Investment Banking Analyst - Royalty Monetization Advisory (Experienced/Lateral)

William Blair•New York, NY

13d

About The Position

The Investment Banking Analyst on the Royalty Monetization Advisory team performs in-depth analysis to support business development, transaction execution, and royalty advisory services for corporations and academic research centers that receive royalties from licensed technologies. The role focuses on valuation and structural analysis using methods from both equity and debt underwriting. The Analyst conducts research and financial modeling, prepares transaction and business-development materials, applies valuation methods, and performs due diligence under the direction of the Royalty Monetization team lead. The role works closely with client staff to gather information, explain financial modeling methodology, and present analysis results. The Analyst develops royalty-specific expertise with guidance and training from senior team members and trains and mentors interns and less-experienced Analysts. Approximately 5% travel is required.

Requirements

Bachelor’s degree required.
Prior experience in investment banking, private credit, or strategy consulting required; 2+ years of relevant experience as an Analyst, Consultant, or equivalent is strongly preferred.
Strong analytical and financial modeling skills; prior royalty advisory experience is not required.
Strong valuation skills and a creative approach to financial structuring and Excel model development.
Proven track record in university studies.
For U.S. employees, acquire the SIE Exam, Series 79, and Series 63 within 150 days of employment.
Detail-oriented, with strong analytical abilities and demonstrated proficiency in financial modeling and valuation.
Excellent mathematical, writing, verbal, and computer skills.
Ability to adapt to new tasks with little notice and work on multiple projects simultaneously.
Strong desire to win and developing increasingly sound judgment.
Thorough understanding of accounting and finance.
Commitment to satisfying internal and external customers.
Ability to travel approximately 5%.

Nice To Haves

Biopharma sector experience is helpful but not required; willingness to develop sector knowledge is essential.

Responsibilities

Perform extensive financial and valuation analyses for royalty transactions and develop varied analytical approaches once the fundamental approach is established.
Build financial models to value biopharma assets and royalty cash flows; apply primarily discounted cash flow valuation and conduct scenario and sensitivity analyses.
Synthesize complex financial modeling outcomes into clear presentations.
Conduct due diligence, research, analysis, and documentation for potential and active transactions; identify potential deal issues and escalate concerns appropriately.
Draft management presentations highlighting financial analysis and research results.
Assist with developing, producing, and delivering proposals and presentations to clients and prospects.
Draft marketing materials emphasizing William Blair and its investment banking methods and approach.
Participate in client meetings and drafting sessions.
Research industries or sectors identified by senior bankers to target clients or industries; evaluate and improve BIC content and leverage learnings across deals.
Identify opportunities to streamline processes and propose more efficient solutions.
Support client relationship development by understanding client needs and challenges, providing professional and responsive service, and anticipating information needs.
Develop an understanding of macro factors affecting client industries, investment banking products, and potential implications.
Mentor summer interns and teach subsequent analyst classes, sharing best practices.
Ensure activities comply with applicable rules, regulations, policies, and procedures.
Perform additional responsibilities as requested.