Jefferies Financial Group

Equity Research Associate - Biotechnology

Jefferies Financial Group$100K — $120K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-2+ years in healthcare investment research necessary (sell side, buy side, or investment banking)
  • MD or PhD preferred for science background
  • Aspiration to advance in the sell-side industry
  • Strong attention to detail and team collaboration skills
  • Proficient in analyzing preclinical and clinical data
  • Solid understanding of drug development and FDA processes is a plus
  • Excellent written and verbal communication abilities

Responsibilities

  • Support a highly motivated team aiming for top ranking in biotech
  • Conduct proprietary research and evaluate drug pipelines via various methods
  • Write comprehensive research reports and conduct deep data analyses
  • Investigate intellectual property issues and patent litigation in pharmaceuticals
  • Create and maintain financial models and presentations
  • Generate and execute innovative project ideas
  • Engage with company management, internal teams, and institutional clients

Benefits

  • Participate in a highly dynamic and ambitious team environment
  • Opportunity to engage with senior management and industry experts
  • Exposure to the latest developments in biotech through conferences and networking
  • Potential for significant career growth in the equity research field
  • Ability to develop specialized financial modeling skills
Full Job Description
Jefferies is seeking an equity research associate to support a rising senior biotechnology analyst covering mid- and small-cap biotech companies. Responsibilities will include: • Candidate should understand that the team is highly motivated to become top-ranked in the biotech industry • Conducting proprietary research and evaluating drug pipelines by analyzing scientific literature, attending medical conferences, and consulting industry experts • Writing research reports for initiations of coverage, deep dive data analyses, competitive landscaping, and industry/ company news • Delving into intellectual property and following patent litigation concerning pharmaceuticals • Building and maintaining financial models and powerpoint decks • Conceiving and executing on differentiated project ideas • Interfacing with company management teams, internal sales and trading personnel, and institutional investors Key Qualifications: • 1-2+ years of experience in healthcare investment research required (sell side, buy side, investment banking, etc). Must be fully licensed. • Science background required; MD or PhD preferred • Motivated to rise in the sell-side industry in the long-term • Hard-working, attention to detail, team player • Sharp analytical skills in dissecting preclinical and clinical data • Deep understanding of, or experience with, drug development and the FDA-approval process for pharmacologic treatments is desirable • High proficiency in written/verbal communication • Can type >120 words per minute • Has experience writing quality sell side reports, producing powerpoints, and creating detailed financial models (e.g. functioning three-statement models, DCFs, market models, etc) • Experience building financial models using excel is a plus Primary Location Full Time Salary Range of $100,000 - $120,000.

About Jefferies Financial Group

Jefferies Financial Group Inc. is a diversified financial services company that operates in investment banking, capital markets, asset management, and direct investing. The company was founded in 1962 and is headquartered in New York City. Jefferies Financial Group has operations in over 30 countries and employs over 4,000 people. The company's businesses include Jefferies, a global investment bank; Leucadia Asset Management, an asset management firm; and Berkadia, a commercial real estate company. Jefferies Financial Group is publicly traded on the New York Stock Exchange under the ticker symbol JEF.
Learn more about Jefferies Financial Group
Size
4,400 employees
Market Cap
$8 billion
Industry
Net Income
$775.2 million
5 Year Trend
-9.8%
Revenue
$6.7 billion

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