Analyst/Associate - Equity Research, Pharmaceuticals & Biotechnology - Job Opportunity at Bank of America

New York, United States
Full-time
Mid-level
Posted: April 10, 2025
Hybrid
USD 70,000 - 175,000 per year

Benefits

Competitive financial sector compensation package
Career development in top-ranked research team
Professional development and FINRA certification support
Standard banking benefits package implied (healthcare, 401k, etc.)
Location premium working in prime NYC office space

Key Responsibilities

Lead complex financial modeling and valuation analysis for pharmaceutical companies
Conduct primary market research through healthcare professional interviews and surveys
Develop comprehensive industry reports and investment recommendations
Manage key stakeholder relationships with industry contacts and company executives
Monitor and analyze market-moving events in the biotech sector
Support institutional client interactions and business development

Requirements

Education

Bachelor's Degree with science focus (MS/PhD preferred)

Experience

1-4 years in biopharmaceutical industry

Required Skills

Excellent communications skills Strong writing abilities Basic financial modeling skills Microsoft Office proficiency Strong attention to detail Multi-tasking capability Collaborative teamwork

Certifications

FINRA SIE Series 7 Series 63 Series 86 Series 87
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Sauge AI Market Intelligence

Industry Trends

The biopharmaceutical equity research sector is experiencing increased complexity due to rapid therapeutic innovations and regulatory changes. Growing importance of specialized therapeutic areas and personalized medicine is driving demand for analysts with deep scientific knowledge. Post-pandemic market dynamics have created heightened focus on biotech valuations and pipeline analysis.

Salary Evaluation

The offered range of $70,000-175,000 is competitive for NYC-based associate-level equity research roles, with potential for significant bonus compensation typical in sell-side research.

Role Significance

Typically 3-5 person research team structure common in major investment bank coverage groups.
Mid-level position supporting a top-ranked senior analyst, with significant direct research responsibilities and client interaction.

Key Projects

Therapeutic area deep-dive research reports Quarterly earnings analysis and forecasting Market sizing and competitive landscape analysis Pipeline valuation and probability of success modeling

Success Factors

Deep understanding of both scientific and financial aspects of biotech sector Strong network development capabilities within healthcare industry Ability to translate complex scientific concepts into investment insights Excellence in quantitative analysis and financial modeling

Market Demand

High demand exists for professionals combining scientific expertise with financial acumen, particularly in specialized sectors like biotech. Top-tier banks are actively competing for talent in this space.

Important Skills

Critical Skills

Scientific background essential for understanding drug development and clinical trials Financial modeling expertise required for company and pipeline valuations Communication skills crucial for client interaction and report writing

Beneficial Skills

Programming skills for data analysis automation Healthcare regulatory knowledge Network within medical community

Unique Aspects

Association with top-ranked analyst provides exceptional learning opportunity
Hybrid work model offers flexibility while maintaining team collaboration
Combination of scientific and financial analysis creates unique skill development path

Career Growth

Typical progression to senior analyst role in 4-6 years with strong performance

Potential Next Roles

Senior Equity Research Analyst Buy-side Healthcare Portfolio Manager Healthcare Investment Banking Biotech Strategy Consultant

Company Overview

Bank of America

Bank of America represents one of the largest global financial institutions with a strong equity research franchise.

Consistently ranked among top global research providers with significant institutional client base.
Major presence in NYC financial hub with global reach in healthcare coverage.
Fast-paced, research-driven environment with emphasis on intellectual rigor and client service.
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