Equity Research Associate- SMID Biotech

About the Role:

Wolfe Research is seeking an  Equity Research Associate, SMID Biotech to join its team in NYC. Wolfe Research was voted #6 on a weighted basis for equity research during 2025 by institutional clients in the prestigious Extel's All American Research Poll, trailing only significantly larger bulge bracket firms, who have historically not been viewed as our peers. The firm’s clients include most of the world’s largest asset managers (mutual funds, pension funds, hedge funds). Our firm covers publicly traded companies in many different industries across the US and abroad – the main focus is quality research, but we also do investment banking.

Equity research job covering: SMID Biotechnology. Candidates should have strong familiarity with the biotech sector. This experience could come from: (1) working in a similar financial role already, either on the "buyside" or "sell-side" in the healthcare/therapeutics space; (2) working in the biotech industry (ideally in a business function such as sales & marketing, business development, portfolio assessment, R&D and medical affairs); (3) working at a consulting firm where clients are biotech companies or (4) working in clinical research in an area related to immunology, cardiovascular and genetic diseases.

Responsibilities & Requirements:

• Ability to analyze drug development and clinical trial design/data analysis
• Deep analysis of scientific literature to inform investment theses and analysis of therapeutic areas in immunology, cardiovascular and genetic diseases
• Strong familiarity with financial concepts including: the basics of corporate finance such as 3-statement financial modeling; forecasting; and valuation techniques
• Creative thinker with strong problem-solving skills: working with large data sets in Excel/Access, and ability to source and process information independently
• Demonstrated ability to generate ideas: work closely and communicate effectively in a time sensitive environment, ability to balance multiple priorities and meet deadlines, strong organizational skills, client service minded and strong writing skills
• Must enjoy following the stock market and developing industry themes
• Technical skills: Bloomberg and/or FactSet skills helpful; Excel (macros, pivot tables, conditional formatting, short cuts).
• Strong communication skills: particularly an ability to write concisely using correct grammar
• Comfortable working 10+ hour workdays and some work on occasional weekends
• SIE, Series 7, 63, 86 & 87 licensure is preferred, or expected to be completed within the first 6 months of joining 

  Education:

• BA/BS required, concentration must be in a scientific area relevant to the job
• MBA, CPA, PharmD or PhD in a scientific area relevant to the job is not required, but is a plus
• Demonstrated academic ability with a minimum of 3.5 GPA

  At Wolfe Research we feel passionately about equal pay for equal work and pay transparency is an integral practice for that. The compensation for this role is market competitive with a base salary range of $95,000-$130,000. We intend to offer the selected candidate a base salary within this range, based on non-discriminatory factors including but not limited to skill set, job-related experience, and location. In addition, we offer an annual discretionary incentive bonus and competitive employee benefits including: medical, dental and vision coverage; life, accident and disability insurance. Wolfe also offers paid time off packages that include vacation, sick days/leave, paid holidays and paid parental leave.

About Wolfe

Wolfe Research, LLC is a premier independent sell-side research firm with a commitment to best-in-class content and ongoing strategic growth. We produce the most objective and distinguished research across our covered sectors, and deliver our services with intense care and specificity to each of our institutional clients. We strive for excellence in every facet of our business, and we will continue to differentiate ourselves by maintaining the highest standards for effort, client service, thoughtfulness, and integrity. Wolfe remains committed to providing a home for the top-ranked, most innovative and inspired analysts and sales people, and places significant emphasis and resources on mentoring talent.

The firm has established a leading reputation for sector and macro research. Our QES product provides leading stock selection models, cutting edge portfolio analytics and hedging tools, highly ranked ESG product, and back-tested alternative data. Wolfe Research’s analysts were voted #6 on a weighted basis for equity research during 2024 by institutional clients in the prestigious “Extel” (formerly Institutional Investor) All-America Research Poll, trailing only significantly larger bulge bracket firms, who have historically not been viewed as our peers.

We strive for excellence in every facet of our business, and we will continue to differentiate ourselves by maintaining the highest standards for effort, client service, thoughtfulness, and integrity. Wolfe remains committed to providing a home for the top-ranked, most innovative and inspired analysts and sales people, and places significant emphasis and resources on mentoring talent.

Wolfe Research recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender identity or sexual orientation, disability, age, citizenship or other characteristics. At Wolfe Research, we strive to be the place where a diverse mix of talented people want to come, to stay and do their best work. We pride ourselves on bringing integrity and objectiveness to our research process and we know our company’s biggest strength is the hard work, collaboration and diverse views and opinions of our passionate and creative employees. We are fully focused on equality and believe deeply that diversity of race, gender, sexual orientation, religion, ethnicity, national origin and all the other fascinating characteristics that make us different, also make us stronger.