Equity Research Associate- SMID Biotech
About the role
Wolfe Research is seeking an Equity Research Associate, SMID Biotech to join its team in NYC. Wolfe Research was voted #6 on a weighted basis for equity research during 2025 by institutional clients in the prestigious Extel’s All American Research Poll, trailing only significantly larger bulge bracket firms, who have historically not been viewed as our peers. The firm’s clients include most of the world’s largest asset managers (mutual funds, pension funds, hedge funds). Our firm covers publicly traded companies in many different industries across the US and abroad – the main focus is quality research, but we also do investment banking.
Responsibilities
- Analyze drug development and clinical trial design/data analysis
- Conduct deep analysis of scientific literature to inform investment theses and analysis of therapeutic areas in immunology, cardiovascular and genetic diseases
- Apply financial concepts including: 3-statement financial modeling, forecasting, and valuation techniques
- Source and process information independently using large data sets in Excel/Access
- Generate investment ideas and communicate effectively in a time-sensitive environment
- Balance multiple priorities and meet deadlines
- Maintain strong organizational skills and client service orientation
- Write concise, grammatically correct research
- Follow the stock market and develop industry themes
Requirements
- Strong familiarity with the biotech sector, gained through:
- Financial roles on the buyside or sell-side in healthcare/therapeutics
- Biotech industry experience in business functions such as sales & marketing, business development, portfolio assessment, R&D, or medical affairs
- Consulting for biotech companies
- Clinical research in immunology, cardiovascular, or genetic diseases
- Technical skills: Bloomberg and/or FactSet; Excel (macros, pivot tables, conditional formatting, shortcuts)
- Comfortable working 10+ hour workdays and occasional weekends
- Series 7, 63, 86 & 87 licensure preferred, or expected to be completed within the first 6 months
- BA/BS required with a concentration in a scientific area relevant to the job
- Minimum 3.5 GPA
Qualifications
- MBA, CPA, PharmD or PhD in a scientific area relevant to the job is a plus
Benefits
- Medical, dental and vision coverage
- Life, accident and disability insurance
- Paid time off packages including vacation, sick days/leave, paid holidays and paid parental leave
Pay
Base salary range: $95,000–$130,000, determined by skill set, job-related experience, and location. Annual discretionary incentive bonus offered.