Role Summary
Perform fundamental analysis of the biotech sector to identify the key trends and the best-positioned companies. The analyst will work closely with the biotech team and will be responsible for coverage of biopharmaceutical stocks across the market cap spectrum. The role entails performing all aspects of fundamental biopharma security analysis including scientific/clinical due diligence, financial and market modeling, conduct interviews of company personnel on all levels, their competitors, suppliers, etc., as well as industry experts and Wall Street analysts; and communicating investment recommendations to the platform.
Responsibilities
Conducts primary research on companies and industry by researching, reading financial statements & market data, interviewing management team meetings, and consulting with key opinion leaders to gain a deep understanding companies within the sector and major developments in the field. This due diligence will help support an Analyst’s recommendations for buying/selling specific stocks.Makes recommendations to Portfolio Managers to buy/sell specific stocks that the Analyst feels will positively impact the performance of the portfolio. This requires good judgment on the part of the Analyst.Positions ideas and convinces Portfolio Managers to act on a recommendation to buy/sell a stock. This requires the Analyst to articulate to the Portfolio Manager the risk/reward payoff of the recommendation.Effectively follows up with the Portfolio Manager once they have executed on a recommendation made by the Analyst. This requires the Analyst to provide constant feedback on all meaningful changes in the “story” of the stock to the Portfolio Manager to ensure they have adequate information to make future decisions on the stock.
Qualifications
Required:
Academic excellencePassion for investingKnowledge of financial and biotech marketsLevel of maturity and judgment which gives confidence in stressful situations.Competitive natureStrong interest in stocksStrong quantitative skillsStrong writing skills
Preferred:
At least 3-5 years of relevant of relevant investment or biopharma industry experience.
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
Investment Analyst: Biotechnology
T Rowe Price · Baltimore, MD