Equity Research Associate - Biotechnology

Piper Sandler & Co.; New York (NY); On-site; USD 75,000 - 125,000; Full time

Job summary

Piper Sandler & Co. is seeking an Equity Research Associate for the Healthcare Group's Biotechnology team in New York, NY. The role involves developing industry expertise while marketing research and investment ideas to sales and institutional investors.

Qualified candidates typically hold a Masters or Ph.D. in Science with 1 year of Life Sciences or 6–12 months in Biotech equity research, plus strong communication and teamwork skills.

Qualifications

• Master's or Ph.D. in Science required.
• 1 year of relevant life sciences experience or 6–12 months in Biotech equity research.
• Strong written and verbal communication skills.
• Interest in stock market and ability to work in a fast-paced environment.

Responsibilities

• Conduct company and industry research with senior analyst.
• Build financial models and valuation analyses.
• Write company and industry reports and develop investment recommendations.
• Engage with management teams and attend conferences.
• Support marketing of research to sales and institutional investors.

Skills

Life sciences background

Equity research experience

Securities Industry Essentials

CFA a plus

Strong communication

Education

Masters or Ph.D. in Science

Job description

At Piper Sandler, we connect capital with opportunity to build a better future. We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities. We are currently looking for an Equity Research Associate to join our Healthcare Group, specifically with the Biotechnology team at our New York, NY office. This role offers a unique opportunity for an ambitious professional to play a meaningful role in our Biotechnology group. As associates develop industry expertise, they will have additional responsibility for marketing their team's research and investment recommendations to our sales force and to institutional investors.

Responsibilities

• Work in partnership with the senior analyst to conduct extensive company and industry research
• Create financial models and valuation analyses
• Write company reports, industry reports, and develop investment recommendations
• Form relationships with company management teams through meetings, calls, roadshows, etc.
• Make company visits and attend industry conferences

Requirements

• Minimum of masters degree or Ph.D. in Science
• 1 year of relevant work experience in Life Sciences and/or 6 months to 1 year of Equity Research associate experience on the sell -side in Biotech
• Ability to thrive in a demanding and fast‑paced environment that requires the ability to think quickly on one's feet and work independently
• A strong interest in the stock market and a demonstrated record of professional, academic and personal achievement
• Outstanding interpersonal and written communication skills
• Outstanding quantitative and organizational skills
• A strong competitive spirit balanced by a proven ability to work as part of a team
• Strong background in the biological sciences
• Securities Industry Essentials, Series 86 and 87 required (or willingness to obtain)
• Progress towards CFA a plus

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture. In equities, our sales & trading teams facilitate public offerings in our core sectors and dedicate significant levels of firm capital to ensure the highest aftermarket support. We are a market maker and/or transact in 2,500 securities, offering traditional, algorithmic and program trading approaches. Our 50+ senior analysts produce industry-leading, deep‑sector research on more than 800 stocks under coverage, including one of the largest small/mid cap coverage universes on the Street. We also empower our investors with focused, best‑in‑class macro research. Our Institutional Investor top‑ranked analysts utilize independent processes that provide impartial insights into economic trends, energy, portfolio strategy, technical analysis, policy actions and political developments.

Piper Sandler values a strong culture dedicated to the emotional and physical well‑being of our employees. Our commitment to our employee’s health, well‑being, our benefits program and how we are here for our employees and their families today, tomorrow and beyond.

The anticipated starting salary range for individuals expressing interest in this position is $75,000 - $125,000 per year. Placement within this range is dependent upon level of experience, location and other factors. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.

Welcome to Piper Sandler Careers! One of the fastest-growing investment banks in the U.S. We connect capital with opportunity to build a better future. We enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.