Equity Research Associate- Life Science & Diagnostic Tools

Posted:
11/14/2024, 4:00:00 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Finance & Banking

Job Description:

The Life Sciences & Diagnostic Tools Equity Research team currently covers ~40 listed companies spanning the life sciences tools (analytical and laboratory instruments), diagnostics, biopharma services (contract research and contract manufacturing), and animal health sectors, with a combined market capitalization of ~$900 billion.

The candidate for this position should be intellectually curious and have a deep desire to learn. Although neither a science nor a diagnostics industry background is absolutely required, it is a plus, as it shortens the learning curve and facilitates communication with companies and clients. The candidate should also have experience with financial modeling and quantitative analysis, as well as strong verbal communication and writing skills.

  • The ideal candidate possesses a life sciences, diagnostics, or biopharma services industry background and experience with company modeling as well as passion to follow the stock market. They will work alongside Senior Analysts and Associates in all aspects of the research process, from idea generation to modeling, including but not limiting to the following:
  • Write industry and company reports
  • Develop doctor/patient/research lab/diagnostic surveys and conduct interviews to understand new product/technology potential, market dynamics, and current and future product demand
  • Build financial models to quantitatively analyze company valuations
  • Demonstrate industry knowledge (such as diagnostic regulatory pathways and reimbursement, genomics and proteomics workflows, biologic drug and vaccine production, technology enabled drug development)
  • Build relationships with contacts at covered companies
  • Seek out new, value-added and/or unusual sources of information
  • Monitor news flow and highlight stock-impacting updates
  • Interact regularly with sales, trading and external clients

Qualifications:

  • Bachelor’s Degree or equivalent years of experience (Advanced degree in a scientific discipline or industry expertise is a plus)
  • Ideal candidate would have minimum 2-4 years of experience (preferably in healthcare) in equity research, buy side experience or investment banking experience
  • Strong writing and financial modeling skills
  • Must enjoy following the stock market and doing desktop and field research
  • Academic background in a science field (e.g., molecular biology, genomics, cell biology, immunology, biochemistry) and should have basic understanding of economics, macroeconomic factors, and government policy
  • Must have excellent communications skills (written and verbal)
  • Must have very strong attention to detail, ability to multi-task
  • Must work well in a collaborative team environment
  • Must be a team player and view team’s success as a reflection of individual success

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.