Equity Research Analyst/ Associate - Medical Technology & Devices

BofA SecuritiesNew York, NY
123d$70,000 - $175,000

About The Position

The Medtech team currently covers 35-listed companies across a broad range of industries and subsectors within the medical technology sector including cardiology, ophthalmology, orthopedics, diabetes, surgical robotics, general surgery, neurosurgery and several others. In addition to coverage of publicly traded companies, the team regularly vets a number of private device companies for potential IPOs. The candidate for the position should be intellectually curious and have a deep desire to learn. Although neither a basic science or direct medical background is required, it is very desirable as it shortens the learning curve and facilitates communication with companies and clients. Given the team's heavy vetting load and fast-paced nature of the medical device information cycle, the candidate should also have some experience with financial modeling and quantitative analysis, as well as strong verbal communication and writing skills. The ideal candidate possesses experience in Medtech sell-side research or healthcare investment banking with a medical degree or medical or industry background. Medical areas of experience that are most valuable would be cardiovascular interventional medicine and diabetes.

Requirements

  • Bachelor's Degree or equivalent years of experience
  • Min 2 years of experience in research, banking or buy/sell side experience focusing in the Medtech/healthcare space
  • Experience in cardiovascular interventional medicine and diabetes
  • Experience with Bloomberg and/or Factset tools
  • Strong writing and spreadsheet skills
  • Expert at MS Word and MS Excel
  • Enjoy working in industry databases and websites, and doing desktop and field research
  • Basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
  • Strong modeling skills
  • Excellent communication skills, written and verbal
  • Strong attention to detail, ability to multi-task

Nice To Haves

  • Medical degree

Responsibilities

  • Perform complex financial modeling & valuation work
  • Write regular industry and company reports and company launch initiations from scratch
  • Develop databases integral to our research product
  • Demonstrate strong industry knowledge and business judgment
  • Work with Senior Analysts to develop key industry themes
  • Build relationships and facilitate information flow with contacts at covered companies
  • Participate and contribute to client meetings and events
  • Attend meetings and interact with key opinion leaders
  • Closely follow and understand market, industry and company specific activity, and relay to analyst when traveling
  • Seek out new, unusual sources of information
  • Leverage our robust network of industry contacts
  • Interact regularly with clients

Benefits

  • Industry-leading benefits
  • Access to paid time off
  • Resources and support to employees
  • Discretionary incentive eligible
  • Annual discretionary award based on performance

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Industry

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

Education Level

Bachelor's degree

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