
J.P. Morgan staffs a large Global Research franchise on the sell side and a dedicated in-house equity research bench at Asset Management. Same firm, different jobs: sell-side writes and distributes ideas to clients; buy-side uses research to pick stocks for portfolios.
Sell-side equity research (CIB / Global Research)
Associates and analysts support a senior coverage analyst: models, filings, notes, sector pieces, client calls, and sales/trading coverage. Typical bar: 2–3 years ER or IB, strong modeling/valuation/writing, Series 86/87 in the U.S. Pay often ~$150k–$200k base in NY.
Current / recent postings:
- US Equity Research – Brokers, Asset Managers & Exchanges – Associate (New York). Industry expert work on earnings, models, valuation, notes; client and S&T coverage. 2–3 years ER/IB; Series 86/87.
- Equity Research – SMid Biotech – Associate (New York). Models, valuation, notes, client communication. Same license/experience bar.
- Equity Research – Specialty & Consumer Finance, Aerospace & Defense, Clean Energy, Metals & Mining, REITs, Medical Supplies & Devices, Business & Information Services – Associate (New York). Same associate template, different sector.
- EMEA Equity Research – Consumer Staples – Analyst or Associate (London). Models, results alerts, stock/thematic reports, client contact.
- Equity Research – Technology (Semiconductor) – Analyst/Associate (Tokyo). Support senior coverage; models; client requests. English + Japanese.
- Analyst — Emerging Companies (Equity Research) (Sydney). Small/mid and pre-IPO coverage; models, catalysts, fast news-driven notes.
- Other APAC analyst/associate seats (Hong Kong industrials, Jakarta/Bangkok financials support).
Research sales and equity sales
These seats sit next to research. Job is client coverage: push research and ideas, arrange access, help win flow. Not writing the notes.
Current / recent postings:
- International Equity Sales – Analyst (New York). Cover NA institutions investing in international stocks (focus Developed Europe); research, ECM, trading partners. SIE, 7, 63. ~$110k–$125k.
- Institutional Equity Sales – Associate / Analyst (New York, Chicago, San Francisco). Support senior sales; client coverage across long-only, HF, pensions; idea generation with research and trading. Series 7/63 preferred.
- Data & Analytic Sales – Front Office Solutions – Associate (New York). Sell research content and analytics (e.g. DataQuery) to buy-side. ~$135k–$150k.
- Equities – Electronic Execution Sales – Analyst/Associate (Hong Kong). Client onboarding, algo/electronic tools, growth with existing and new accounts.
- EMEA Equity Derivatives Group Sales – Analyst or Associate (Frankfurt). Institutional ED coverage, Germany/Austria.
Equity sales & trading
Fewer pure cash-equity trader posts in the public feed; more finance, electronic, and derivatives.
Current / recent postings:
- Global Equities – Equity Finance Sales Trading – Associate (London). Securities lending, financing, synthetics for HFs and institutions.
- Adjacent: electronic execution sales (above), equity derivatives / QIS sales (Hong Kong and EMEA), systematic/quant trading seats in Asia.
Buy-side: J.P. Morgan Asset Management equity research
Research feeds PMs and analyst funds. Associates support a senior analyst; VPs/MDs own coverage and recommendations. Sector experience is usually required and deeper than sell-side associate seats. NY bases often $150k–$224k Associate, higher at VP/MD.
Current / recent postings:
- Equity Research Analyst – Payments & Business Services – Associate (New York). Support senior analyst; ~30 names; models and industry work. 5+ years industry, 3+ covering the sector. $150k–$224k.
- Equity Research Associate – Semiconductors & Hardware – Associate (New York). Same structure, hardware/semis. $150k–$224k.
- Equity Research Associate – Insurance & Private Markets – Associate (New York). 5+ years; 3+ covering insurance/private markets. $150k–$224k.
- Equity Research Analyst – Utilities – Associate (New York). 3+ years ER/IB and utilities coverage.
- Value Advantage Equity Research Analyst – Vice President (New York). Independent fundamental work across sectors/caps for the Value team. 4+ years. $170k–$275k.
- US Equity Research Analyst, Software – Managing Director. Senior coverage seat. $250k–$500k range listed.
- Equity Research Analyst – Emerging Markets – Vice President (London). Financials (and related EM seats on consumer). Models, PM presentations, AI tools. Prior sector coverage preferred, ideally buy-side.
- Emerging Markets Research – Associate (London, consumer). Buy-side ER experience required.
- Quant seats: Equity Quantitative Researcher (Associate through ED) in disciplined/core equity; Python, ML/NLP, portfolio construction.
How the two sides differ. Sell-side associate = publish, cover clients, work with sales and trading. Buy-side associate/VP = feed PMs, own or support a book, less external marketing. Research sales is the bridge: product knowledge plus client franchise.
Leave a Reply