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US Biotech/Pharma Associate - Associate

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Deutsche Bank

Jul 24, 2024

Applications are closed

  • Job
    Full-time
    Junior (1-2 years)
  • New York

Requirements

  • Position Overview
  • Job Title US Biotech/Pharma Associate
  • Corporate Title Associate
  • Location New York, NY
  • The Equity Research Department seeks Associates with an MBA, Level 2 CFA and/or experience in sell-side equity research, investment banking, private equity, investment management or a bank.
  • Research Associates on the team will work closely with other team members to support the Senior Analyst in providing research coverage of stocks for use by external firm clients and other internal constituents.
  • In this role you will be an integral part of a bulge bracket sell-side US Equity Research team.
  • Skills You’ll Need
  • Ideally, you will demonstrate strong finance, accounting, and overall valuation skills.
  • An equal capacity to express quantitative conclusions in both written and spoken form.
  • Associates should be able to translate financial analyses into high quality charts and graphical representations for use in research reports.
  • Strong Microsoft Excel, Word, and Power Point skills (ability to create complex, yet easily understandable financial models for use by Senior Analyst and firm clients).
  • Strong work ethic; The ability to take initiative and ownership of projects and assignments, at times with more autonomy and little direction.
  • Strong teamwork and interpersonal skills in working with the research team, sales force, trading, firm clients, and company contacts.
  • Skills That Will Help You Excel
  • Excellent communication skills, both written and spoken.
  • Self-motivated.
  • Self-starter.
  • Expectations
  • It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.

Responsibilities

  • Direct involvement in company and industry research produced by the team
  • Financial modeling to forecast company results and value equity securities, collecting and evaluating industry data, maintaining industry databases
  • Translating quantitative financial conclusions into written form, charts and graphs that can be included in research reports and distributed to clients of the Firm
  • In addition, Research Associates should be flexible in switching between periods of heavy financial modeling and assignments that involve more qualitative writing and presentation skills.

FAQs

What is the job title for the position being offered?

The job title is US Biotech/Pharma Associate.

What location is this position based in?

This position is based in New York, NY.

What qualifications are preferred for this role?

Preferred qualifications include an MBA, Level 2 CFA, and/or experience in sell-side equity research, investment banking, private equity, investment management, or banking.

What are the main responsibilities of a Research Associate in this role?

Main responsibilities include direct involvement in company and industry research, financial modeling to forecast company results, translating quantitative conclusions into written forms and graphical representations, and maintaining industry databases.

What skills are necessary to succeed in this position?

Necessary skills include strong finance, accounting, and valuation skills, excellent communication skills in both written and spoken forms, proficiency in Microsoft Excel, Word, and PowerPoint, a strong work ethic, and strong teamwork and interpersonal skills.

What is meant by the hybrid working model mentioned in the job description?

The hybrid working model allows employees to have flexibility in their work environment, combining both in-office work and remote work.

What is the salary range for this position in New York City?

The salary range for this position in New York City is $135,000 to $175,000, excluding incentive compensation or any other type of remuneration.

Does Deutsche Bank offer benefits for its employees?

Yes, Deutsche Bank offers competitive compensation packages, health and wellbeing benefits, retirement savings plans, parental leave, and various educational resources.

Is experience in qualitative writing important for this role?

Yes, candidates should be flexible in switching between financial modeling and qualitative writing, indicating that strong writing and presentation skills are also important.

How does Deutsche Bank ensure an inclusive workplace?

Deutsche Bank promotes an inclusive workplace through Employee Resource Groups, diversity initiatives, and the encouragement of authentic representation of various backgrounds and experiences.

Is prior experience in equity research required for this position?

While prior experience in sell-side equity research is preferred, candidates with relevant experience in investment banking, private equity, or investment management may also be considered.

Does Deutsche Bank provide reasonable accommodations for employees and candidates?

Yes, Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

Finance
Industry
10,001+
Employees
1869
Founded Year

Mission & Purpose

At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.

Benefits

  • Home office flexible work time

    We support flexible working, whether that’s working from home, flexible working hours or even part-time working. However, it is important to note that opportunities will vary depending on your particular role.

  • Annual leave & more

    Employees are entitled to generous leave allowance (details should be discussed with local recruitment teams). Additionally, paid leave is granted for special events including, wedding/civil partnerships, compassionate leave, paternity leave or when you’re caring for a sick child. On top of the statutory 36 months of parental leave (Germany), Deutsche Bank offers an extra six months of parental leave – providing you have been with us for more than three years.

  • Support & Counselling

    Whether you need professional help or personal advice: Deutsche Bank offers a comprehensive support network ranging from career advice, mental health support, assistance in finding childcare or social care for the elderly.

  • Health insurance

    You can choose between statutory or a range of private health insurance options. Our statutory health insurance ‘Betriebskrankenkasse BKK’ is available exclusively to Deutsche Bank employees and their families. Aside from shorter waiting times for appointments, BKK provides access to expert medical consultations over the phone and regular health checks.

  • Sick pay

    Beyond statutory sick pay, Deutsche Bank will also cover the difference between your net salary and the statutory sickness benefit allowance. The duration of the sick pay will be dependent on the number of years you’ve worked with us.

  • Pension

    We understand that pensions can be a dry topic; however here at Deutsche Bank, we are dedicated to simplifying the complexities, so that all of our people can enjoy their lives beyond work. To provide a great foundation for your future, we provide our people with a comprehensive pension scheme that delivers all the security and all the flexibility you need.