Jefferies is seeking an experienced Associate to support coverage of the advanced industrials and industrial technology sectors, with a primary focus on automation & robotics, electrification, precision technologies, photonics, and power infrastructure.
Responsibilities:
Develop and maintain detailed financial and operating models, incorporating key end-market drivers such as industrial automation, manufacturing activity, electrification, automotive production, electronics demand, and capital spending trends.
Analyze industry developments, competitive dynamics, and technology adoption trends to identify investment opportunities and risks.
Track company-specific catalysts through earnings reports, regulatory filings, investor communications, industry events, and primary research.
Conduct channel checks and engage with industry participants, customers, suppliers, distributors, and subject matter experts to assess demand trends and competitive positioning.
Author first-look earnings notes, company updates, and thematic research on topics related to automation, industrial digitization, electrification, AI-driven manufacturing, and advanced industrial technologies.
Support initiation reports, industry primers, market-sizing exercises, and value-chain analysis to develop differentiated investment insights.
Respond to client inquiries and collaborate closely with sales and trading to communicate investment views, sector themes, and company-specific developments.
Build and maintain relationships with company management teams, investor relations professionals, industry experts, and other key stakeholders.
Qualifications:
2+ years of experience covering industrials, industrial technology, automation, semiconductors, electronics, automotive technology, or adjacent sectors across sell-side research, buy-side investing, investment banking, or consulting.
Familiarity with industrial technologies and business models, including automation & robotics, machine vision, precision instrumentation, power electronics, photonics, thermal management, and industrial software or digitization trends.
Strong understanding of key industrial end markets, including manufacturing, electrification, automotive, electronics, data center infrastructure, and broader capital investment cycles.
Ability to assess technology adoption and competitive positioning, including product differentiation, market share opportunities, and long-term industry trends.
Experience analyzing industry data and leading indicators, including industrial production, PMI, automotive production, electronics demand, and capital spending trends.
Advanced Excel modeling skills, including operating models, multi-segment valuation frameworks, sensitivity analysis, and scenario development.
Excellent written and verbal communication skills, with an ability to translate complex technical concepts into actionable investment insights.
Proficiency in FactSet and/or Bloomberg; experience with industry databases and channel-check research is a plus.
Solid grounding in accounting, corporate finance, and valuation, including operating leverage, capital allocation, margin frameworks, and return analysis.
Education:
Bachelor’s/University degree required
CFA or progress toward CFA designation preferred
FINRA Series 63, 86, and 87 preferred (required within 5 months of hire)
Primary Location Full Time Salary Range of $135,000 - $165,000.
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 are committed 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 committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, 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 accommodation to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.
Skills Required
- 2+ years of experience covering industrials, industrial technology, automation, semiconductors, electronics, automotive technology, or adjacent sectors across sell-side research, buy-side investing, investment banking, or consulting.
- Familiarity with industrial technologies and business models, including automation & robotics, machine vision, precision instrumentation, power electronics, photonics, thermal management, and industrial software or digitization trends.
- Strong understanding of key industrial end markets, including manufacturing, electrification, automotive, electronics, data center infrastructure, and broader capital investment cycles.
- Ability to assess technology adoption and competitive positioning, including product differentiation, market share opportunities, and long-term industry trends.
- Experience analyzing industry data and leading indicators, including industrial production, PMI, automotive production, electronics demand, and capital spending trends.
- Advanced Excel modeling skills, including operating models, multi-segment valuation frameworks, sensitivity analysis, and scenario development.
- Excellent written and verbal communication skills, with an ability to translate complex technical concepts into actionable investment insights.
- Proficiency in FactSet and/or Bloomberg.
- Experience with industry databases and channel-check research.
- Solid grounding in accounting, corporate finance, and valuation, including operating leverage, capital allocation, margin frameworks, and return analysis.
- Bachelor's/University degree.
- CFA or progress toward CFA designation.
- FINRA Series 63, 86, and 87 (preferred at application; required within 5 months of hire).
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.
