Research Associate, US Pharmaceuticals

Royal Bank of Canada • New York, NY

2d • $100,000 - $160,000 • Onsite

About The Position

What is the Opportunity? Research Associate responsible for fundamental analysis of companies in the US Pharmaceutical sector. What will you do? Provide research support to the Senior Analyst Develop an expertise in the US Pharmaceutical sector and covered companies Assist in the development of detailed company-specific models as well as macro/market models Coordinate, generate and maintain research reports, presentations and databases Support and answer client queries as they relate to the sector & coverage Establish and maintain relationships with coverage companies, investors and internal colleagues within RBC Capital Markets 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 What do you need to succeed? Basic Qualifications Undergraduate degree or similar qualification with a focus on Business, Finance, Mathematics or other quantitative fields NYSE Licensing Requirements – Series 7, 63, 86 & 87, SIE Other Qualifications: Advanced degree in life sciences/therapeutics is an asset Prior work experience in capital markets, equity research, or investment banking; Previous exposure to the Pharmaceutical sector a plus Understanding of accounting and financial modeling concepts/techniques Excellent writing and communication skills 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 Solid understanding of financial/stock market AUTHORITIES, IMPACT, RISK Regular interaction with clients Supporting Senior Analyst KEY RELATIONSHIPS Internal clients including sales and trading External clients as required WORKING CONDITIONS The work environment is based on a office/trading floor, thus little physical effort is required The office environment can be a high stress environment that requires quick turnaround and decision making What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Opportunities to building close relationships with clients The good-faith expected salary range for the above position is $100,000 - $160,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value

Requirements

• Undergraduate degree or similar qualification with a focus on Business, Finance, Mathematics or other quantitative fields
• NYSE Licensing Requirements – Series 7, 63, 86 & 87, SIE
• Understanding of accounting and financial modeling concepts/techniques
• Excellent writing and communication skills
• 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
• Solid understanding of financial/stock market

Nice To Haves

• Advanced degree in life sciences/therapeutics is an asset
• Prior work experience in capital markets, equity research, or investment banking
• Previous exposure to the Pharmaceutical sector a plus

Responsibilities

• Provide research support to the Senior Analyst
• Develop an expertise in the US Pharmaceutical sector and covered companies
• Assist in the development of detailed company-specific models as well as macro/market models
• Coordinate, generate and maintain research reports, presentations and databases
• Support and answer client queries as they relate to the sector & coverage
• Establish and maintain relationships with coverage companies, investors and internal colleagues within RBC Capital Markets
• 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

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees