Investment Banking Associate - Biotechnology

William Blair; New York (NY); On-site; USD 149,000 - 201,000; Full time

Job summary

William Blair is seeking an Investment Banking Associate specializing in biopharma in New York or Chicago. You will perform financial analyses, build models, and drive due diligence to support M&A and capital-raising transactions.

Expect to lead client interactions, develop marketing materials, and present findings while mentoring junior staff. Travel about 10–30% is required; SIE/Series licenses must be obtained within 150 days.

Qualifications

• Bachelor’s degree required.
• Prior investment banking experience; 1+ years as an IB Associate (biopharma preferred).
• Science background or life sciences experience preferred.

Responsibilities

• Perform financial/valuation analyses for M&A and capital raising.
• Build advanced financial models to value clients and industries.
• Lead due diligence and document analyses for live transactions.
• Develop proposals and presentations for clients and prospects.

Skills

Financial modeling

Valuation methods

Due diligence

Client presentation

Education

Bachelor’s Degree

Tools

SIE

Series 79

Series 63

Job description

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.

Join William Blair, the Premier Global Partnership.

Execute in-depth analyses to support new business development, transaction execution and the delivery of investment banking products and services to clients and prospects. Perform extensive research and financial modeling, apply valuation methods, and complete due diligence activities. Work closely with client staff to advance projects, gathering necessary information, conveying complex financial modeling outcomes and presenting analysis results. Provide training and mentorship to less experienced staff.

Responsibilities

• Perform extensive financial/valuation analyses to value debt and equity for mergers, acquisitions and capital raising transactions. Utilize creative approaches to analyses that illustrate key concepts/messages. Carefully review and provide guidance to Analysts’ work.
• Build advanced financial models to value potential and actual clients and/or industries, leveraging broad understanding of valuation and broad finance/accounting topics. Demonstrate thorough knowledge of multiple client sectors. Assimilate information to perform insightful analyses.
• Lead due diligence, research, analysis and documentation of potential and live transactions. Anticipate potential deal issues and pass concerns through to team members in real time.
• Actively participates in presentation development and hypothesis testing to highlight financial analysis and research results.
• Develop, produce and deliver proposals and presentations to clients and prospects, which exhibit broad knowledge of IB product solutions and underlying components. Engage, with analysts, in the development of marketing materials that highlight the competitive advantage of William Blair.
• Actively participate in client meetings and drafting sessions.
• Research and expand expertise of industries and/or sectors. Leverage knowledge to target certain clients or industries. Monitor key industry drivers. Offer insights into business trends in sector to facilitate processes. Evaluate and improve BIC content.
• Identify improvements to processes and propose solutions to complete tasks more efficiently.
• Take ownership of client relationships. Foster effective dialogue with finance and accounting staffs to facilitate processes. Anticipate needs and challenges and provide seamless solutions.
• Demonstrate an understanding of macro factors related to client industry, investment banking products and potential implications.
• Act as “on the job” trainer for analysts, providing constructive feedback. Focus on improving the quality of analyst and summer intern work product. Ensure senior team knows the valuable contributions of all team members.
• Ensure all activities are in compliance with applicable rules, regulations, policies and procedures.
• Additional responsibilities as requested.

Qualifications

• Bachelor’s Degree required
• Prior investment banking experience required; 1+ years as an Investment Banking Associate covering biopharma strongly preferred
• Science background or prior experience working in biotechnology and/or related life sciences industry and/or life sciences consulting preferred
• Internship or prior work experience in financial services industry preferred
• SIE Exam, Series 79, and Series 63 must be acquired within 150 days of employment (for US only)
• Detail oriented with strong analytical abilities
• Excellent mathematical, writing, verbal and computer skills
• Ability to adapt to new tasks with little notice
• Ability to manage expectations of senior bankers while working on multiple projects simultaneously
• Effective leadership and coaching skills
• Strong desire to win
• Sound judgement
• Deep, sophisticated understanding of accounting and finance
• Commitment to satisfying internal and external customers
• Travel required: approximately 10% to 30%
• Willing to join our offices in Chicago or New York

Salary Range

$175,000—$175,000 USD

Benefits

Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.

William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v

Contact us should you have any questions or concerns.