Job Information
Bank of America Equity Research Analyst/ Associate - Medical Technology & Devices in New York, New York
Equity Research Analyst/ Associate - Medical Technology & Devices
New York, New York
Job Description:
The Medtech team currently covers 35-listed companies across a broad range of industries and subsectors within the medical technology sector including cardiology, ophthalmology, orthopedics, diabetes, surgical robotics, general surgery, neurosurgery and several others. In addition to coverage of publicly traded companies, the team regularly vets a number of private device companies for potential IPOs.
The candidate for the position should be intellectually curious and have a deep desire to learn. Although neither a basic science or direct medical background is required, it is very desirable as it shortens the learning curve and facilitates communication with companies and clients. Given the team’s heavy vetting load and fast-paced nature of the medical device information cycle, the candidate should also have some experience with financial modeling and quantitative analysis, as well as strong verbal communication and writing skills.
The ideal candidate possesses experience in Medtech sell-side research or healthcare investment banking with a medical degree or medical or industry background. Medical areas of experience that are most valuable would be cardiovascular interventional medicine and diabetes.
The candidate will work alongside Senior Analysts and Associates in all aspects of the research process, from idea generation to modeling, including but not limited to the following:
Perform complex financial modeling & valuation work
Write regular industry and company reports and company launch initiations from scratch
Develop databases integral to our research product
Demonstrate strong industry knowledge and business judgment
Work with Senior Analysts to develop key industry themes
Build relationships and facilitate information flow with contacts at covered companies
Participate and contribute to client meetings and events
Attend meetings and interact with key opinion leaders
Closely follow and understand market, industry and company specific activity, and relay to analyst when traveling
Seek out new, unusual sources of information
Leverage our robust network of industry contacts
Interact regularly with clients
Qualifications:
Bachelor’s Degree or equivalent years of experience. Medical degree not necessary but desired
Min 3 years of experience in research, banking or buy/sell side experience focusing in the Medtech/healthcare space (Specificallyareas of experience in cardiovascular interventional medicine and diabetes)
Experience with Bloomberg and/or Factset tools a distinct positive
Major(s) and areas of academic excellence must include Accounting and Finance
Strong writing and spreadsheet skills. Must be an expert at MS Word and MS Excel
Must enjoy working in industry databases and websites, and doing desktop and field research
Along with Finance and Accounting, should have a basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
Must have strong modeling skills
Must have excellent communication skills, written and verbal
Must have strong attention to detail, ability to multi-task
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .