Associate, Investment Banking

About Moelis

Moelis & Company is a leading global independent investment bank providing strategic advice and solutions. The Firm assists clients with mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, secondary transactions, primary fundraising, and other corporate finance matters. Moelis operates globally.

The Opportunity

Moelis is seeking an experienced Associate to join their Pharma Services & MedTech team in New York. This role involves being a core member of transaction teams, handling financial analysis and execution, and assisting senior bankers with idea development and client engagement. The role focuses on M&A, financing, and strategic advisory for outsourced pharmaceutical services, medical devices and equipment, and related healthcare businesses.

Key Responsibilities

• Build and review financial and valuation models, including operating forecasts, discounted cash flow, comparable company and precedent transaction analyses, and transaction scenarios.
• Assess commercial drivers of pharma services and MedTech businesses, such as market positioning, customer relationships, product/service offerings, and growth opportunities, translating findings into forecasts and valuation conclusions.
• Prepare client presentations, marketing materials, and transaction analyses to communicate sector dynamics, company positioning, and strategic alternatives.
• Support M&A, financing, and strategic advisory execution, including due diligence, data gathering, process coordination, documentation, and communication with clients and external advisors.
• Research pharma services and MedTech markets, participants, transaction activity, and investor priorities to generate actionable origination ideas.
• Ensure accuracy and timeliness of analytical workstreams; direct, review, and develop Analysts, while coordinating with senior bankers and other teams.
• Build relationships with management teams, financial sponsors, and other industry participants through thoughtful analysis and responsive execution.

Requirements & Tech Stack

• Strong financial modeling, accounting, and valuation skills.
• Advanced proficiency in Excel and PowerPoint.
• Experience managing multiple workstreams, reviewing analytical output, and guiding junior team members.
• Clear written and verbal communication skills, with the ability to present analysis effectively.
• Strong attention to detail, sound judgment, and intellectual curiosity.
• Ability to prioritize competing workstreams and deliver accurate work within tight deadlines.

Qualifications

• Undergraduate degree required; a focus in finance, business, accounting, economics, mathematics, engineering, or a related discipline preferred.
• Experience in Investment Banking, including corporate finance and/or Mergers & Acquisitions, or equivalent experience.
• Exposure to pharma services, MedTech, or related healthcare businesses preferred.
• MBA or direct promotion from Analyst to Associate within investment banking preferred.

Expected Salary Range

• $175,000 - $225,000