Equity Research Analyst, Health Care

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. Associated Bank is seeking an experienced Equity Research Analyst to deliver differentiated investment research and actionable recommendations that support portfolio allocation decisions within the Health Care sector. In this role, you'll analyze companies and industries, develop investment theses, and collaborate closely with portfolio managers and analysts across the investment team. This is an opportunity to directly influence investment decisions while mentoring developing talent and shaping sector strategy. Location Ideally this position will sit in our Green Bay, WI or Minneapolis, MN office. Consideration will be given for Milwaukee or Chicago based candidates. Key Accountabilities Conduct in-depth fundamental equity research across assigned sectors and securities to identify investment opportunities and risks. Build and maintain detailed financial models, including forecasts for earnings, cash flow, and valuation metrics. Generate actionable buy, hold, and sell recommendations supported by clear investment theses and market analysis. Monitor earnings reports, industry developments, company news, and market trends to provide timely insights to portfolio managers. Manage a sector model portfolio and communicate portfolio strategy, positioning, and rationale to investment teams. Lead new investment idea generation and identify emerging opportunities within assigned sectors. Partner with portfolio managers and analysts to contribute to broader investment strategy and decision‑making. Mentor and support associate analysts by reviewing research, providing feedback, and guiding professional development. Education & Experience Required Bachelor's degree in Finance, Economics, or a related field 7+ years of fundamental equity research experience within the investment management industry Strong financial modeling, valuation, and analytical skills Excellent written and verbal communication skills Ability to synthesize complex information into concise investment recommendations Preferred Master's degree in Finance, Economics, or a related field Experience covering the healthcare sector CFA designation or progress toward CFA certification Leadership or mentoring experience within an investment research environment Why You'll Love Working Here At Associated Bank, you'll work alongside experienced investment professionals in a collaborative and intellectually engaging environment where your insights directly influence client outcomes. We're committed to professional growth, continuous learning, and providing opportunities to expand your market expertise and leadership capabilities. If you're ready to make an impact through meaningful investment research and strategic decision‑making, apply today. Benefits Retirement savings including both 401(k) and Pension plans. Paid time off to volunteer in your community. Opportunities to connect with others through our diversity‑focused Colleague Resource Groups. Competitive salaries with professional development and advancement opportunities. Bonus benefits including well‑being programs and incentives, parental leave, an employee stock purchase plan, military benefits and more. Personal banking, loan, investment and insurance benefits. Equal Employment Opportunity & Compliance Statement Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Pay Information Pay range: $126,840.00 - $217,440.00 per year. #J-18808-Ljbffr Associated Bank - Corp