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Equity Research Associate

Janney Montgomery Scott LLC, 1166 Avenue of the Americas, New York, New York, United States of America Req #275
Monday, October 28, 2019
Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments.  We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

The Equity Research Associate will conduct fundamental analysis on a select group of companies in the biotechnology and specialty pharmaceutical sector.  This individual will develop and publish written investment recommendations for these companies based on comprehensive industry and company research through various sources of information, including review of public documents, annual reports, scientific journals, networking with industry contacts as well as interviews with senior management.  Additionally, this individual will focus on providing value-added research in support of an experienced Senior Analyst.  Responsibilities include financial modeling, writing industry & company reports, speaking with industry contacts/company management, and communicating investment ideas to institutional and retail clients, salespeople and traders. 



  • Research and write reports while responding to requests for data, information and calls from internal and external clients

  • Conduct in-depth analysis of scientific literature and clinical data

  • Create and maintain financial models

  • Keep abreast of industry-related news flow

  • Regularly interact with equity sales force

  • Other duties as necessary




  • Bachelor’s Degree required with a concentration in biology or life sciences preferred

  • 3+ years of experience preferred

  • Must have intellectual curiosity, a strong work ethic and be a team player

  • Ability to work in a fast-paced environment

  • Demonstrated ability to analyze scientific literature and clinical data

  • Strong verbal and written skills

  • Prior experience with financial modeling and valuation is a plus but not required

  • Advanced scientific degrees (PhD or MD) preferred but not required

  • Series 7 license - successful completion of the Series 7 exam will be required within six months of employment  


Janney is dedicated to promoting and supporting diversity within our workplace.  We provide an environment that promotes respect, integrity, teamwork, achievement and acceptance regardless of age, disability, education, gender, gender expression, gender identity, job level, marital status, military status, national origin, parental status, pregnancy, race, religion, sexual orientation, socioeconomic status, or other protected factors. Janney is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities.

Other details

  • Pay Type Salary
  • Janney Montgomery Scott LLC, 1166 Avenue of the Americas, New York, New York, United States of America