Equity Research Associate (Semis, Networking, Hardware, Quantum)

Citi's Equity Research team is looking for an Associate with strong financial fundamentals, intellectual curiosity and a genuine interest in investing.

This opportunity is ideal for early-career professionals with approximately 1-2 years of experience who are looking to build a long-term career in Equity Research while learning directly from experienced senior analysts.

You’ll develop company expertise, financial modeling skills, and investment insights while covering one of the most dynamic sectors in the global market.

Previous experience covering the Technology sector is not required, we welcome candidates from other industries who are excited to learn and transition into areas such as Semis, Networking, Hardware, Quantum and other technology subsectors.

• Support senior analysts in researching companies across the Technology & Communications sector.
• Build and maintain financial models, valuation analyses, and earnings forecasts.
• Analyze company financial statements, industry trends, competitive positioning, and market developments.
• Assist with writing research reports, earnings previews and recaps, thematic reports, and investment recommendations.
• Participate in earnings calls, company meetings, industry conferences, and investor events.
• Monitor news flow, financial results, and industry developments to identify investment opportunities and risks.
• Prepare presentation materials and research supporting client discussions.
• Collaborate closely with senior analysts while developing deeper sector expertise and research skills.
• Contribute to a collaborative team environment while maintaining high standards of accuracy, integrity, and professional

• 1 to 2 years of experience in Equity Research, Investment Banking, Corporate Finance, Asset Management, Valuation, or another financial markets-related role.
• Strong understanding of financial statements, accounting fundamentals, and corporate finance.
• Experience building financial models and performing company valuation analyses (DCF, comparable companies, precedent transactions, or similar methodologies).
• Active holding of, or eligibility to obtain, SIE, Series 63, Series 86, and Series 87 licenses.
• Excellent analytical and problem-solving skills.
• Strong written and verbal communication skills.
• High attention to detail with the ability to manage multiple priorities in a fast-paced environment.
• Intellectual curiosity and a genuine passion for financial markets and investing.
• Ability to learn quickly and develop expertise in a new industry or sector.
• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.

• Experience using Bloomberg Terminal, FactSet, Capital IQ, or similar financial platforms.
• Progress toward the CFA designation is a plus, but not required.
• Interest in the Technology & Communications sector demonstrated through professional experience, academic work, personal investing, research, or continuous learning.

At Citi, you will work alongside a team of experienced research professionals operating at the forefront of the global technology sector, with access to the resources, relationships, and reach of one of the world's leading financial institutions.

We are committed to supporting your long-term career growth, professional development, and overall wellbeing.

• Hybrid working model with 3 days in the office and 2 days working remotely, giving you flexibility and structure in equal measure.
• Strategic influence over how Citi's Technology & Communications research reaches institutional clients and shapes market perspectives globally.
• Access to senior leadership, global industry networks, and cross-functional collaboration across Citi's research and investment banking franchise.
• Ongoing learning and professional development opportunities, including support for advanced qualifications and continuing education.
• Wellbeing support and work-life balance resources designed to sustain long-term performance and personal resilience.
• Competitive compensation and financial wellbeing benefits, including access to Citi's broader employee financial programmes.

Apply today and take the next step toward building your career in Equity Research at Citi.

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.