Equity Research Associate- Medical Supplies & Devices
About the Role:
Wolfe Research is seeking an Associate to join its Institutional Investor-ranked Medical Supplies & Devices Team. The Associate will report to the Senior Analyst and will be responsible for assisting in all aspects of the franchise including modeling, note writing, and helping to create differentiated research analyses.As they develop, responsibilities will expand to include communicating with clients and sales/traders, as well as participating in the creative process. The role requires accuracy, attention to detail, and a great deal of critical thinking. Strong writing, modeling, Excel, and PowerPoint skills required.
Experience in equity research, investment banking, public accounting, consulting or in the industry is preferred. The candidate should also have a strong interest in the field of medicine.
Responsibilities & Professional Experience:
- Demonstrated ability to generate ideas: work closely and communicate effectively in a time sensitive environment, ability to balance multiple priorities and meet deadlines, strong organizational skills, client service minded and strong writing skills
- Creative thinker with strong problem-solving skills: working with large data sets in Excel/Access, and ability to source and process information independently
- Strong communication skills: particularly an ability to write efficiently and concisely using correct grammar
- Technical skills: Bloomberg and/or FactSet skills helpful, advanced Excel (macros, pivot tables, conditional formatting, short cuts), and statistics (regression, variance, covariance, and correlations)
- Use mastery of Excel functions: shortcuts, developing complex logic formulas, mastery of reference formulas, ability to integrate graphics/data tables, formatting, and basic programming
- Good familiarity with financial concepts including: the basics of corporate finance such as 3-statement financial modeling; forecasting; and valuation techniques
Requirements:
- 1-3 years of experience working in a similar financial role already, either on the "buyside" or "sell-side" in the healthcare space, Medtech industry role (ideally in a business function such as sales & marketing, business development or portfolio assessment), a consulting role where clients are Medtech companies, investment banking role, or public accounting role
- Bachelor's Degree or higher form an accredited college or university, concentration in Finance, Accounting, Math, or Statistics preferred
- MBA, CPA or PharmD in a scientific area relevant to the job is not required, but is a plus
- Comfortable working 10+ hour workdays and some weekends
- Advanced understanding of financial modeling, experience building and maintaining 3-statement models. CFA is a plus
- Series 7, 63, 86 & 87 is preferred, or expected to be completed within the first 12 months of joining
- Excellent written and verbal communication skills
- Must enjoy following the stock market and developing industry themes
- Eager to work in a fast-paced environment both independently and collaboratively
- Demonstrated academic ability with a minimum 3.5 GPA
- Location can be in New York or Boston
In addition, we offer an annual discretionary incentive bonus and competitive employee benefits including: medical, dental and vision coverage; life, accident and disability insurance. Wolfe also offers paid time off packages that include vacation, sick days/leave, paid holidays and paid parental leave.
About Wolfe
Wolfe Research, LLC is a premier independent sell-side research firm with a commitment to best-in-class content and ongoing strategic growth. We produce the most objective and distinguished research across our covered sectors, and deliver our services with intense care and specificity to each of our institutional clients.We strive for excellence in every facet of our business, and we will continue to differentiate ourselves by maintaining the highest standards for effort, client service, thoughtfulness, and integrity. Wolfe remains committed to providing a home for the top-ranked, most innovative and inspired analysts and sales people, and places significant emphasis and resources on mentoring talent.
The firm has established a leading reputation for sector and macro research. Our QES product provides leading stock selection models, cutting edge portfolio analytics and hedging tools, highly ranked ESG product, and back-tested alternative data.Wolfe Research’s analysts were voted #6 on a weighted basis for equity research during 2024 by institutional clients in the prestigious “Institutional Investor” All-America Research Poll, trailing only significantly larger bulge bracket firms, who have historically not been viewed as our peers.
We strive for excellence in every facet of our business, and we will continue to differentiate ourselves by maintaining the highest standards for effort, client service, thoughtfulness, and integrity. Wolfe remains committed to providing a home for the top-ranked, most innovative and inspired analysts and sales people, and places significant emphasis and resources on mentoring talent.
For more information about Wolfe Research, please visit us at: www.wolferesearch.com
Wolfe Research recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender identity or sexual orientation, disability, age, citizenship or other characteristics. At Wolfe Research, we strive to be the place where a diverse mix of talented people want to come, to stay and do their best work.We pride ourselves on bringing integrity and objectiveness to our research process and we know our company’s biggest strength is the hard work, collaboration and diverse views and opinions of our passionate and creative employees. We are fully focused on equality and believe deeply that diversity of race, gender, sexual orientation, religion, ethnicity, national origin and all the other fascinating characteristics that make us different, also make us stronger.