Equity Research Associate - Biotech

Regular, full-time position. Fluency in English required. 1st shift.

About the role

Publish proprietary equity research in industries aligned to the firm's Banking sectors, demonstrating expertise in the sector.

Responsibilities

• Create and publish proprietary equity research content in designated industries with stock recommendations (Buy, Hold, Sell) for institutional buy-side clients.
• Conduct due diligence and provide industry expertise for capital markets equity transactions.
• Initiate C-suite corporate access resources for institutional equity clients, including non-deal roadshows, conferences, field trips, bus tours, and conference calls.
• Conduct independent industry assessments and produce company-specific research reports.
• Engage with corporate client relationships at the highest C-level (CEO, President, COO, CFO, Director of Strategy, etc).
• Work closely with senior analysts in the research production process and with supervisory analysts in the publication process.
• Conduct research at macro, industry, and individual company levels.
• Build models at the industry and company level, including market and market share forecasts, revenue, EPS, and cash flow forecasts.
• Perform financial and valuation analyses.
• Formulate investment ideas and write draft research commentary.
• Depending on experience, collaborate with Capital Markets, sales, and trading to leverage research products into the institutional client base.
• Depending on experience, maintain active dialogue with representatives of covered companies.
• Depending on experience, work closely with institutional buy-side clients to leverage research products.

Requirements

• BA/BS degree.
• Licenses Required: SIE and Series 7 Top Off (or Series 7 for those licensed prior to October 2019), Series 63, Series 87, and either Series 86 or a FINRA waiver for those who have completed CFA II.
• Minimum of 4 years of related work experience.
• Mastery of financial and accounting concepts to facilitate the creation of in-depth financial models.
• Advanced written and oral communication skills.
• Strong analytical and sales skills.
• Proven ability to work well in a fast-paced, team-oriented environment.

Preferred Qualifications

• Working towards CFA designation.
• 4+ years of related work experience.

Pay

Annual base salary for this position in New York is $160,000.

Benefits

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may vary. Benefits include:

• Medical, dental, and vision insurance.
• Life insurance and disability coverage.
• Accidental death and dismemberment insurance.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation (prorated based on date of hire and full-time/part-time status) during the first year of employment.
• 10 sick days (prorated).
• Paid holidays.
• Depending on position and division, may also include a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.