Equity Research – Associate, Biopharma (New York)

Morgan Stanley • New York, NY

3d • $150,000 - $200,000

About The Position

Morgan Stanley Investment Research seeks an experienced Associate or VP-level team member to join its Pharma and Biotech team in New York. The Equity Research department analyzes macroeconomic and microeconomic conditions and company fundamentals, collects and analyzes financial information, and makes investment recommendations on stocks in specific sectors. Analysts build financial models, examine industries, communicate with companies and investors, and discuss analysis and recommendations in research notes. The role calls for a commitment to excellence, a passion for the markets, and the highest level of integrity.

Requirements

• 1 to 5 years of professional experience in Research, Finance, Accounting, and/or the Healthcare/Biopharma industry.
• Advanced Excel proficiency and experience building and maintaining financial models.
• Professional writing experience, such as preparing 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 and within a 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 writing research reports for coverage initiations, data analysis, earnings results, and industry news.
• Use available resources to develop differentiated content for company-specific and industry research reports.
• Interact with institutional investors and respond to requests for models, reports, and data analysis.
• Monitor industry-related news and assess the implications of news and industry developments for companies under coverage.
• Develop and maintain relationships with investor relations personnel and management at 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.
• Potential commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages, depending on the position.

What This Job Offers

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