Analyst

Locust Walk•Boston, MA
•Hybrid

About The Position

Locust Walk is a global investment bank, and Banyan BioInnovations is an investment firm powered by Locust Walk that creates clinical-stage companies around promising drug candidates. The Analyst will help execute the firm’s investment banking engagements and Banyan Bio’s new-company opportunities. The role combines life sciences advisory, company creation, and clinical-stage investing, with responsibility across multiple client and company projects. Analysts receive ownership of their work and opportunities to present to the firm and clients. The position is described as partner track, with advancement possible without an MBA. For banking engagements, the Analyst supports strategic partnerships and M&A transactions, including identifying potential partners, coordinating outreach, preparing client and board updates, producing deal-marketing materials, conducting valuation and comparable-transaction analyses, and modeling transactions. For Banyan Bio, the Analyst contributes to the NewCo lifecycle by screening and diligencing clinical-stage assets, preparing management presentations and development plans, creating term sheets and valuation analyses, drafting investment memoranda, and supporting capital formation and syndication. The role also supports business development through maintaining proprietary databases, preparing pitch books and market analyses, and producing thought-leadership content. The role is based in Boston, Massachusetts, and requires U.S. citizenship or a Green Card. The company describes a hybrid schedule with three days per week in the office and two days working from home. It offers a collaborative, entrepreneurial, high-performance environment, mentorship, and a mindful work-life balance within the context of investment banking.

Requirements

  • Experience in life sciences consulting, investment banking, venture capital, or internal biotech business or corporate development is required.
  • At least an undergraduate science major is required.
  • 18 to 36 months of experience in a life science consulting firm or similar capacity is identified as ideal; applicants directly out of university are not considered.
  • Prior biopharma consulting, investment banking, equity research, venture capital, corporate development, or business development experience is required; applicants without such experience are not a fit.
  • Basic understanding of financial modeling.
  • Strong communication skills and comfort presenting to clients’ senior management and boards and speaking directly with physicians and other key opinion leaders.
  • Excellent written and oral presentation skills.
  • Demonstrated ability to work on a team, manage up, and prioritize complex tasks across multiple workstreams.
  • Competitive spirit balanced with the ability to work as part of a team.
  • Existing AI fluency, including Claude CoWork, and curiosity to keep learning as technology evolves.
  • Strong interest in life science transactions and a desire to execute deals.
  • Passion for life sciences and commitment to building a career in the field.
  • Must be a U.S. citizen or Green Card holder.
  • Must live the company’s values and fit its collaborative, entrepreneurial culture.

Nice To Haves

  • Relevant life sciences industry experience.
  • A track record of working directly or in a supportive role on life sciences strategic transactions, M&A, or financings.
  • Experience in life science strategy consulting, such as new-opportunity prioritization, partnering and M&A strategy, or commercial due diligence.
  • Interest in entrepreneurship and working with early-stage companies.
  • Experience working with small publicly traded or venture-backed companies.

Responsibilities

  • Execute and support the firm’s strategic partnership and M&A engagements and Banyan Bio NewCo opportunities.
  • Identify potential transaction partners and coordinate outreach for banking deals.
  • Prepare weekly client updates and board-update materials.
  • Produce deal-marketing materials, financial valuations, comparable-transaction analyses, and deal models.
  • Screen and diligence globally sourced clinical-stage assets for potential NewCo creation.
  • Prepare management presentations and development plans for prospective NewCos.
  • Create term sheets and valuation analyses for asset originators.
  • Draft investment memoranda and support capital formation and syndication to launch NewCos.
  • Maintain and update proprietary databases used for quarterly market-condition analysis.
  • Prepare pitch books for prospective clients, including target-partner and comparable-deal analyses.
  • Support thought leadership through bespoke analysis and content production.
  • Present work to the firm and clients and collaborate across multiple projects and workstreams.

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Competitive bonus based on individual and firm performance
  • Flexible vacation policy
  • 12 official company holidays
  • 401(k) match
  • Hybrid work schedule
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