Equity Research Associate – Diversified Biopharma

Job Title: Equity Research Associate – Diversified Biopharma

Reports to: Sr. Equity Research Analyst

Department: Equity Research

Location: New York

Salary Range: $110,000-$170,000 

We are seeking a highly motivated and analytically rigorous individual to contribute meaningfully to our equity research team. This person will help produce differentiated therapeutics industry and company research as a member of a leading Wall Street equity research team.

Primary Duties and Responsibilities:

• Collect and analyze data related to therapeutics and various diseases, including scientific papers, clinical data, and prescription trends
• Draft market research surveys and analyze results
• Interview company executives or medical/industry consultants to develop and maintain sources of information in preparation of analyses
• Build, update and maintain financial models
• Rebuild and update models for significant financial transactions such as financings, share buy backs and acquisitions
• Formulate investment recommendations based on fundamental analysis, valuation and risk assessment of individual companies
• Write research reports and notes on companies for distribution to the Leerink Partners sales force and institutional clients
• Keep current of market news
• Answer inquiries from firm personnel and external clients
• Support senior equity research professionals by attending events of special interest

Experience and Qualifications Required:

• Deep medical/scientific background, strong financial modeling expertise and excellent written & verbal communication skills.
• Qualified candidates will have either formal scientific training (PhD, MD, DVM or MSc), or direct industry experience in financial reporting and controls in the biopharmaceutical industry, or relevant biopharmaceutical investment research experience in either sell side research or private or public buy side investing, or significant industry analytical experience in a relevant consulting firm
• Prior business experience: at least 2 years of consulting experience at a leading consulting firm; or two years of industry business development experience at a leading pharmaceutical or biotechnology firm; or 2 years of investment banking analyst training in healthcare at a recognized investment banking firm
• Prior business education: MBA, CPA or CFA, or other formal business training
• Advanced accounting skills preferred
• Strong quantitative, financial modeling, forecasting and Excel skills
• Familiarity and knowledge of the biotechnology and pharmaceutical industries including clinical development, regulatory affairs, business development and commercialization
• Excellent written and verbal communication skills
• Ability to search, understand and interpret scientific and medical publications
• Solid understanding of statistical analysis techniques
• Strong team player who works well with others

About Leerink Partners, LLC

Leerink Partners is a leading investment bank providing a complete suite of financial solutions comprising M&A advisory, equity, debt, and derivative capital markets, equity research, and sales and trading capabilities. The firm’s strategic focus on the healthcare industry empowers it to provide unique advice and insights to its clients. The firm is a broker-dealer registered with the United States Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority.

Equal Employment Opportunity

Leerink Partners is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovative ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Actual starting base pay will be determined on skills, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, benefits, and/or other perks, as outlined in any formal offer made.