Equity Research Associate - Biotechnology

Top investment bank seeking an equity research associate to support a rising senior biotechnology analyst covering mid- and small-cap biotech companies. Responsibilities will include:Candidate should understand that the team is highly motivated to become top-ranked in the biotech industryConducting proprietary research and evaluating drug pipelines by analyzing scientific literature, attending medical conferences, and consulting industry expertsWriting research reports for initiations of coverage, deep dive data analyses, competitive landscaping, and industry/ company newsDelving into intellectual property and following patent litigation concerning pharmaceuticalsBuilding and maintaining financial models and powerpoint decksConceiving and executing on differentiated project ideasInterfacing with company management teams, internal sales and trading personnel, and institutional investorsKey Qualifications:Motivated to rise in the sell-side industry in the long-termHard-working, attention to detail, team player Sharp analytical skills in dissecting preclinical and clinical dataDeep understanding of, or experience with, drug development and the FDA-approval process for pharmacologic treatments is desirable1+ years of experience in healthcare investment research (sell side, buy side, investment banking, etc)High proficiency in written/verbal communicationCan type >120 words per minute Has experience writing quality sell side reports, producing powerpoints, and creating detailed financial models (e.g. functioning three-statement models, DCFs, market models, etc)Experience building financial models using excel is a plusSenior Analyst Bio:The senior analyst currently covers small- to mid-cap biotech companies at Jefferies and has over 13 years of equity research experience. He joined Jefferies in May 2017 and became a covering Analyst in early 2019. Prior to Jefferies, he gained equity research experience in the biotechnology and software sectors at Wells Fargo, RBC Capital Markets, and Wedbush Securities. He received his BA in Environmental Engineering from UC Irvine and his MS in Civil & Environmental Engineering from Stanford University.Primary Location Full Time Salary Range of $100,000 - $120,000. Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.Full timePosting Date: 2026-05-29