Associate, Equity Research - Small & Midcap Biotechnology

About the role

Wells Fargo is seeking an Associate to join our Equity Research group covering Small & Midcap Biotechnology. Learn more about the career areas and lines of business at wellsfargojobs.com.

Primary responsibilities

• Conduct the fundamental equity research process for the purpose of providing differentiated industry and stock-specific content, including building and maintaining financial forecasts and stock recommendations for our institutional investor client base.
• Communicate research findings to both internal stakeholders and our institutional investor client base via consistent dialogue.
• Build strong relationships not only with Equity Research colleagues, but also with Equity Sales, Cash Trading, Derivatives, Wealth Management, and others.
• Demonstrate subject matter knowledge within the Small & Midcap Biotechnology sector and a strong understanding of the companies within the sector.
• Conduct rigorous analysis of financial statements and industry, company, and market data sets.
• Create and update financial models and databases.
• Author, with Senior Analyst, differentiated research content on companies and industry themes.
• Attend company and industry events; cultivate relationships with covered companies and industry contacts.
• Communicate research conclusions to internal and external constituents.
• Collaborate with research peers to support the generation of cross-sector research content.
• Show strong, clear, and concise written and oral communication skills.
• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.

Required qualifications

• 2+ years of Securities Research experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired qualifications

• A PhD in Biomedical Science.
• 2+ years of experience within the industry or equity research industry specific sector - Small & Midcap Biotechnology.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
• Ability to work effectively, as well as independently, in a team environment.
• Advanced Microsoft Excel skills, including high level of proficiency in modeling.
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
• Strong writing skills and attention to detail.
• Knowledge and understanding of financial statement analysis.
• Knowledge and understanding of accounting principles in the capital markets industry.
• Knowledge and understanding of investment tools such as Bloomberg or FactSet application.
• Strong, clear and concise written and oral communication skills.

Job Expectations

• Up to 10% travel.
• Registration for FINRA SIE must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 63 (or 66) must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 86 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 87 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire.
• Information will be shared about expectations during the recruitment process.

Posting Location

150 E 42nd Street, New York, NY 10017

Pay Range

New York City-Pay Range: $155,000 - $155,000

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement