Associate Equity Research - Biopharma and Biotech

Citizens' equity research department covers 400+ public companies and provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. Our senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. Citizens follows companies in seven broad growth industries: Technology, Healthcare, Financial Services, Consumer, Industrial , Digital Infrastructure and Real Estate—and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably. 
 

We are seeking an Associate to join its Healthcare Research Group in New York, specifically working within the Biotechnology and Biopharmaceuticals team.  The Research Associate will be involved in all facets of research activities and will play an integral role supporting the coverage of more than 25 publicly traded biotech and biopharma companies interacting with company executives, presenting to the salesforce, and communicating with public investors, venture capital firms and private equity firms.

The specific responsibilities of the Associate include, but are not limited to, writing research reports, financial analysis and modeling, conducting industry and company-specific research, coordinating the various processes involved in generating actionable, proprietary research.

As part of their responsibilities, the associate will be expected to study for and pass the Securities Industry Essentials (SIE) exam as well as the Series 86 and Series 87 exams.

Responsibilities:

• Create and maintain financial models
• Perform financial analysis and due diligence
• Write company specific and thematic investment-driven research reports
• Conduct research from the primary literature, proprietary databases, tailored industry surveys
• Attend meetings with management teams and investor conferences
• Analyze and update investment themes and ideas across the Internet sector
• Respond to requests from institutional sales force and from clients

Skills/Qualifications Required:

• 1-2 years of research experience strongly preferred 
• Live in, or ability to relocate to, New York
• An understanding of stocks and the stock market
• Basic understanding of accounting and finance
• Bachelor's degree along with outstanding academic achievement, preferably in fields of biomedical science, MD/PhD strongly preferred. CFA, MBA, or courses in financial modeling or accounting preferable. 
• High level of proficiency with Excel
• Strong verbal and written communication skills
• Strong leadership and team working skills
• Superior work ethic

Hours & Work Schedule 
    • Hours per Week: 40 
    • Work Schedule: Mondays to Fridays in person at 1301 Avenue of the Americas, New York, New York

Pay Transparency 

The salary range for this position is $110,000 to $140,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.  ​

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.