Research Associate - Biotechnology

Who We Are:

Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full-service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

Job Description:

Oppenheimer & Co. Inc., a leading mid-tier investment bank, is currently seeking a Research Associate to join our Biotechnology equity research team. The position is located in New York City.

As a Research Associate, you will work directly with the Senior Research Analyst on many aspects of the research process including: writing investment-driven research reports, developing and fielding industry surveys, attending medical and scientific conferences, building and maintaining financial models, performing fundamental analysis and due diligence on a variety of therapeutics companies, and undertaking a wide array of industry analyses and competitive assessments. The associate will have broad exposure to company managements and investor events, and will interface with key opinion leaders, institutional investor clients, and internal sales force and trading personnel.

A strong candidate is independently motivated, analytically minded, and intellectually curious; possesses at least some experience with financial modeling and exposure to the equity markets; and, has a passion for life sciences investing.

Attention to detail, a strong work ethic, effective oral and written communication skills, and an excellent academic record are required. An advanced degree (e.g. MS, MBA, MD, and/or PhD) would be a plus, but is not required.

We look for people who possess the following characteristics:

• Exceptional academic background.
• A thorough understanding of the investment process and the ability to perform deep primary research.
• Excellent quantitative and financial modeling skills. Associates are responsible for building and maintaining company financial models and for organizing and updating industry data.
• Strong writing skills. Associates are responsible for authoring equity research reports, company initiations, industry reports, and marketing presentations—sometimes under tight time constraints.
• Responsiveness, professionalism, and the ability to manage priorities to meet deadlines.
• Experience in biotechnology equity research, drug development, or related field preferred.
• Proficiency in Microsoft Office; FactSet, Symphony, Bloomberg would be a bonus.
• (FINRA Registrations: SIE, Series 7/63/86/87) preferred.

Compensation:

For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $100,000.00 - $150,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.