Equity Research Associate - Aerospace & Defense


New York, NY

Cowen is looking for an Associate to work for its Aerospace & Defense Research team. 

The successful candidate will work directly with the Senior Research Analysts on many aspects of the research process including performing financial analysis and due diligence, writing investment-driven research reports, developing, and fielding industry surveys and undertaking a wide array of industry analyses and competitive assessments. The associate will have broad exposure to company managements, investor conferences, and the research process that professional investment analysts utilize to make investments and recommendations. Competitive compensation and benefits program.

Job Requirements / Qualifications

The following are the minimum requirements for the position:

  • Bachelor’s degree and/or MBA with superior academic credentials
  • Minimum of 2+ years sell or buy side research experience preferably in the A&D or broader industrial space
  • CFA or CFA track a plus
  • Securities licenses preferred (series 7/SIE, 63, 86, 87)
  • Strong financial modeling skills, with attention to detail, and ability to write clearly and succinctly
  • Creative, self-directed research capabilities, comfort with ambiguity & imperfect information
  • Passion for investing and the equity markets
  • Hard-working, can-do attitude with a desire to learn and excel
  • Proven ability to work well on teams with flexibility to put in long hours when needed

Who We Are

Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide.

At Cowen, inclusion and diversity are catalysts for success and innovation in everything we do. We pride ourselves on our empathetic and collaborative culture, where the power of diversity is harnessed to transform the status quo. Our focus on inclusion expands our thinking in order to generate better outcomes for clients, while striving to increase fairness and equity for our colleagues. Cowen’s vision of creating a more inclusive and equitable future is supported by our core values and is essential to our ability to outperform.

Learn more: https://www.cowen.com/ and https://www.linkedin.com/company/cowen-inc/

Our Values

Vision - We consistently deliver differentiated and disruptive insights that help our clients outperform

Empathy -We proactively consider and account for the priorities and concerns of our colleagues and clients

Sustainability - We endeavor to produce ideas and solutions that are ethically grounded and aim to pass the test of time

Tenacious Teamwork - We elevate collaboration to new levels, empowering our ability to provide the best solutions for our clients.


Protect Yourself from Recruitment Fraud. Recruitment fraud can be attempted through fake job postings, fake websites (posing as a Company) or unauthorized individuals impersonating recruiters (even using employee names). Depending on the role, Cowen will ask candidates to complete 2-4 interviews with Cowen employees before receiving an offer for employment. All communication regarding the interview process will come from an @cowen.com or @greenhouse.io email address. At no time throughout the hiring process will a Cowen recruiter or Human Resource Professional request any type of payment in order to be considered for the role. In addition, candidates will not be asked to submit personal information as a pre-requisite for the interview process.