Job Description
Job Description
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:
The firm 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: building and maintaining financial models, performing fundamental analysis and due diligence on biopharmaceutical companies, writing investment-driven research reports, developing and fielding industry surveys, attending medical and scientific conferences, and undertaking a wide array of industry analyses and competitive assessments. The associate will have broad exposure to company management and investor conferences, and will interface with key opinion leaders, institutional investor clients, and internal sales force and trading personnel.
Our ideal candidate has an undergraduate degree in a related field of study, including biology, chemical engineering, biochemistry, biomedical engineering, biotechnology, molecular biology, genetics, or pharmacology. An advanced degree in a related field is a plus, but not a requirement.
Minimum of one year of sellside equity research experience is required.
The ideal candidate pays excellent attention to detail, is skilled at time management, has a strong work ethic, effective oral and written communication skills, and an outstanding academic record.
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.
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 biopharmaceuticals equity research, drug development, or related field preferred.
- Proficiency in Microsoft Office; FactSet, Bloomberg would be a bonus.
- Fully FINRA registered (SIE, Series 7, 63, 86, 87) is preferred.
Compensation:
For job postings in New York State, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the State 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.