Equity Research – Associate, Biopharma (New York)

Morgan Stanley • New York, NY

1d

About The Position

Morgan Stanley Investment Research seeks an experienced Associate or VP-level team member for its Pharma and Biotech team. The Equity Research department researches macroeconomic and microeconomic conditions and company fundamentals, analyzes financial information, and makes investment recommendations on stocks in specific sectors. Analysts build financial models, examine industries, communicate with companies and investors, and share analyses and recommendations through research notes.

The role involves creating and maintaining earnings, valuation, and industry models; supporting research reports and analysis; assessing company and industry developments; and engaging with institutional investors, company management, and internal sales and trading teams. The position requires a commitment to research excellence, strong analytical and communication skills, attention to detail, and the ability to work collaboratively under pressure.

Requirements

• 1 to 5 years of professional experience in Research, Finance, Accounting, and/or the Healthcare/Biopharma industry.
• Advanced Excel proficiency and experience building or maintaining financial models.
• Professional writing experience, such as crafting equity research notes or correspondence, or presenting or developing industry reports.
• Strong PowerPoint and data visualization skills.
• Adaptability and the ability to work well under pressure within a broader team environment.
• Strong attention to detail.

Nice To Haves

• An advanced degree in life sciences (MD or PhD), an MBA, CPA, or CFA.

Responsibilities

• Create and maintain earnings, valuation, and industry models using accounting, finance, and economics skills.
• Assist with research reports covering initiations of coverage, data analysis, earnings results, and industry news.
• Use available resources to develop differentiated company-specific or industry research content.
• Interact with institutional investors and respond to requests for models, reports, and data analysis.
• Monitor industry-related news and analyze the implications of news and developments for companies under coverage.
• Develop and maintain relationships with investor relations personnel and management of companies under coverage.
• Conduct industry diligence and primary research through surveys, expert conference calls, and channel checks to evaluate industry trends.
• Assist internal sales and trading teams with timely analysis of breaking sector news.

Benefits

• Comprehensive employee benefits and perks for employees and their families.
• Potential commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages, depending on the position.
• Opportunity to move within the business for employees who demonstrate passion and grit.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed