Equity Research Senior Associate, Biotech

Citibank (Switzerland) AG; New York (NY); Hybrid; Confidential; Full time

Benefits offered by this job

Hybrid work model

Global research platform access

Professional development opportunities

Job summary

Citi is seeking a Senior Associate for its Equity Research team in New York to support the lead analyst covering Biotech Services. You will contribute to research publications, financial models, and client engagement on a global scale.

Responsibilities include building models, drafting reports, coordinating events, and leveraging AI tools to enhance outputs. Strong communication and licensing requirements apply; hybrid work option available.

Qualifications

• 2–10 years of sell-side equity research experience in Biotech Services or similar.
• Bachelor’s degree in finance, economics, or related field.
• Ability to build and maintain complex financial models with solid accounting and valuation knowledge.
• Experience supporting senior analysts with research materials and client communications.
• Excellent written and verbal communication to translate complex finance into clear narratives.
• SIE, Series 63, 86, and 87 licenses either held or eligible within 180 days.
• High attention to detail and ability to manage multiple priorities under time pressure.

Responsibilities

• Build, maintain, and update detailed financial models for Biotech Services to support investment ideas.
• Draft and co-author equity research publications for institutional clients.
• Respond to client inquiries with timely, informed perspectives on sector developments.
• Coordinate investor events and field meetings to deliver strong client experiences.
• Apply AI tools to enhance research workflows and data analysis efficiency.
• Mentor junior team members and contribute to a high-performing research environment.
• Evaluate business and investment decisions, upholding research integrity and regulatory standards.

Skills

Equity research

Financial modelling

Strong communication

Licenses: SIE/63/86/87

Attention to detail

Education

Bachelor's degree

Job description

Citi's Equity Research team is looking for a Senior Associate to support the lead analyst covering the Biotech Services sector, contributing to the delivery of high-quality, independent investment insights to institutional clients globally. In this role, you will play a meaningful part in shaping research publications, financial models, and client engagement for one of the most dynamic sectors in today's market. This is an opportunity to work at the intersection of deep sector analysis, AI-driven research methods, and direct client impact within a globally connected team.

Responsibilities

• Build, maintain, and update detailed financial models for the Biotech Services sector companies, including relative value analysis, earnings forecasts, and scenario modelling to support investment recommendations.
• Draft and co-author equity research publications including earnings previews and recaps, initiation reports, and thematic deep-dive notes for distribution to institutional clients.
• Respond to inquiries from internal and external clients, delivering timely and well-informed perspectives on Biotech Services sector developments and covered companies.
• Coordinate and support investor events including management meetings, company field trips, and industry consultant calls, ensuring seamless execution and strong client experience.
• Apply AI tools and emerging technologies to enhance research workflows, streamline data analysis, and improve the quality and efficiency of published outputs.
• Mentor and support junior team members, contributing to a high-performing research environment through knowledge sharing and day-to-day guidance.
• Evaluate business and investment decisions with sound judgement, maintaining the integrity of research outputs and adhering to regulatory and ethical standards at all times.

Required Qualifications & Skills

• 2 to 10 years of experience in sell-side equity research experience, with a focus on Biotech Services or a closely aligned sector.
• Bachelor's degree or equivalent experience in finance, economics, or a related field.
• Demonstrated ability to build and maintain complex financial models with a strong command of accounting principles and valuation frameworks.
• Experience supporting senior research analysts, including preparation of research materials and client-facing communications.
• Excellent written and verbal communication skills, with the ability to translate complex financial analysis into clear, compelling research narratives.
• Active holding of, or eligibility to obtain within 180 days, SIE, Series 63, Series 86, and Series 87 licenses.
• High attention to detail and the ability to manage multiple priorities accurately under time-sensitive conditions.

Beneficial Skills & Qualifications

• MBA, graduate degree, or CFA designation, demonstrating advanced financial and analytical expertise.
• Significant recent performance in external analyst surveys across the Biotech Services sector, evidencing market recognition of research quality and client impact.

What We Offer

• Joining Citi's Equity Research team means working alongside experienced analysts on a global platform, with the tools, access, and support to develop your expertise and deliver meaningful impact for clients.
• We offer a working environment built on performance, collaboration, and continued professional growth.
• A hybrid working model offering 3 days in the office and 2 days working remotely, providing flexibility without compromising team collaboration.
• Direct exposure to senior research leadership and institutional clients, accelerating your professional development within sell‑side equity research.
• Access to Citi's global research platform, providing scale, resources, and cross-sector connectivity that few firms can offer.
• Ongoing learning and development opportunities, including support for professional qualifications and emerging research methodologies including AI.
• Competitive compensation and a comprehensive benefits package reflective of a senior individual contributor role at a leading global financial institution.

Job Family Group: Research

Job Family: Research Analysis

Time Type: Full time

Primary Location: New York New York United States

Primary Location Full Time Salary Range: $121,200.00 - $181,800.00

Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.

Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Most Relevant Skills Please see the requirements listed above.

Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.

Anticipated Posting Close Date: Aug 26, 2026

Automated Processing and AI We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details. Illinois residents – AI Notice and Right

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