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 (sell side, buy side, investment banking) required; must hold necessary licenses
  • Science background essential; MD or PhD preferred
  • Motivated for long-term growth in the sell-side industry
  • Detail-oriented problem solver and effective team player
  • Strong analytical skills to interpret clinical and preclinical data
  • In-depth knowledge of drug development and the FDA approval process is advantageous
  • Excellent written/verbal communication skills, typing over 120 words per minute
  • Experience in writing sell side reports and creating detailed financial models

Responsibilities

  • Support a senior biotechnology analyst in achieving top-ranking status in the industry
  • Conduct proprietary research on drug pipelines through literature review, conferences, and expert consultations
  • Write research reports for coverage initiations and conduct data analyses
  • Analyze pharmaceutical intellectual property and patent litigation cases
  • Develop and maintain financial models and presentations
  • Create and implement unique project ideas
  • Engage with company management, internal teams, and institutional investors

Benefits

  • Dynamic work environment in a prestigious investment bank
  • Collaborative team focused on achieving high performance
  • Opportunities for professional growth and development in equity research
  • Engagement with leading experts in the biotech industry
  • Exposure to high-profile institutional investors and management teams
Full Job Description
Top investment bank 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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