Equity Research Associate

The Associate will report to the Senior Analyst and will be responsible for assisting in all aspects of the franchise including modeling, note writing, and helping to create differentiated research analyses. As they develop, responsibilities will expand to include communicating with clients and sales/traders, as well as participating in the creative process. The role requires accuracy, attention to detail, and a great deal of critical thinking. Strong writing, modeling, Excel, and PowerPoint skills required. The candidate should have good familiarity with the biopharmaceutical sector. This experience could come from: (1) working in a similar financial role already, either on the "buyside" or "sell-side" in the healthcare/therapeutics space; (2) working in the biopharmaceutical industry (ideally in a business function such as sales & marketing, business development, portfolio assessment, R&D and medical affairs); or (3) working at a consulting firm where clients are biopharmaceutical companies. Responsibilities Demonstrated ability to generate ideas: work closely and communicate effectively in a time sensitive environment, ability to balance multiple priorities and meet deadlines, strong organizational skills, client service minded and strong writing skills. They will draft reports/notes on relevant investment themes, events, and breaking news Creative thinker with strong problem-solving skills: working with large data sets in Excel/Access, and ability to source and process information independently Strong communication skills: particularly an ability to write efficiently and concisely using correct grammar. Should be comfortable communicating with company management, internal sales and institutional investors Technical skills: Bloomberg and/or FactSet skills helpful, advanced Excel (macros, pivot tables, conditional formatting, short cuts), and statistics (regression, variance, covariance, and correlations) Use mastery of Excel functions: shortcuts, developing complex logic formulas, mastery of reference formulas, ability to integrate graphics/data tables, formatting, and basic programming Good familiarity with financial concepts including: the basics of corporate finance such as 3-statement financial modeling; forecasting; and valuation techniques Comfortable working 10+ hour workdays and some work on occasional weekends Requirements: Bachelors Degree required, advanced degree preferred (PhD/PharmD) 0-3 years of experience in a biopharmaceutical sector, as described above. If a candidate has 0 years experience, must have a life science degree in an area relevant to the job Ability to understand scientific/medical publications and translate into research reports Candidate should know how to build and update financial and valuation models for Biotech companies covered Series 7, 63, 86 & 87 licensure is preferred, or expected to be completed within the first 6 months of joining Demonstrated academic ability with a minimum 3.5 GPA MBA or CPA is a plus, but not required