Research Associate II - Biotechnology (Boston)

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We’re seeking a highly motivated and detail-oriented Associate to join our Biotechnology Equity Research team.

The ideal candidate will have a strong background in medicine/science (PhD/MD a plus) with 2+ years of relevant experience (consulting, banking, equity research, etc.) and a strong understanding of the biotech industry/stocks.

• Conduct in-depth fundamental research and analysis of biotechnology companies, assessing pre-clinical/clinical data, scientific risk, and commercial/competitive dynamics
• Lead diligence calls with physicians, scientists, and other external experts
• Communicate/present ideas to Analyst and develop written product synthesizing research into an informed investment thesis
• Build and maintain detailed financial models, including drug forecasts, income statements, balance sheets, cash flow statements, and discounted cash flow analysis
• Monitor industry and macro trends impacting the sector
• Clearly state and defend the Analyst's investment thesis and outlook for each of the stocks under coverage
• Respond to basic questions from institutional sales and clients regarding covered companies, and industry questions and data requests
• Some travel (up to 20%)
• Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Time Management - Managing one's own time and priorities to ensure the meeting of deadlines
• Oral and Written Expression - The ability to communicate information and ideas in spoken or written form so that others will understand.
• Economics, Accounting, Finance, and Securities Analysis - Knowledge of economic, accounting, and financial principles and practices, the financial markets, the industry, the analysis and reporting of financial data, and associated terminology.
• Minimum Required: Bachelor's degree in a scientific discipline; PhD and/or MD preferred
• Minimum Required: 2 to 4 years of relevant industry experience (consulting, banking, equity research) with a strong interest in the biotech industry

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook

The Stifel Equity Research Group is a recognized leader with a deep and broad spectrum of coverage.

Our award-winning analysts are thought leaders, many with hands-on experience in their respective industries, offering objective, in-depth analysis and timely, actionable research ideas.

Stifel is a top 10 provider of U.S. equity coverage in:

• Diversified Industrials

• Healthcare
• Real Estate
• Technology
• Transportation
• Business Services

• Materials