The biotech analyst position is a key member of the Healthcare Fund at Seligman Investments, part of Columbia Threadneedle Investments, an asset manager with over $1 trillion in assets under management and administration. This is a unique opportunity to join a growing fund with an entrepreneurial spirit integrated in a highly established and reputable investment firm/ platform. Our team has presence in New York, Menlo Park, Miami, and Boston.
Key Responsibilities
- Biotech sector coverage reporting to the Healthcare Portfolio Manager
- Develop investment theses by researching the industry and specific companies through medical and scientific due diligence, channel checks, earnings calls, company meetings, conferences and sell-side events
- Ability to accurately analyze complex medical literature, scientific data, statistical models and quickly distill key information that will impact investment decisions
- Communicate effectively research and new developments on a daily basis and track information about sector, companies, drug classes, regulatory and reimbursement decisions in a central repository
- Create valuation analyses on sector companies to arrive at price targets for existing holdings and price discrepancies on prospective holdings, based on fundamental drivers and a consistent valuation approach
- Develop trade recommendations rooted in carefully analyzed risk/ reward
- Deep understanding of financial statements and ability to create and maintain detailed financial models
- Strong work ethic, highest integrity, drive for results, entrepreneurial spirit, intellectual curiosity and honesty contributing to a positive culture and team environment
Required Qualifications
- 5+ years in the biotechnology/ pharmaceutical sector either in clinical, scientific, financial services, or industry capacity
- 2+ years of experience as a dedicated investment analyst covering biotech/ pharmaceuticals for an institutional asset manager
Preferred Qualifications
- Experience covering both biotech and pharmaceuticals across all key therapeutic areas for a hedge fund
- Experience with private investments and derivatives
- Advanced degree (eg, MS, PharmD, PhD, MD)
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Base Pay Salary
The estimated base salary for this role is $175,000 - $250,000/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Investment Management
Line of Business
AMINV US Asset Management
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What We Do
Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals. We believe that with the right advisor, the right advice, and the right firm, life can be brilliant. Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states. Learn how you can build your career at Ameriprise Financial. *Ameriprise Financial Q2 2020 Statistical Supplement All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested. By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial. Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.
