Equity Research Senior Associate - Biotechnology

Job Description

Top investment bank is seeking an equity research associate to support senior biotechnology analyst covering mid- and small-cap companies out of our New York or San Francisco offices.

Responsibilities will include:

• Conducting proprietary research evaluating biotech companies' therapeutic pipeline by analyzing scientific literature, attending medical conferences, and consulting industry experts
• Writing research reports for initiations of coverage, analysis of data, deep dive in disease/technology, and industry/company news
• Building and maintaining financial models
• Conceiving and executing on differentiated project ideas
• Interfacing with company management teams, internal sales and trading personnel, and institutional investors

Key qualifications:

• ~3+ years of experience in biopharmaceutical investment research, consulting, or industry
• Proficiency in written/verbal communication
• Motivated, hard-working, attention to detail, team player
• CFA and/or programming skills a plus
• Advanced degree (PhD/MD/PharmD) in life sciences a plus
• Experience building financial valuation models using excel as a plus

About the senior analyst

Dr. Maury Raycroft covers small- to mid-cap biotechnology companies at Jefferies LLC. He joined Jefferies in 2015 following one year of covering biotech and pharma at Guggenheim Securities. Maury completed a post-doctorate fellowship at The Yale School of Medicine in Rheumatology, he received his Ph.D. in Cellular and Molecular Biology from the University of Notre Dame and graduated from Wabash College with a B.A. in Biology.

Primary Location Full Time Salary Range of $135,000 - $165,000.

About Us

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.