Equity Research Intern - Biotechnology

Job Description:

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 at our New York, NY office.

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.

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 interns 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:

•          Ph.D., Master's degree in science related fields or Undergraduate degree in science related field with at least 2 years of work experience in the healthcare sector

•          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 

•          Fluent understanding of financial accounting preferred but not required

•          Strong writing and financial modeling experience required

•          SIE, Series 86 and 87 required (or willingness to obtain within 90 days)

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, well-being, our benefits program and how we are here for our employees and their families today, tomorrow and beyond here.

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 individuals expressing interest in this internship is $21 - $30 an hour.  Placement within this range is dependent upon level of experience, location and other factors. Please note that this internship is NOT a summer internship. It is intended to become a full time role soon after completion of an anticipated to be for a 6-month period. Consideration for a full-time position is dependent on performance.

If offered full time role post internship: The anticipated starting salary range for individuals expressing interest in this position is $80,000 - $125,000 per year.  Placement within this range is dependent upon level of experience, location and other factors.  This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.