Equity Research Intern - Biotechnology (Finance)
At Piper Sandler, we connect capital with opportunity to build a better future.
We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.
We are currently looking for an Equity Research Intern to join our Biotechnology Research Group within our New York, NY office.
In equities, our sales & trading teams facilitate public offerings in our core sectors and dedicate significant levels of firm capital to ensure the highest aftermarket support. We are a market maker and/or transact in 2,500 securities, offering traditional, algorithmic and program trading approaches. Our 50+ senior analysts produce industry-leading, deep-sector research on more than 1,000 stocks under coverage, including one of the largest small/mid cap coverage universes on the Street. We empower our investors with focused, best-in-class macro research. Our Institutional Investor top-ranked analysts utilize independent processes that provide impartial insights into economic trends, energy, portfolio strategy, technical analysis, policy actions and political developments. Learn more about our equities team here .
This Equity Research Intern position is at the associate level and offers a unique opportunity for an ambitious professional to play a meaningful role in our Biotechnology group. The individual will:
- Work in partnership with the senior analyst to conduct extensive company and industry research
- Create financial models and valuation analyses
- Write company reports, industry reports and investment recommendations
- Meet with company management teams and interview company customers, suppliers and competitors
- Make company visits and attend trade shows and industry conferences
- As associates develop industry expertise, they will have additional responsibility for marketing their team's research and investment recommendations to our sales force and to institutional investors, venture capitalists and private and public companies
Attracting only the very best professionals has been and will continue to be a key element of our success. We are focused on hiring candidates with genuine potential and interest for advancement within our firm. A successful candidate will possess the following characteristics:
- Ability to think quickly on one's feet and work independently
- Intense interest in the stock market and a demonstrated record of professional, academic and personal achievement
- Outstanding interpersonal and written communication skills
- Outstanding quantitative and organizational skills
- A strong competitive spirit balanced by a proven ability to work as part of a team
- Strong background in the biological sciences with either a Bachelor's degree, Masters' degree, MD or PhD preferred; fluent understanding of financial accounting preferred but not required
- Candidate must have already graduated, May 2024/December 2024.
- Strong writing and financial modeling experience required
- SIE, Series 86 and 87 required (or willingness to obtain within 90 days)
Please note that this internship is anticipated to be for a 3-month period and is subject to extension at our discretion.
Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee's health and well-being. Learn more about our benefits program and how we are here for our employees and their families today, tomorrow and beyond.
Interns are able to enroll in our company's 401k plan and are offered paid sick leave. Employees accrue one hour of paid sick leave for every 30 hours worked up to a maximum of 48 hours annually
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.
The anticipated starting hourly range for New York City-based individuals expressing interest in this position is $21 - $30 an hour. Placement within this range is dependent upon level of experience.
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