Research Associate – Medical Devices Position Available In New York, New York
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Job Description
Research Associate – Medical Devices
Location:
New York, NY Type of Hire:
Experienced Hires Division:
Equities Who We Are:
Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.
Job Description:
Oppenheimer & Co. Inc., a leading mid-tier investment bank, is currently seeking an equity research associate to join our Medical Devices franchise. The associate will be part of a three-person team which includes the analyst and another associate and will be involved in all aspects of developing and marketing equity research products, including research reports, models, and industry analysis. The position is located in New York City. Our ideal candidate has a strong background in finance and accounting and is proficient at modeling complex businesses. Strong analytical and writing skills are required. We prefer someone with some experience in equity research (FINRA registrations preferable), though we will consider all qualified candidates. A science/medical background and/or exposure to the medical device sector are plusses. The position demands independence, initiative, and entrepreneurship. Attention to detail, a strong work ethic, and ability to multi-task are also critical. Key responsibilities for this position include: preparing company-specific and industry-wide research reports and presentations; collecting, analyzing and interpreting information from a range of data sources, including scientific literature, medical conferences, physician interviews; building and maintaining company and industry models. We look for people who possess, or have the potential to possess, the following characteristics: Strong writing and analytical skills. Associates are responsible for writing and producing equity research reports, company initiations, and presentations—often under very tight time constraints;
Strong financial modeling, accounting, valuation, and quantitative skills. Associates are responsible for building and maintaining company financial statements and for maintaining industry data. Attention to detail is critical;
A passion for the stock market and equity research. It is highly advantageous to have prior exposure to the financial markets and equity research;
Strong communication skills. As time progresses, associates will interact with internal sales and trading and external clients. Responsiveness and professionalism is important;
An ability to perform duties under minimal supervision and become fully-licensed (FINRA
SIE/7/63/86/87
) within 6-12 months after starting if not already licensed;
PC skills: the position requires strong Excel skills and a fair command of Word, PowerPoint, Bloomberg and FactSet.
Compensation:
For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $100,000.00 – $150,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.