Research Associate II - Biotechnology

Stifel•Boston, MA

7d•$110,000 - $175,000

About The Position

Under general supervision, the Research Associate II provides information, gathers data, conducts analysis and modeling, and offers organizational support to senior-level Research Analysts. The role builds on foundational Associate I skills and carries substantially greater writing and modeling responsibilities. The associate develops a solid understanding of the assigned biotechnology sector, can clearly state and defend the investment thesis for covered stocks, handles basic questions from institutional sales and clients, and begins representing associates in internal research presentations. The position conducts proprietary research and due diligence on biotechnology companies using internal and external sources, develops written research products with modest direction from the senior-level Research Analyst, and builds and maintains financial models and valuations. Some local, regional, or national travel by car and/or air may be required, up to 20%.

Requirements

Bachelor's degree.
2 to 4 years of relevant industry experience and/or proven experience at the Associate I level.
SIE, FINRA Series 86, and Series 87 expected to be obtained upon hire.
Proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.
Knowledge of economics, accounting, finance, securities analysis, financial markets, industry analysis, and financial data reporting.
Some education in relevant science fields, a background in biotechnology, or prior experience in drug development.
Inductive reasoning, critical thinking, judgment and decision-making, time management, and oral and written communication skills.

Responsibilities

Conduct proprietary research and due diligence on biotechnology companies using internal and external sources, assessing covered companies and their competitive landscapes.
Develop written research products with modest direction from the senior-level Research Analyst, including initiation-of-coverage reports, company news, and industry events.
Build and maintain Excel-based financial models, including income statements, balance sheets, and cash flow statements, and perform multiple valuation methodologies for covered companies.
Clearly state and defend the Analyst's investment thesis and outlook for each covered stock.
Respond to basic questions from institutional sales and clients about covered companies, industry trends, and data requests.
Meet special project demands of the senior-level Research Analyst.
Travel by car and/or air for local, regional, and/or national business purposes, up to 20%.
Begin representing associates in internal research presentations.