Research Associate, Financial Analyst

Overview

B. Riley Securities | Arlington, VA & New York, NY

Join a Top-Ranked Research Platform Where Your Impact Matters from Day One

For more than 25 years,

B. Riley Securities has built its reputation as a premier small- and mid-cap research boutique widely recognized across the Street for its exceptional stock-picking performance, which is the backbone of our firm. With approximately 400 companies under coverage and a fundamentals-driven approach, our research platform has earned recognition for generating alpha-producing ideas that institutional investors trust. We are seeking ambitious research associates that are ready to join our proven analyst development track and make an immediate impact at a leading middle-market investment bank.

The

B. Riley Securities Difference:
Industry-Leading Internal Promotion Track Record

• Clear path to analyst: Our track record speaks for itself—we promote from within.
• Rapid responsibility: Our team structure means you will have direct exposure to senior leadership and meaningful responsibilities from your first day.
• Mentorship that matters: Join small mentor-led groups to compete in monthly stock pitch competitions. Winners earn bonus compensation; consistent excellence is required for promotion to senior associate and mentor roles.

• C-suite access: Participate in management meetings, analyst days, earnings calls, and
  
  B. Riley Securities–led investor days.
• Client engagement: Interface directly with institutional investors, hedge funds, and portfolio managers.
• Published research: Co-author research reports and coverage initiations once licensed, where your contributions can move markets.

• Alpha generation focus: Our thematic and proprietary research focused on small- to mid-cap companies consistently identifies overlooked opportunities.
• Unique Discovery Group leadership: Our Discovery Group promotes a value-focused strategy that uncovers hidden gems in the small-cap universe.
• Full platform capabilities: B. Riley Securities provides services across investment banking, M&A advisory, and capital markets.

As a research associate, you will develop the analytical rigor and market instincts necessary to become a leading voice in equity research. Under direct supervision from senior analysts who will likely have risen through the ranks at

B. Riley Securities themselves, you will have the opportunity to master fundamental analysis, financial modeling, and investment thesis development.

Base salary range
: $80,000–$100,000, depending on experience

Location
:
Arlington, VA or New York, NY (preferred)

• Identify actionable investment opportunities through fundamental research and channel checks.
• Develop differentiated investment theses with clear catalysts and risk/reward frameworks.
• Monitor coverage universe for inflection points and communicate timely calls to team.
• Present stock ideas in monthly associate program competitions with conviction and supporting analysis.
• Conduct deep-dive industry research and primary research initiatives.
• Build and maintain complex financial models, including DCF, comparable analysis, and sector-specific frameworks.
• Demonstrate mastery of accounting fundamentals and financial statement analysis.
• Construct accurate forecasts and sensitivity analyses to support investment recommendations.
• Identify key debate points and valuation disconnects in coverage universe.
• Draft institutional-quality research reports requiring minimal editing before publication.
• Communicate actionable ideas on morning/midday calls when appropriate.
• Execute information requests from sales force and institutional clients.
• Support corporate access initiatives connecting investors with management teams.
• Participate in earnings calls, investor meetings, and management presentations.
• Build relationships with company management teams and investor relations professionals.

• Participate in firm activities, committees, task forces, and recruiting efforts.
• Attend external industry-related events.
• Support corporate access…