Equity Research Associate, Healthcare

Wedbush Securities; New York (NY); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

HSA with company contributions

Flexible Spending Accounts

401(k) matching

Tuition reimbursement

License sponsorship

Charitable donation matching

Travel assistance

Employee discounts

Discretionary compensation

Job summary

Wedbush Securities in New York is seeking an Equity Research Associate to join a renowned healthcare research team. You will conduct scientific and market due diligence, translate publications into investment theses, and support coverage of oncology, rare-disease, and technology platforms.

You will build and maintain financial models, interact with management, and contribute to research notes and cross-functional projects in a fast-paced environment.

Qualifications

• Advanced degree in life sciences (MD/PhD) preferred; Bachelor’s degree from an accredited university required.
• Active FINRA Licenses including SIE, Series 86 & 87 preferred; required within 120 days if not active.
• Superb quantitative and analytical skills.
• Exceptionally strong verbal and written communication skills.
• Ability to maintain high accuracy in a fast-paced, deadline-driven environment.
• Ability to work independently and in a team, prioritizing daily workflow with minimal direction.
• Advanced Excel skills essential; experience building financial models a plus.
• Strong work ethic and a proactive attitude.

Responsibilities

• Conduct regular scientific and market due diligence on covered companies, including channel checks on assigned names.
• Interpret scientific publications and medical conference presentations to inform investment theses.
• Conduct surveys with key medical opinion leaders to validate clinical and commercial assumptions.
• Support coverage spanning oncology, rare-disease, and technology-platform companies and their therapeutic assets.
• Build, update, and maintain detailed financial models and company databases.
• Conduct regular financial and market due diligence on covered companies.
• Collect and analyze industry data and develop proprietary sector databases.
• Assist with the timely preparation and publication of research notes and reports.
• Interact with corporate management and our internal sales force.
• Provide general support to the broader equity research team, including company research, industry due diligence, and special projects as assigned.
• Perform other tasks and duties as required and assigned.

Skills

Advanced degree in life sciences

FINRA licenses (SIE, Series 86 & 87)

Quantitative analysis

Verbal and written communication

Independence and teamwork

Advanced Excel

Financial modeling

Education

Life sciences advanced degree (MD/PhD)

Bachelor’s degree from an accredited university

Tools

Excel

Job description

We are seeking a driven Equity Research Associate to join our award-winning team of sell-side equity researchers covering the healthcare sector;, one of the most dynamic and high-impact areas intoday's capital markets.

This is a rare chance to work at the intersection of cutting-edgescience and high-stakes finance, gaining direct exposure to groundbreaking oncology, rare-disease, and platform-technologyinnovation while building the analytical toolkit of a top-tier equityresearch professional. You will work shoulder-to-shoulder with some ofthe most respected minds in the industry, with a clear runway to growyour career, your network, and your impact on how institutionalinvestors understand the future of medicine.

If you have a scientific mind, a competitive drive, and a passion forthe markets, this is your opportunity to break into, or accelerate within one of the most intellectually rewarding corners of Wall Street.

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Why Join Wedbush

• Work directly alongside an award-winning sell-side research team with deep relationships across the healthcare landscape
• Gain unmatched exposure to cutting-edge science, from novel oncology mechanisms to rare-disease breakthroughs and next-generation therapeutic platforms
• Build a highly transferable, elite skill set in financial modeling, scientific due diligence, and institutional communication

What You Will Do

• Conduct regular scientific and market due diligence on covered companies, including channel checks on assigned names
• Interpret scientific publications and medical conference presentations to inform investment theses
• Conduct surveys with key medical opinion leaders to validate clinical and commercial assumptions
• Support coverage spanning oncology, rare-disease, and technology-platform companies and their therapeutic assets
• Build, update, and maintain detailed financial models and company databases
• Conduct regular financial and market due diligence on covered companies
• Collect and analyze industry data and develop proprietary sector databases
• Assist with the timely preparation and publication of research notes and reports
• Interact with corporate management and our internal sales force
• Provide general support to the broader equity research team, including company research, industry due diligence, and special projects as assigned
• Perform other tasks and duties as required and assigned

Experience and Skills

• Advanced degree in life sciences (MD, PhD) preferred; Bachelor’s degree from an accredited university required
• Active FINRA Licenses including SIE, Series 86 & 87 preferred; will be required to obtain them within 120 days of start date if not currently active
• Superb quantitative and analytical skills
• Exceptionally strong verbal and written communication skills
• Ability to maintain a high degree of accuracy in a fast-paced, deadline-driven environment
• Ability to work independently and within a team, prioritizing daily workflow with little direction
• Advanced Excel skills essential; experience building financial models a plus
• Strong work ethic and a great attitude with an ability to perform duties under minimal supervision

What We Offer

What Wedbush Offers You

As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• FINRA and Professional License Sponsorship
• Charitable Donation Matching Contributions
• Travel & Employee Assistance and Employee Discount Programs
• Discretionary compensation based on the colleague's and the firm's performance

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $100,000-$150,000 depending on experience. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. At Wedbush, Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety offactors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.

This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule17a-3, et. seq., Financial Industry Regulatory Authority (FINRA) Rules3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.