US Equity Research - SMid Biotech - Associate

Job Summary:Are you intellectually curious, highly communicative, an efficient writer, and good at building relationships, triangulating data, and solving puzzles? You have found the right team!As an Associate in Equity Research covering SMid Biotech, you will become an industry expert, helping to conduct and facilitate industry analysis and company-specific coverage. This involves core research ranging from dissecting earnings releases and regulatory filings to assessing relevant news events, modeling financial statements and industry dynamics, performing detailed valuation work, writing research notes and sector pieces, and speaking to internal and external clients and management teams about the stocks and sector. You will work with our partners in both Sales and Trading to provide comprehensive client coverage, including fulfilling client requests for market updates and market intelligence. Research is fast-paced, demanding and intellectually stimulating. We look for candidates who possess strong accounting, finance, quantitative and business writing and communication skills, as well as modelling, forecasting, and valuation experience.Corporate and Investment Banking - ResearchOne of the world’s most highly respected advisory franchises, J.P. Morgan’s fundamental and quantitative research provides thoughtful and differentiated analyses on sectors and companies and actionable ideas and thematic insights that empower our clients to make well-informed investment and strategic decisions.Job Responsibilities: Build and maintain Excel-based models to forecast company financials and project industry dynamicsPerform detailed valuation work to support stock recommendationsAnalyze complex data sets, news releases, regulatory filings, and industry events to shape your view of the industry and companies under coverageWrite research notes on covered companies and sector reports and prepare presentationsBuild relationships and communicate effectively with internal and external clients, industry experts, and management teams Fulfill client requests in a timely and thorough mannerDemonstrate intellectual curiosity and seek to generate ideas for differentiated research productRequired Qualifications:FINRA licenses Series 86 and Series 87Two to three years of experience in equity research and/or investment bankingStrong accounting, finance, quantitative and business communication skills, as well as modelling, forecasting, and valuation experienceAdvanced level of proficiency in ExcelAbility to multi-task and collaborate within a team environment as well as work independently High level of organizational skills, excellent attention to detail, and a proven ability to meet deadlines in a dynamic environmentPassion for the markets and interest in the SMid Biotech sectorPreferred Qualifications:CFA charterholder or progress towards CFASome coding capabilities – e.g., VBA, Python JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Full timePosting Date: 2026-09-11