Equity Research, Associate / Vice President – Industrials, Materials & Resources

Equity Research, Associate / Vice President – Industrials, Materials & Resources (Singapore)

Our top-ranked Equity Research team produces alpha-generating, high-conviction insights that drive investment debates across global markets. We are known for best-in-class coverage across key sectors including Industrials, Materials, Energy, and Natural Resources, complemented by strong thematic and macro perspectives.

We are seeking an Associate / Vice President to support research coverage of Singapore Exchange (SGX)-listed companies, with a primary focus on Industrials, Materials, and Natural Resources sectors. 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

Research & Analysis

• Conduct in-depth research on SGX-listed companies within Industrials, Materials, and Resources sectors
• Develop sector insights, including analysis of commodity cycles, supply chains, and macroeconomic trends impacting coverage
• Assist in producing earnings previews/reviews, initiation reports, thematic deep-dives, and sector notes
• Maintain a strong understanding of regional dynamics, ASEAN trade flows, and cross-border listings on SGX

Financial Modelling & Valuation

• Build, maintain, and enhance detailed financial models for covered companies
• Perform valuation analysis (DCF, comparables, sum-of-the-parts, NAV where relevant)
• Maintain relative value frameworks and sector comp sheets

Client & Stakeholder Engagement

• Support responses to institutional client inquiries (internal and external)
• Participate in client meetings, roadshows, conferences, and investor calls
• Assist with organization of management meetings, site visits, and field trips

Communication & Publication

• Contribute to high-quality written research outputs with clear investment theses and actionable recommendations
• Collaborate closely with analysts, sales, and trading teams to deliver differentiated insights
• Translate complex financial and industry data into clear, concise investment narratives

Risk & Compliance

• Demonstrate strong awareness of compliance, regulatory, and reputational considerations
• Adhere to all internal policies, safeguarding standards, and ethical guidelines
• Escalate risks and ensure transparency in business practices

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field (CFA progress or charterholder preferred).
• 3–8 years of relevant experience in equity research, investment banking, asset management, or related roles.
• Strong understanding of SGX-listed companies and Singapore capital markets, with sector experience in Industrials, Materials, or Resources preferred.
• Advanced financial modelling, accounting, and valuation skills.
• Proficiency in Excel, PowerPoint, Bloomberg, FactSet (or similar platforms).
• Excellent written and verbal communication skills, with the ability to distill complex information into clear insights.
• Highly organized, detail-oriented, and capable of managing multiple deliverables under tight deadlines.
• Strong work ethic, intellectual curiosity, and collaborative mindset.
• Fluency in English required; Mandarin is a plus given regional corporate and client interaction.

#LI-AS1

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.