Equity Research Associate – Biotechnology

Piper Sandler connects capital with opportunity to build a better future. We believe that diverse teams with unique backgrounds, skills, and experiences yield more innovative solutions. This commitment is reflected in our effort to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment—supporting personal success and adding value to our teams and communities.

We are currently looking for an Equity Research Associate to join our Healthcare Group, specifically with the Biotechnology team at our New York, NY office.

This role offers a unique opportunity for an ambitious professional to play a meaningful role in our Biotechnology group. As associates develop industry expertise, they will take on additional responsibility for marketing the team’s research and investment recommendations to our sales force and to institutional investors.

Responsibilities

• Work in partnership with the senior analyst to conduct extensive company and industry research
• Create financial models and valuation analyses
• Write company reports and industry reports, and develop investment recommendations
• Form relationships with company management teams through meetings, calls, roadshows, and similar activities
• Make company visits and attend industry conferences

Requirements

• Minimum of a master’s degree or Ph.D. in Science
• 1 year of relevant work experience in Life Sciences and/or 6 months to 1 year of Equity Research Associate experience on the sell-side in Biotech
• Ability to thrive in a demanding, fast-paced environment that requires quick thinking and independent work
• Strong interest in the stock market, with a demonstrated record of professional, academic, and personal achievement
• Outstanding interpersonal and written communication skills
• Outstanding quantitative and organizational skills
• Strong competitive spirit balanced by a proven ability to work as part of a team
• Strong background in the biological sciences
• Securities Industry Essentials, Series 86 and 87 required (or willingness to obtain)
• Progress towards CFA is a plus

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice, and a differentiated, highly productive culture.

In equities, our sales and trading teams facilitate public offerings in our core sectors and dedicate significant levels of firm capital to ensure the highest aftermarket support. We are a market maker and/or transact in 2,500 securities, offering traditional, algorithmic, and program trading approaches. Our 50+ senior analysts produce industry-leading, deep-sector research on more than 800 stocks under coverage, including one of the largest small/mid-cap coverage universes on the Street. We also empower our investors with focused, best-in-class macro research.

Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees.

The anticipated starting salary range for individuals expressing interest in this position is $75,000 - $125,000 per year. Placement within this range is dependent upon level of experience, location, and other factors. This position is eligible for annual incentive compensation, which will be part of the total compensation. Total compensation for this position will be competitive with the market.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran, or status with regard to public assistance.