Equity Research is part of J.P. Morgan’s number 1 ranked Global Research franchise. Each team is grouped by sector expertise and aims to provide actionable ideas and thematic insights that empower our institutional clients to make well-informed and strategic investment decisions. We bring clarity to complex situations through extensive sector knowledge and a deep understanding of global markets.

As an Equity Research Analyst or Associate within the Pharma & Biotech Equity Research Team, you will be tasked with cultivating a deep understanding of equities, markets, and companies, with a special emphasis on the  Pharma & Biotech sector. Your role will involve collaborating closely with our top-tier team under the mentorship of senior analysts to create insightful reports on companies, sectors, and thematic trends. You will also be responsible for conveying our team's insights on stocks and sectors to our institutional clients. Beyond your immediate team duties, you will be a part of a community of intelligent, inquisitive, and collaborative team members who are given substantial responsibility and exposure early in their careers. We provide extensive training and professional development across the department to support career progression.

Job Responsibilities

Work with senior colleagues in the team to provide thought-leadership to institutional clients with respect to the Pharma & Biotech sector with potential for stock coverage based on candidate readiness Maintain and update valuation models and databases Build and maintain therapeutic models for different diseases Prepare materials for the regular publication of research reports, including data analysis and presentation Contribute to the writing of research reports, including quarterly results alerts, stock reports, and thematic pieces Communicate with institutional investors and company representatives, as well as internal clients (Sales, Sales-Traders, and Traders) Stay abreast of company and industry developments

Required Qualifications, Capabilities, and Skills

Strong interest in the Pharma & Biotech and a willingness to specialize in this area. Excellent communication skills, both verbal and written; you can engage and influence partners and stakeholders Enthusiasm for a team-focused environment where each individual’s insight and expertise is valued An analytical approach to building and maintaining financial models Strong numeracy skills Great attention to detail Relationship-building skills — you should feel comfortable connecting with a wide range of individuals, have the ability to communicate clearly, concisely, and confidently both to colleagues and external clients, and possess a talent for distilling complex issues into specific conclusion

Preferred qualifications, capabilities, and skills

Strong modelling skills, with the ability to forecast Degree in Physical or Life Sciences Experience in the Pharma Industry, Accounting or Consulting advantageous but not essential

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.