectual curiosity and passion for uncovering investment opportunities. Ability to manage multiple projects while maintaining attention to detail. Comfortable with direct client interaction and public speaking. Team player who thrives in a competitive team environment.

Licenses

SIE, Series 86 and Series 87 licenses preferred. If not currently licensed, required to obtain all necessary licenses within the first 6 months of employment.

Coverage Sectors

Consumer, Media & Entertainment; Diversified Industrials, Homebuilders & Building Materials; Discovery Group; Energy & Natural Resources; Financial Services; Healthcare; Real Estate; Technology.

Compensation & Benefits

Competitive base salary range of $80,000 to $100,000 with quarterly performance-based bonuses and potential for additional associate program competition bonuses. Comprehensive medical, dental, and vision insurance. 401(k) profit-sharing retirement plan. Paid holidays, vacation, and sick leave.

Application Process

Initial screen: Phone interview with HR and hiring manager. Associate interview: Stock pitch and cultural fit evaluation. Technical assessment: Modeling and writing test. Analyst interview: Assessment of analytical capabilities and sector knowledge. Final round: Director of Research evaluation.

About B. Riley Securities

B. Riley Securities provides comprehensive investment banking and capital markets services across industry verticals, with our equity research platform serving as the intellectual foundation of the firm. We are recognized for thematic proprietary equity research and for our network and execution capabilities across the platform. Our 25+ year track record includes developing top-tier analysts and a clear path from associate to analyst on the Street. Inclusion and Equal Opportunity Employment : B Riley Securities is an equal opportunity employer committed to diversity and inclusion. We consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, or any other legally-protected factors.

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