Equity Research Associate – Biotechnology

Guggenheim Securities; Boston (MA); On-site; USD 140,000 - 165,000; Full time

Job summary

Guggenheim Securities seeks an Equity Research Associate to cover the Biotechnology sector, with a focus on rare diseases and gene therapies. The role blends life sciences insights with financial modeling and market analysis for institutional clients.

You will support the research team with fundamental analysis, build and update financial models, and prepare comprehensive research reports. The position is based in New York or Boston, with regular cross-office collaboration.

Qualifications

• Exceptional academic pedigree, including a PhD in a life science field.
• Ability to search, understand, and interpret scientific and medical publications.
• Experience with PK/PD modeling and clinical trial data is a plus.

Responsibilities

• Support Senior Analyst with bottom-up biotech equity research and fundamental analysis.
• Build and update integrated financial and valuation models for biotech firms.
• Write research reports and notes on themes, events, and news.
• Conduct primary research using financial data, clinical data, and trends.
• Organize physician calls for investors and investor events.
• Update analyst marketing handouts regularly.
• Interact with institutional sales and investor clients.
• Respond to client and internal inquiries on research findings.

Skills

Equity research

Financial modeling

Fundamental analysis

Analytical communication

Python

R

Education

PhD in Life Sciences

Tools

Python

R

PK/PD modeling

Job description

Job Description

Position Summary Guggenheim is seeking an exceptional candidate to join as a sell-side Equity Research Associate to help cover the Biotechnology sector. This person will be responsible for following the progress of public/private Biotechnology companies and will support the research team in its efforts to analyze companies and make stock recommendations to institutional investor clients. In addition to a background in the life sciences, the ideal candidate will have interest in equity research and financial modeling, specifically in the Biotechnology sectors with a focus on rare disease and gene therapies. The position is in New York or Boston.

Essential Job Functions

• Provide support to the Senior Analyst through fundamental analysis and investment research in equity markets with an emphasis on original, bottom-up research in the Biotechnology sector


• Analyze individual Biotechnology companies to build and update fully integrated financial and valuation models


• Write comprehensive research reports and present findings; draft reports/notes on relevant investment themes, events, and breaking news


• Conduct primary research through industry sources including, but not limited to, financial analysis, due diligence clinical data and industry trends, company management and strategies


• Organize physician calls for investors and investor events


• Update analyst marketing handout regularly


• Interact with Firm’s institutional sales force and investor clients


• Respond to client and internal inquiries regarding research findings and directives

Preferred Qualifications

• Experience in PK/PD modeling, statistical modeling, clinical trial design and analysis is a preferred.


• Knowledge of programming languages such as R and Python is a plus.


• Prior experience in drug development and PK/PD optimization is preferred.


• Exceptional analytical, verbal, and written communication skills

Basic Qualifications

• Exceptional academic pedigree, including a higher degree in a life science field (PhD)


• Ability to search, understand, and interpret scientific and medical publications and presentations

Work Location

• Currently, this role is expected to be in the New York or Boston office at least 4 days per week.

Salary

• Annual base salary between $140,000 and $165,000.


• The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.