Research Associate - Biotechnology

Biotechnology & Equity Research Opportunity in Financial Services

Research Associate

Preferred location: 640 5th Avenue, New York, NY 10019

This position is open to qualified candidates in all locations and remotely.


We have an exciting opportunity for a highly motivated Research Associate to join our Small/Mid-Cap Biotechnology team within Ladenburg Thalmann, a member of Advisor Group.  Ladenburg Thalmann & Co. Inc., Ladenburg’s investment bank, has been a member of the New York Stock Exchange for 140 years and offers a full suite of investment banking and capital markets products and services, including proprietary equity research and a fixed-income trading desk.

The ideal Research Associate candidate has a strong work ethic and should be comfortable working independently as well as in a fast-paced team-oriented environment.  We make a strong commitment to Associate development and give you opportunities to rapidly gain visibility and incremental responsibility.

We look for team players who seek a highly rigorous and collegial environment for their career development.  These are typically two to four-year positions with outstanding growth potential. Historically, our Research Associate positions have proven to be excellent platforms for successful professional careers in financial services industry.

Primary responsibilities:

  • Assist team in expansion of coverage through initiation reports
  • Perform data collection and monitor investor news services
  • Build and update complex financial models (DCF, NPV, comparable analysis)
  • Perform financial and valuation analysis of covered companies in the biotechnology space
  • Analyze clinical and preclinical data to assess the pros and cons of a developing asset, often in relation to competing medical discoveries
  • Associates are responsible for writing and producing equity research reports, company initiations, and marketing presentations—often under very tight time constraints.
  • Perform all other duties as assigned. 

Education Requirements:

  • Advanced life sciences or medical degrees (MD and PhD) are required, preferably with an oncology background

Basic Requirements:

  • Ability to analyze scientific literature and data
  • Excellent communication skills: this role entails significant writing and PowerPoint responsibilities
  • Exceptional analytical capabilities
  • Strong interpersonal skills
  • Evidence of resourcefulness, adaptability, flexibility, grit, creativity, multitasking, attention to detail
  • Ability to work independently and as part of a team
  • Willingness to work hard and learn
  • Demonstrated interest in corporate finance & equity markets

Preferred Requirements:

  • Previous equity research experience is preferred
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Equal Opportunity Employer

Advisor Group is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.


Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Advisor Group.

Unqualified Applications

Advisor Group does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Recruiting Agencies

Advisor Group only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.