Research Associate, Biotechnology

What is the Opportunity?

Research Associate responsible for fundamental analysis of companies in the Biotechnology sector

What will you do? 

• Develop an expertise in the Biotechnology sector

• Assist in the development and detailed modeling of company specific financial models

• Coordinate, generate and maintain research reports, presentations and databases

• Provide research support to analyst as required

• Incumbent is in the process of developing core Research Associate skills

• Support and answer client queries as they relate to the sector

• Proactively identify operational risks/ control deficiencies in the business

• Review and comply with Firm Policies applicable to your business activities

• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.

What do you need to succeed?

  Basic Qualifications

• PhD, MD, or similar advanced degree in life sciences field relevant to therapeutics

• NYSE Licensing Requirements – Series 7, 63, 86 & 87, SIE

Other Required Qualifications:

• 1-2 years of work experience in a non-academic setting such as biopharma industry/drug development, life sciences consulting, or investment banking is a plus

• Familiarity with accounting and financial modeling

• Previous exposure to the biopharmaceuticals sector

• Efficient writing capabilities

• Strong computer skills (Excel) with ability to quickly learn new platforms

• Detail oriented with solid analytical skills and ability to synthesize data points into trends beyond the mainstream

• Energetic, self-motivated and an ability to perform under pressure and meet time sensitive deadlines, sometimes for extended periods of time

• Demonstrated passion for equity/financial markets

• Prior sell-side equity research experience in biotechnology, pharma, or specialty pharmaceuticals is a plus

• Good understanding of financial/stock market

• Knowledge of Wolters Kluwer software and IMS are a plus

AUTHORITIES, IMPACT, RISK

• Regular interaction with clients

• Supporting Senior Analyst

KEY RELATIONSHIPS

• Internal clients including sales and trading

• External clients as required

WORKING CONDITIONS

• The work environment is based on a office/trading floor, thus little physical effort is required

• The office environment can be a high stress environment that requires quick turnaround and decision making

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $100,000 - $160,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high-performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.