Research Associate III - Biotechnology

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success.

What You'll Be Doing

Under general supervision, the Research Associate III is primarily responsible for evaluating biotechnology therapeutic pipelines and competitive landscapes by analyzing data presentations and scientific literature, performing financial modeling, and providing organizational support to the senior level Research Analyst. The ideal candidate possesses high-level knowledge of oncology and/or immunology concepts. At this level, the associate should demonstrate proficiency in data analysis, competitive landscape diligence, and the basics of financial modeling. The role requires the ability to communicate complex scientific concepts in a clear and concise manner both orally and in writing. 

What We're Looking For

• Conduct proprietary research to evaluate drug pipelines by analyzing scientific literature, attending medical conferences, and speaking with key opinion leaders.
• Build and maintain Excel-based financial models, including income statements, balance sheets, cash flow statements, and drug revenue models.
• Written contribution to research reports for initiations of coverage, analysis of data, and company news.
• Build and maintain drug/indication competitive landscape analyses.
• Clearly state and defend the Analyst's investment thesis and outlook for each of the stocks under coverage.
• Respond to basic questions from institutional sales and clients regarding covered companies, industry trends, and data requests.
• Demonstrate the ability to work independently and use all resources to identify and locate relevant research materials.
• Continuously develop industry knowledge and stay up to date on industry news flow.

What You'll Bring

• High level understanding of scientific concepts related to drug mechanism of action and clinical endpoints - ability to analyze and draw novel conclusions from medical literature and clinical/pre-clinical data presentations.
• Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Time Management - Managing one's own time and priorities to ensure the meeting of deadlines.
• Oral and Written Expression - The ability to communicate information and ideas in spoken or written form effectively.

Education & Experience

• Minimum Required: Bachelor's degree in the biomedical STEM field, Masters or higher degree in relevant field preferred
• Minimum Required: 4 years of experience in biotech equity research or oncology focused healthcare consulting

Licenses & Credentials

• Minimum Required: SIE, Series 63, 86, and 87 expected to be obtained upon hire

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook

Compensation Range

About Stifel

The Stifel Equity Research Group is a recognized leader with a deep and broad spectrum of coverage. Our award-winning analysts are thought leaders, many with hands-on experience in their respective industries, offering objective, in-depth analysis and timely, actionable research ideas.

Stifel is a top 10 provider of U.S. equity coverage in:

• Aerospace & Defense
• Consumer & Retail
• Diversified Industrials
• Internet & Media
• Healthcare
• Real Estate
• Technology
• Transportation
• Business Services
• Energy & Power
• Materials