Morgan Stanley
Equity Research – Associate, Softlines/Apparel/Footwear (New York)
$110K–$200K
New York, New York · On-site · Full-time · Posted Aug 21, 2026
- Experience
- 3+ years in Equity Research, Investment Banking, Capital Markets, and/or the retail industry.
About the job
Conduct equity research on softlines, apparel, footwear, department stores, and related retailers and brands, developing financial analysis and investment recommendations for clients.
What you'll do
- Build and maintain earnings, valuation, and industry models; analyze company and industry developments.
- Write research reports and presentations, and collaborate with sector and global teams on cross-industry themes.
- Support institutional investors and internal sales and trading teams; conduct industry diligence and maintain company relationships.
What they ask for
- 3+ years of professional experience in Equity Research, Investment Banking, Capital Markets, and/or the retail industry.
- Experience using Excel to build or maintain financial models.
- Professional writing experience, such as equity research notes or correspondence.
- PowerPoint skills; strong attention to detail and ability to work under pressure and quick-turnaround deadlines.
Nice to have
- Retail sector experience; accounting experience.
- CFA.
Pay
$110,000 and $125,000 per year (USD) — base salary for Analyst; $150,000 and $200,000 per year (USD) — base salary for Associate
Tools
Excel, PowerPoint
AI focus
Use AI-enabled research tools to accelerate information gathering, model maintenance, data analysis, and workflow execution while maintaining analytical rigor, source verification, and quality control.
Model-written summary · the original posting is authoritative