Equity Research Associate - Biotechnology

Jefferies Financial GroupSan Francisco, CA
Onsite

About The Position

This is an Equity Research Associate position supporting a senior biotechnology analyst at a top investment bank. The role focuses on covering mid- and small-cap biotech companies. The team is highly motivated to achieve top-ranking status in the biotech industry. The associate will be involved in conducting proprietary research, evaluating drug pipelines, writing research reports, building financial models, and interacting with various stakeholders.

Requirements

  • Motivated to rise in the sell-side industry in the long-term
  • Hard-working, attention to detail, team player
  • Sharp analytical skills in dissecting preclinical and clinical data
  • 1+ years of experience in healthcare investment research (sell side, buy side, investment banking, etc)
  • High proficiency in written/verbal communication
  • Can type >120 words per minute
  • Has experience writing quality sell side reports, producing powerpoints, and creating detailed financial models (e.g. functioning three-statement models, DCFs, market models, etc)

Nice To Haves

  • Deep understanding of, or experience with, drug development and the FDA-approval process for pharmacologic treatments is desirable
  • Experience building financial models using excel is a plus

Responsibilities

  • Conducting proprietary research and evaluating drug pipelines by analyzing scientific literature, attending medical conferences, and consulting industry experts
  • Writing research reports for initiations of coverage, deep dive data analyses, competitive landscaping, and industry/ company news
  • Delving into intellectual property and following patent litigation concerning pharmaceuticals
  • Building and maintaining financial models and powerpoint decks
  • Conceiving and executing on differentiated project ideas
  • Interfacing with company management teams, internal sales and trading personnel, and institutional investors
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