Associate, Biotechnology Equity Research

$145,000 - $175,000/Yr

Scotiabank & Trust - New York, NY

Full-time - Entry Level

New York, NY

5,001-10,000 employees

Credit Intermediation and Related Activities

About the position

The Associate, Biotechnology Equity Research position at Scotiabank involves contributing to the success of the US Research Department by supporting the Senior Analyst in various research and analytical tasks. The role focuses on developing forecasting models, drafting research reports, and maintaining up-to-date information on companies within the biotechnology sector. The Associate will also engage with company management and collaborate with colleagues across different regions to enhance research efforts and client communications.

Responsibilities

• Assist Senior Analyst with day-to-day responsibilities including developing and updating forecasting models.
• Maintain current up-to-date information for identified companies and monitor domestic and global economic developments.
• Review daily news services for relevant information impacting macro, industry-specific, and company drivers.
• Communicate with company management to stay informed regarding events that may impact company performance.
• Draft research reports communicating views regarding company-specific recommendations and commentary on economic developments.
• Work closely with Senior Analyst in launching new company coverage and developing new industry and thematic research reports.
• Partner with technology colleagues and analysts in the US, Canada, and Latin America on industry and company reports.
• Assist sales and trading personnel with communications to investors.
• Facilitate company marketing efforts by coordinating meetings with industry and corporate contacts.
• Ensure compliance with governing regulations, internal policies, and procedures.

Requirements

• Bachelor's degree with a concentration in life sciences or chemistry-related discipline is required.
• Strong ability to digest primary medical and scientific literature and presentations.
• Command of Microsoft Suite, including Excel, PowerPoint, and Word.
• General understanding of financial statements and building financial projections is a plus, but not required.
• Strong written and verbal communication skills are essential.
• Ability to perform under pressure and meet tight deadlines.
• Ability to manage several ongoing projects simultaneously with extreme attention to detail.
• FINRA Series 7, 63, 86, and 87 designations will be required but are not necessary in advance of employment.

Nice-to-haves

• Life science Ph.D. or M.D. is preferred, but not required.
• Experience in financial analysis or investment banking is a plus.

Benefits

• Flexible benefit programs to support family, financial, physical, mental, and social health needs.