Cadetship – Equity Research

Role overview

Join Macquarie Capital in Auckland to build practical experience in equities research while studying at university. This cadetship sits within the New Zealand Equities Research team at Macquarie Securities, a group with 21 years of experience in the New Zealand share market. The role is designed as a part-time, fixed-term opportunity of up to 12 months, starting in March 2026, and intended to run alongside your studies.

Macquarie is a global financial services organisation active in 30 markets and backed by 57 years of continuous profitability. The company positions itself as a place where people are supported to develop a meaningful career and make a positive impact.

What you will do

You will work closely with a small team of equity research analysts who produce insights on NZ industries and listed companies. During semester time, the role offers up to 20 hours per week, with flexibility to fit around university commitments.

Day-to-day work includes assisting Senior Analysts with research tasks such as gathering data, analysing information, building financial models, drafting reports, and responding to client requests. You will also help manage internal and client-facing Excel databases, pull and format data from Bloomberg and other third-party sources, review CRM and readership metrics, and prepare weekly internal calendars covering NZX company announcements as well as major economic and regulatory updates.

You will be based alongside experienced colleagues who will support your learning as you grow into the role and develop new capabilities.

Candidate profile

Applications are open to students from any degree background who are in their second-to-last year of study, meaning they are due to complete their studies in 2027. No previous finance experience is necessary. The key requirement is a genuine interest in learning how companies, sectors, and markets work.

Eligibility

To be considered, you must be an Australian citizen, a New Zealand citizen, or a New Zealand permanent resident.

About Macquarie Capital

Macquarie Capital works with businesses, startups, and governments to connect ideas with funding and support innovation, growth, and practical impact. Its advisory, investing, development, and equities capabilities are supported by a broad range of capital markets solutions and sector expertise across infrastructure and real assets, technology, software and services, and resources, energy and materials.

Diversity, equity and inclusion

Macquarie states that it is committed to a diverse, equitable, and inclusive workplace and encourages people from all backgrounds and identities to apply. This includes people of different races, ethnicities, cultural identities, nationalities, genders, ages, sexual orientations, relationship or family statuses, caregiving backgrounds, experiences of violence, neurodiversity, religions or beliefs, disabilities, and socio-economic backgrounds.

The organisation also says it aims to provide reasonable adjustments for candidates who need support during recruitment or in working arrangements. If additional assistance is required, applicants are asked to indicate this during the application process.