Research Associate, Biotechnology

Royal Bank of Canada•New York, NY

11d•$100,000 - $160,000•Onsite

About The Position

Research Associate responsible for fundamental analysis of companies in the Biotechnology sector. The incumbent is in the process of developing core Research Associate skills. This role involves regular interaction with clients and supporting a Senior Analyst. Key relationships include internal clients such as sales and trading, and external clients as required.

Requirements

PhD, MD, or similar advanced degree in life sciences field relevant to therapeutics
FINRA Licensing Requirements – Series 7, 63, 86 & 87, SIE
1-2 years of work experience in a non-academic setting such as biopharma industry/drug development, life sciences consulting, or investment banking is a plus
Familiarity with accounting and financial modeling
Previous exposure to the biopharmaceuticals sector
Efficient writing capabilities
Strong computer skills (Excel) with ability to quickly learn new platforms
Detail oriented with solid analytical skills and ability to synthesize data points into trends beyond the mainstream
Energetic, self-motivated and an ability to perform under pressure and meet time sensitive deadlines, sometimes for extended periods of time
Demonstrated passion for equity/financial markets
Good understanding of financial/stock market

Nice To Haves

Prior sell-side equity research experience in biotechnology, pharma, or specialty pharmaceuticals is a plus
Knowledge of Wolters Kluwer software and IMS are a plus

Responsibilities

Develop an expertise in the Biotechnology sector
Assist in the development and detailed modeling of company specific financial models
Coordinate, generate and maintain research reports, presentations and databases
Provide research support to analyst as required
Support and answer client queries as they relate to the sector
Proactively identify operational risks/ control deficiencies in the business
Review and comply with Firm Policies applicable to your business activities
Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.