Analyst / Associate - Equity Research, US Biopharma (Large-Cap & Mid-Cap)
At a glance
Mid-level Investment & Corporate Development role at Bank of America. New York · full-time · $70,000–$175,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Draft company and industry coverage, including earnings reviews, forward-looking themes and event-driven updates
- Build and update financial and drug-category market models, then assess company results and broader industry trends
- Track news and flag developments that could move stocks, especially while the senior analyst is traveling
- Develop contacts at covered companies and find useful, less-obvious sources of information
- Share investment views with sales, trading teams and institutional investors
What you bring
- A bachelor’s degree or equivalent experience, plus one to four years in biopharma research, buy-side investing or investment banking
- Strong financial modeling and writing ability, with an academic or professional grounding in life science
- A clear interest in public markets and fundamental research, alongside an understanding of economics, policy and macro factors
Who this fits
This role suits someone who wants to work across research, modeling and investment communication as part of a collaborative team. You’ll work in the New York office four days per week.
From the employer
Job Description:
The Large/ Mid Cap Biopharma Equity Research team is seeking an Equity Research Analyst or Associate with a well-rounded pedigree in life science and finance. The role offers direct exposure to a top-three ranked Institutional Investor analyst and expanding coverage across large-cap pharma, with responsibilities spanning fundamental research, financial modeling, policy analysis, and industry-related litigation. The candidate for this position should be intellectually curious and have a deep desire to learn.
The ideal candidate possesses a life science background and experience with financial modeling in either sell-side research, life science consulting or healthcare investment banking.
He or she will work alongside the Senior Analyst and Associates in all aspects of the research process, from idea generation to modeling, including but not limited to the following:
- Write industry and company research reports, including earnings results, forward-looking thematic pieces, and event-driven updates
- Build and maintain financial models and drug category market models
- Analysis of industry macro trends and company financial results
- Build relationships and facilitate information flow with contacts at covered companies
- Seek out new, value-added and/or unusual sources of information
- Monitor news flow and proactively flag stock-impacting developments, particularly when the Senior Analyst is traveling
- Communicate the team’s investment recommendations to sales, trading and institutional investor clients
- This position has a requirement of being in the office 4 days per week.
Qualifications:
- Bachelor’s Degree or equivalent years of experience; advanced degree in life science discipline or relevant industry-experience is a plus
- Ideal candidate would have 1-4 years of experience in biopharma equity research, buy side experience or investment banking experience
- Strong writing and financial modeling skills are required
- Demonstrated interest in public equity markets and fundamental research
- Academic background in a life science field and should understand economics, macroeconomic factors and policy
- Excellent written and verbal communication skills, strong attention to detail, and the ability to manage multiple priorities while contributing in a highly collaborative, team-oriented environment
- Must have strong desire to be a team player and view team’s success as a reflection of individual success
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$70,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.