Research Associate, Biotechnology - New York, United States - Royal Bank of Canada

Royal Bank of Canada New York, United States

4 weeks ago

Full time

Description

Job Summary

Responsible for fundamental analysis of companies in the Biotechnology sector

Job Description

What is the Opportunity?

Research Associate responsible for fundamental analysis of companies in the Biotechnology sector

What will you do?

Develop an expertise in the Biotechnology sector
Assist in the development and detailed modeling of company specific financial models
Coordinate, generate and maintain research reports, presentations and databases
Provide research support to analyst as required
Incumbent is in the process of developing core Research Associate skills
Support and answer client queries as they relate to the sector
Proactively identify operational risks/ control deficiencies in the business
Review and comply with Firm Policies applicable to your business activities
Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.

What do you need to succeed?

Basic Qualifications (Legislative Requirement)

PhD, MD, or similar advanced degree in life sciences field relevant to therapeutics
NYSE Licensing Requirements – Series 7, 63, 86 & 87, SIE

Other Required Qualifications:

1-2 years of work experience in a non-academic setting such as biopharma industry/drug development, life sciences consulting, or investment banking is a plus
Familiarity with accounting and financial modeling
Previous exposure to the biopharmaceuticals sector
Efficient writing capabilities
Strong computer skills (Excel) with ability to quickly learn new platforms
Detail oriented with solid analytical skills and ability to synthesize data points into trends beyond the mainstream
Energetic, self-motivated and an ability to perform under pressure and meet time sensitive deadlines, sometimes for extended periods of time
Demonstrated passion for equity/financial markets
Prior sell-side equity research experience in biotechnology, pharma, or specialty pharmaceuticals is a plus
Good understanding of financial/stock market
Knowledge of Wolters Kluwer software and IMS are a plus

AUTHORITIES, IMPACT, RISK

Regular interaction with clients
Supporting Senior Analyst

KEY RELATIONSHIPS

Internal clients including sales and trading
External clients as required

WORKING CONDITIONS

The work environment is based on a office/trading floor, thus little physical effort is required
The office environment can be a high stress environment that requires quick turnaround and decision making

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $100,000 - $160,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Drives RBC's high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.