Equity Research Associate – Biotechnology

Piper Sandler; New York; Hybrid; USD 75,000 - 125,000; Full time

Job summary

Piper Sandler is seeking an Equity Research Associate to join our Healthcare Group, Biotechnology team in our New York, NY office. This role offers a chance to develop industry expertise while supporting marketing of research and investment ideas to our sales force and institutional investors.

As an associate, you will work with a senior analyst to build financial models, write reports, and participate in meetings with management and industry conferences.

Qualifications

• Masters or PhD in Science.
• 1 year of Life Sciences work experience.
• 6–12 months of biotech equity research on the sell-side.
• Strong written and interpersonal communication.
• Outstanding quantitative and organizational skills.
• Securities Industry Essentials (SIE), Series 86/87 required (or willing).
• Progress toward CFA a plus.
• Ability to thrive in a fast-paced, independent environment.

Responsibilities

• Research biotech companies and industry alongside a senior analyst.
• Create financial models and valuation analyses.
• Write company and industry reports with investment recommendations.
• Form relationships with company management through meetings and calls.
• Attend industry conferences and site visits.

Skills

Equity research

Biotech knowledge

Analytical ability

Communication skills

Team player

Education

Masters or PhD in Life Sciences

Job description

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.ResponsibilitiesWork in partnership with the senior analyst to conduct extensive company and industry researchCreate financial models and valuation analysesWrite company reports, industry reports, and develop investment recommendationsForm relationships with company management teams through meetings, calls, roadshows, etc.Make company visits and attend industry conferencesRequirementsMinimum of masters degree or Ph.D. in Science1 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 BiotechAbility to thrive in a demanding and fast-paced environment that requires the ability to think quickly on one's feet and work independentlyA strong interest in the stock market and a demonstrated record of professional, academic and personal achievementOutstanding interpersonal and written communication skillsOutstanding quantitative and organizational skillsA strong competitive spirit balanced by a proven ability to work as part of a teamStrong background in the biological sciencesSecurities Industry Essentials, Series 86 and 87 required (or willingness to obtain)Progress towards CFA a plusAs 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. Learn more about our equities team herePiper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about 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 here.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.#LI-AH1