Equity Research – Healthcare – Associate

Are you passionate about healthcare and driven to set and achieve ambitious goals? Join our Equity Research team and help shape the future of the healthcare sector. As an Analyst/Associate, you’ll leverage advanced tools, models, and data to provide clients with original, high-impact research and strategies. Our team is dedicated to delivering first-class research, which is core to our value proposition and what our clients expect from us.

As an Associate in the Healthcare Research team, you will work with us to analyze industry trends, company fundamentals, and market dynamics. You will help deliver high-quality research and insights to our clients, collaborate on cross-sector projects, and play a key role in supporting the team’s franchise in the fast-evolving healthcare space.

Job Responsibilities

• Contribute to thematic and sector-specific reports on the healthcare industry; collaborate on cross-sector projects with other teams.
• Handle day-to-day client requests and provide timely, insightful responses.
• Communicate your team’s research ideas persuasively to internal and external stakeholders, tailoring communications to client needs.
• Organize and participate in fact-finding trips, company visits, and channel-check meetings for clients and investor tours.
• Suggest new approaches or ideas to enhance the team’s research franchise and business impact.
• Understand and adhere to the firm’s risk management policies and applicable legal and regulatory rules.

Required Qualifications, Capabilities, and Skills

• At least 1 year of experience with proven analytical skills, ideally in equity research, healthcare, or related fields.
• PhD degree or MD degree or equivalent, preferably in a healthcare, life sciences, medicine-related field.
• Ability to independently arrange and conduct fact-finding trips and channel-check meetings.
• Strong analytical and quantitative skills, with an entrepreneurial drive.
• Ability to build and maintain robust financial models (base and sensitivity cases) with minimal guidance; mastery of key model drivers.
• Deep understanding of the fundamentals and drivers of the healthcare sector, including competitive landscape and market risks.
• Ability to synthesize diverse information and articulate a clear, compelling investment thesis.
• Strong skills in verbal and written communication with the ability to explain complex healthcare subjects to general audience 
• Ability to leverage AI and machine learning tools into equity research work; Programing experience with AI agents and/or large scale data sets is appreciated

Preferred Qualifications, Capabilities, and Skills

• Strong preference for candidates with healthcare backgrounds who can process large data healthcare data sets, think outside the box, and conduct non-consensus/thematic research.
• Demonstrates creativity in problem-solving and seeks innovative approaches.
• Ability to thrive under competitive pressures and remain focused on client needs.
• Comfortable interacting with business clients and company management.
• Progress toward a CFA, or a CFA designation, is a plus.
• Mandarin language skills are highly preferred due to the focus on China-based companies.