Analyst/ Associate- Equity Research, Biotech
Bank of America
Analyst/ Associate- Equity Research, Biotech
New York, New York
**Job Description:**
The SMid-Cap Biotechnology Equity Research team covers companies spanning three main disease areas of oncology, central nervous system disorders, and rare diseases. The lead analyst is top three ranked in the Institutional Investor vote for the smid biotech category. In 2021 the team worked on several priced IPOs and add ons and is currently vetting a number of additional transactions. This means that 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 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 reports and company launch initiations
+ Develop doctor/patient surveys and conduct doctor interviews to understand market dynamics, demand and future projection
+ Build financial models to quantitatively analyze company valuations
+ Demonstrate industry knowledge (such as regulatory, pricing) from early stage study to market approval
+ Build relationships and facilitate information flow with contacts at covered companies
+ Seek out new, value-added and/or unusual sources of information
+ Have ability to monitor news flow and highlight stock-impacting updates when the Senior Analyst is traveling
+ Interact regularly with sales, trading and external clients and if performance on team is strong enough, take on coverage of individual names over time
This position has a requirement of being in the office 4 days per week.
**Qualification:**
+ Bachelor’s Degree or equivalent years of experience (Advanced degreein life science disciplineis a plus but not required)
+ Strong writing and financial modeling skills is a must
+ Ideal candidate would have 1-4 years of experience in biotech in equity research, buy side experience or investment banking experience
+ Must enjoy following the stock market and doing desktop and field research
+ Academic background in a life science field and should have basic understanding of economics, macroeconomic factors and policy
+ Must have excellent communications skills, written and verbal
+ Must have strong attention to detail, ability to multi-task
+ Must work well in a collaborative team 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:**
40
**Pay Transparency details**
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This 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.
Benefits
This 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.
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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