Department:
Research and Securities - Research
We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.
Department Overview
Founded in 2007, Zelman & Associates is the leading institutional research advisory and investment banking firm led by Ivy Zelman, dedicated exclusively to the U.S. housing industry. Zelman provides distinguished institutional research and investment banking capabilities with the highest levels of client service, trust, sophistication, and credibility unique to the housing, institutional research, and investment banking industries. Zelman is a majority-owned subsidiary of Walker & Dunlop.
The Impact You Will Have
Zelman & Associates is seeking an Equity Research Associate in its New York City office to work directly with senior executives of one of the leading housing-related research firms on Wall Street. The position will utilize the strength of both Walker & Dunlop and Zelman to provide insightful, thought-provoking research on the homebuilding industry.

Primary Responsibilities

• Support senior team members to initiate, develop and publish insightful company and industry research, including equity coverage of publicly-traded building product stocks
• Conduct extensive proprietary surveys; synthesize and interpret results
• Create and maintain detailed, sophisticated financial models and valuation analyses
• Prepare timely, comprehensive, thought-provoking equity research reports and presentations
• Interact with top industry executives and sophisticated institutional investors, including many of the world’s most renowned hedge funds, mutual funds and pension funds
• Perform other duties as assigned
• In addition to Excel and other Microsoft Office applications, you will be expected to learn to use new applications and technologies including, but not limited to, business information applications such as Sigma or Power BI, artificial intelligence-based tools and internally-developed Python or other scripts.
• Attendance is generally required in-office Monday through Friday.

Education and Experience

• Bachelor’s degree; preference for concentration in finance, economics, or accounting
• Work experience in finance preferred
• Familiarity with basic coding/programming concepts helpful but no coding experience is required.

Knowledge, Skills and Abilities

• Creativity and entrepreneurial spirit
• Outstanding analytical capabilities; organizational discipline; attention to detail
• Exceptional written and oral communication skills
• Highly competitive; self-starter; ambitious; team-oriented
• In-depth knowledge of financial statements; comfort with detailed modeling
• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes
• Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders

This position has an estimated base salary of $95,000 - $110,000 plus discretionary bonus. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data.

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What We Offer

• The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023
• Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
• Up to 83% subsidized medical payroll deductions
• Competitive dental and vision benefits
• 401(k) + match
• Pre-tax transit and commuting benefits

• A robust health and wellness program – earn cash rewards and gain access to resources that

  promote health, engagement, and balance

• Paid maternity and parental leave, as well as other family paid leave programs

• Company-paid life, short and long-term disability insurance
• Health Savings Account and Healthcare and Dependent Care Flexible Spending
• Career development opportunities
• Empowerment and encouragement to give back – volunteer hours and donation matching
• Eligibility may vary based on average number of hours worked

EEO Statement
We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.

• Support senior team members to initiate, develop and publish insightful company and industry research, including equity coverage of publicly-traded building product stocks
• Conduct extensive proprietary surveys; synthesize and interpret results
• Create and maintain detailed, sophisticated financial models and valuation analyses
• Prepare timely, comprehensive, thought-provoking equity research reports and presentations
• Interact with top industry executives and sophisticated institutional investors, including many of the world’s most renowned hedge funds, mutual funds and pension funds
• Perform other duties as assigned
• In addition to Excel and other Microsoft Office applications, you will be expected to learn to use new applications and technologies including, but not limited to, business information applications such as Sigma or Power BI, artificial intelligence-based tools and internally-developed Python or other scripts.
• Attendance is generally required in-office Monday through Friday