Equity Research Associate, Healthcare

About the Role

We are seeking a driven Equity Research Associate to join our award-winning team of sell-side equity researchers covering the healthcare sector. This role offers the opportunity to work at the intersection of science and finance, with exposure to oncology, rare-disease, and platform-technology innovation.

Key Responsibilities

• Conduct regular scientific and market due diligence on covered companies, including channel checks.
• Interpret scientific publications and medical conference presentations to inform investment theses.
• Conduct surveys with key medical opinion leaders to validate clinical and commercial assumptions.
• Support coverage spanning oncology, rare-disease, and technology-platform companies and their therapeutic assets.
• Build, update, and maintain detailed financial models and company databases.
• Conduct regular financial and market due diligence on covered companies.
• Collect and analyze industry data and develop proprietary sector databases.
• Assist with the timely preparation and publication of research notes and reports.
• Interact with corporate management and the internal sales force.
• Provide general support to the broader equity research team, including company research, industry due diligence, and special projects.
• Perform other tasks and duties as required and assigned.

Requirements & Tech Stack

• Advanced degree in life sciences (MD, PhD) preferred.
• Bachelor’s degree from an accredited university required.
• Active FINRA Licenses including SIE, Series 86 & 87 preferred; will be required to obtain them within 120 days of start date if not currently active.
• Superb quantitative and analytical skills.
• Exceptionally strong verbal and written communication skills.
• Ability to maintain a high degree of accuracy in a fast-paced, deadline-driven environment.
• Ability to work independently and within a team, prioritizing daily workflow with little direction.
• Advanced Excel skills essential.
• Experience building financial models a plus.
• Strong work ethic and a great attitude.

What Wedbush Offers

• Work directly alongside an award-winning sell-side research team with deep relationships across the healthcare landscape.
• Gain unmatched exposure to cutting-edge science, from novel oncology mechanisms to rare-disease breakthroughs and next-generation therapeutic platforms.
• Build a highly transferable, elite skill set in financial modeling, scientific due diligence, and institutional communication.
• Comprehensive medical, dental, and vision coverage.
• Health Savings Account (HSA) with company-sponsored contributions.
• Flexible Spending Accounts (FSA).
• Pre-Tax Commuter Benefits.
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions.
• Tuition reimbursement ($5,250 max per year).
• Paid Vacation, Sick Time, Holidays, Volunteer Time Off.
• Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
• FINRA and Professional License Sponsorship.
• Charitable Donation Matching Contributions.
• Travel & Employee Assistance and Employee Discount Programs.
• Discretionary compensation based on the colleague's and the firm's performance.
• Compensation range: $100,000-$150,000 depending on experience.