Associate

About the Role

The SMid/ Large Cap Biotechnology Equity Research team covers companies spanning three main disease areas: oncology, central nervous system disorders, and rare diseases. The lead analyst is top three ranked in the Institutional Investor vote for the smid biotech category. In 2021, the team worked on several priced IPOs and add-ons and is currently vetting several additional transactions. The candidate for this position should be intellectually curious and have a deep desire to learn. Open to recent PhD graduates.

Key Responsibilities

• Write industry and company reports and company launch initiations
• Develop doctor/patient surveys and conduct doctor interviews to understand market dynamics, demand, and future projections
• Build financial models to quantitatively analyze company valuations
• Demonstrate industry knowledge (such as regulatory, pricing) from early-stage study to market approval
• Build relationships and facilitate information flow with contacts at covered companies
• Seek out new, value-added, and/or unusual sources of information
• Monitor news flow and highlight stock-impacting updates when the Senior Analyst is traveling
• Interact regularly with sales, trading, and external clients and, if performance on the team is strong enough, take on coverage of individual names over time

This position requires being in the office 4 days per week.

Requirements & Tech Stack

• Financial modeling
• Writing skills
• Desktop research
• Field research
• Life science academic background
• Understanding of economics, macroeconomic factors, and policy
• Excellent communication skills (written and verbal)
• Strong attention to detail
• Ability to multi-task
• Collaborative team environment

Qualifications

• Bachelor’s Degree or equivalent years of experience
• Advanced degree in a life science discipline is a plus
• 1-4 years of experience in biotech equity research, buy-side experience, or investment banking experience
• Must enjoy following the stock market
• Must have a strong desire to be a team player and view the team’s success as a reflection of individual success