Equity Research, Associate - Financial Institutions (China/Hong Kong)
Our top-ranked Equity Research team produces alpha-generating, high-conviction insights that drive investment debates across global markets.
We are seeking an Associate to join the China/HK Financial Institutions equity research team and will play an integral role in supporting the team's research franchise. The role involves financial modelling, sector and company analysis, and client engagement, contributing to differentiated, high-quality research output.
The ideal candidate is detail-oriented, intellectually curious, and thrives in a fast-paced, deadline-driven environment with a strong emphasis on accuracy, independence, and compliance.
Responsibilities include
- Support team's coverage across the sector- banks, insurance, and diversified financials.
- Maintain models and database, retrieve and analyze information from company filings and external data source.
- Monitor company announcements, industry news flow, macro, and policy developments closely.
- Conduct fundamental research on listed companies, including financial analysis, earning forecasting, valuation, and investment recommendation.
- Draft timely company updates and high-quality research reports on industry developments and long-term thematic trends.
- Contribute to franchise-building initiatives through thematic projects and regional collaborations.
- Respond promptly to requests for data, analysis, financial models, and bespoke research.
Qualifications
- Minimum of 2 year of relevant experience in sell-side or buyside equity research.
- Experience in FIG sector is preferred.
- Strong attentive to details and great ability to maintain high standards of accuracy and quality in timely manner.
- Strong financial modeling, accounting, and valuation skills, with the ability to analyze financial trends, business landscape, and industry dynamics.
- Strong analytical, critical thinking, and problem-solving capabilities.
- Fluency in English required; Mandarin is a plus given regional corporate and client interaction.
- Self-motivated, collaborative team player with intellectual curiosity, sound business judgement, and interest in financial markets and equity investing.
About Us
Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
#LI-AS1
About UsJefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
Skills Required
- Minimum of 2 years relevant sell-side or buy-side equity research experience
- Experience in FIG sector (banks, insurance, diversified financials)
- Strong financial modeling, accounting, and valuation skills
- Ability to analyze financial trends, business landscape, and industry dynamics
- Strong analytical, critical thinking, and problem-solving capabilities
- Fluency in English
- Mandarin language skills
- Attention to detail and ability to maintain high accuracy under tight deadlines
- Self-motivated, collaborative team player with sound business judgment and interest in financial markets
Jefferies Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Jefferies and has not been reviewed or approved by Jefferies.
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Strong & Reliable Incentives — Compensation is positioned as competitive with meaningful upside, with potential for significant earnings depending on group performance and strong years. A formulaic, performance-linked bonus model ties payouts to individual fees or P&L, reinforcing a pay-for-results dynamic.
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Parental & Family Support — Family-building support is broad, including primary and non-primary caregiver leave, adoption assistance, subsidized emergency child and eldercare, and a $25,000 stipend for qualified surrogacy, adoption, or fertility support. Added resources like family support programs and parental-leave coaching further strengthen caregiver benefits.
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Wellbeing & Lifestyle Benefits — Lifestyle perks extend beyond standard coverage, including discount programs, commuter benefits, legal plans, charitable matching, and education assistance such as tuition support and scholarships for employees’ family members. Location-specific perks like gym stipends and free cafeteria lunch are also described as available in some offices.
Jefferies Insights
What We Do
Jefferies, the global investment banking firm, has served companies and investors for 60 years. Headquartered in New York, with offices in over 30 cities around the world, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, as well as asset and wealth management. The firm provides research and execution services in equity, fixed income, and foreign exchange markets, as well as a full range of investment banking services including underwriting, mergers and acquisitions, restructuring and recapitalization, and other advisory services, with all businesses operating in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group (NYSE: JEF), a diversified financial services company. More about our company can be found at www.jefferies.com.








