Equity Research Associate - Biotechnology

TD Bank • New York, NY

242d • $120,000 - $190,000 • Hybrid

About The Position

TD Cowen, a division of TD Securities, is looking for an Equity Research Associate to join its Healthcare, Biotechnology team in New York. Equity Research Analysts follow the progress of public biotechnology companies and make stock recommendations to institutional investor clients. Job tasks include financial modeling, interviews with physician experts and company managements, conducting surveys, literature reviews, hosting industry conferences, writing reports and making oral presentations. The successful candidate will support a Senior Research Analyst in analyzing individual biotech companies and market trends; composing company-specific and thematic research reports; building and maintaining financial and market models; interviewing physicians and company executives; conducting deep scientific and clinical due diligence; and interacting with Cowen's institutional sales force, traders, investment bankers, and investor clients.

Requirements

• Undergraduate degree.
• 2+ years related experience.
• Exceptional academic pedigree, including a higher degree in a life science-related field (PhD and/or M.D.) preferred.
• Holds or is working towards a CFA designation preferred for publishing analysts and associates.
• Outstanding analytical skills.
• Good verbal and written communication skills.
• Proven ability to work well on teams, self-motivated, showing initiative, and a willingness to work hard.

Nice To Haves

• MBA or CFA a plus.
• Hard work ethic, attention to detail, analytical, curious, optimistic, tenacious with a desire to learn about the bio-pharmaceutical industry.
• Passion for investing.

Responsibilities

• Compiles, analyzes, and evaluates data, conducting modeling on multiple data inputs related to assigned companies/industries and/or financial markets and economic analysis research reports.
• Assists in the development of valuation tools and provides advice to institutional clients.
• Assists in the preparation of forecasting models (e.g., forecast quarterly and annual earnings).
• Maintains and enhances financial models and databases.
• Stays current on market data, economic information, and key industry developments.
• Develops and maintains contact with market participants.
• Works closely with senior research leads on the ongoing publication of research reports and may assist with ad hoc projects as assigned.
• May have interaction with clients; develops and presents client presentations.

Benefits

• Base salary and variable compensation/incentive awards.
• Health and well-being benefits.
• Savings and retirement programs.
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO).
• Banking benefits and discounts.
• Career development opportunities.
• Training and onboarding sessions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees