Associate - Equity Research, SMid/ Large Cap Biotech
About The Position
The SMid/ Large Cap Biotechnology Equity Research team covers companies spanning three main disease areas of 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. The ideal candidate possesses a life science background and experience with financial modeling in either sell-side research or healthcare investment banking. He or she will work alongside the Senior Analyst and Associates in all aspects of the research process, from idea generation to modeling, including but not limited to the following: Write industry and company reports and company launch initiations Develop doctor/patient surveys and conduct doctor interviews to understand market dynamics, demand and future projection 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 Have ability to 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 team is strong enough, take on coverage of individual names over time This position has a requirement of being in the office 4 days per week.
Requirements
- Bachelor’s Degree or equivalent years of experience
- 1-4 years of experience in biotech equity research, buy side experience or investment banking experience
- Strong writing and financial modeling skills is a must
- Must enjoy following the stock market and doing desktop and field research
- Academic background in a life science field and should understand economics, macroeconomic factors and policy
- Must have excellent communications skills, written and verbal
- Must have strong attention to detail, ability to multi-task
- Must work well in a collaborative team environment
- Must have strong desire to be a team player and view team’s success as a reflection of individual success
Nice To Haves
- Advanced degree in life science discipline is a plus
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 projection
- 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
- Have ability to 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 team is strong enough, take on coverage of individual names over time
Benefits
- Discretionary incentive eligible
- This role is eligible to participate in the annual discretionary plan.
- Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
- This role is currently benefits eligible.
- We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
- Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
