Investment Banking Analyst - Royalty Monetization Advisory (Experienced/Lateral)

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.

Join William Blair, the Premier Global Partnership.

Execute in-depth analyses to support new business development, transaction execution and the delivery of royalty advisory products and services to clients and prospects. The target client base includes corporations and academic research centers that receive royalties from licensed technologies. The role emphasizes valuation and structural analysis, employing methodologies from both equity and debt underwriting domains. Perform research and financial modeling, create deal-related and business development marketing materials, apply core valuation methods, and complete due diligence activities at the direction of the Royalty Monetization team lead. Work closely with client staff to advance projects, gathering necessary information, describing financial modeling methodology and presenting results directly related to the scope of analysis. Develop royalty-specific expertise with guidance and training from senior team members. Provide training and mentorship to summer interns and less experienced Analysts.

Responsibilities include but may not be limited to:

• Perform extensive financial/valuation analyses for royalty transactions. Form varied approaches to analyses once fundamental base of approach is set.
• Build financial models to value biopharma assets and royalty cash flows. Execute core valuation methods, primarily discounted cash flow, and perform scenario and sensitivity analyses. Effectively synthesize information to convey complex financial modeling outcomes.
• Perform due diligence, research, analysis and documentation of potential and live transactions. Identify potential deal issues and properly escalate concerns to team members.
• Draft management presentations to highlight financial analysis and research results.
• Assist in the development, production and delivery of proposals and presentations to clients and prospects. Draft marketing materials, emphasizing the advantages of William Blair and its investment banking methods/approach.
• Participate in client meetings and drafting sessions.
• Research industries or sectors, as identified by senior bankers, to target certain clients or industries. Evaluate and improve BIC content. Leverage learnings across deals.
• Seek opportunities to streamline processes and propose solutions to complete tasks more efficiently.
• Support client relationship development by developing a detailed understanding of client needs and challenges, providing professional and responsive service and anticipating client information needs.
• Develop an understanding of macro factors related to client industry, investment banking products and potential implications.
• Mentor summer interns and invest in teaching subsequent classes of analysts, imparting best practices.
• Ensure all activities are in compliance with applicable rules, regulations, policies and procedures.
• Additional responsibilities as requested.

Qualifications:

• Bachelor’s Degree required
• Prior experience in investment banking, private credit or strategy consulting required; 2+ years of relevant experience as an Analyst, Consultant or equivalent strongly preferred. Candidates with strong analytical and financial modeling skills are encouraged to apply; prior royalty advisory experience is not required
• Biopharma sector experience is helpful but not required; willingness to develop sector knowledge is essential
• Strong valuation skills and a creative approach to financial structuring and Excel model development are priorities
• Proven track record in university studies required
• SIE Exam, Series 79, and Series 63 must be acquired within 150 days of employment (for US only)
• Detail-oriented with strong analytical abilities and demonstrated proficiency in financial modeling and valuation
• Excellent mathematical, writing, verbal and computer skills
• Ability to adapt to new tasks with little notice
• Ability to work on multiple projects simultaneously
• Strong desire to win
• Developing increasingly sound judgment
• Thorough understanding of accounting and finance
• Commitment to satisfying internal and external customers
• Travel required: approximately 5%

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