Equity Research Associate - Cardiology, Pulmonary & Endocrine

About the role

• Reports to: Sr. Equity Research Analyst
• Department: Equity Research
• Location: New York

Salary Range: $110,000-$150,000

We are seeking a highly talented individual to add significant value to our equity research team. This individual will work directly with a Senior Managing Director to assist in preparing and executing analyses of specific areas within biotechnology, with a focus on commercial and clinical stage companies across a range of therapy areas: cardiology, pulmonary, endocrine, radiopharmaceuticals.

The ideal candidate will have an innovative mindset, relentless intellectual curiosity, passion for biotech innovation and the stock market, and be a steadfast team player in a fast-paced environment. Previous relevant work experience is preferred.

Primary Duties and Responsibilities

• Formulate investment recommendations based on fundamental analysis, valuation and risk assessment of individual companies
• Leverage scientific and financial mindset in writing research reports on companies for distribution to the Leerink sales force and institutional clients
• Collect and analyze data (i.e., scientific papers, clinical trial data) on novel therapeutics
• Interview company executives and medical/industry key opinion leaders, take detailed notes, and apply resulting insights to developing leading-edge research reports
• Build, update and maintain financial models to inform investment recommendations
• Keep up to date on all sector-relevant market news and medical meeting presentations
• Answer inquiries from firm personnel and external clients
• Support senior equity research professionals by attending events of special interest (i.e., medical conferences, company events, investor meetings)

Experience and Qualifications

• Qualified candidates must be hard-working self-starters with a passion for leveraging their medical/scientific background & financial modeling skills towards equity research
• Prior industry/business experience strongly preferred: 1+ years of experience in sell-side equity research role, or 1+ years of experience in investment banking, VC / private equity, buy-side biotech investment, or top consulting firm role.
• Medical or scientific background a plus: MS, PhD, MD or PharmD preferred
• Fully licensed is a plus: Completion of all exams (SIE, Series 86/87, Series 63) is preferred
• Familiarity and knowledge of the biotechnology and pharmaceutical industries including clinical development, regulatory affairs, business development, and commercialization
• Excellent written & verbal communication skills and strong multi-tasking ability
• Ability to search, understand and synthesize scientific and medical publications
• Strong quantitative, financial modeling, forecasting and Excel skills