Equity Research Associate - Biotechnology

Jefferies•New York, NY

4d•$100,000 - $120,000•Onsite

About The Position

Jefferies is seeking an equity research associate to support a rising senior biotechnology analyst covering mid- and small-cap biotech companies. The team is highly motivated to become top-ranked in the biotech industry. This role involves conducting proprietary research, evaluating drug pipelines, writing research reports, delving into intellectual property, building financial models, and interfacing with various stakeholders.

Requirements

1-2+ years of experience in healthcare investment research required (sell side, buy side, investment banking, etc). Must be fully licensed.
Science background required; MD or PhD preferred
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
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