Job Title Pharmaceuticals Equity Research Associate

Location London

Corporate Title Associate

Deutsche Bank Research is responsible for economic and financial analysis within Deutsche Bank Group and covers asset allocation and all major industry sectors. We analyse relevant trends for the Bank in financial markets, the economy and society, highlight risks and opportunities and act as consultant for the Bank, its clients and stakeholders. Deutsche Bank Research delivers high-quality analysis and promotes public debate on economic, fiscal, labour market and social policy issues.

You will sit with the Healthcare team in London. Your responsibility will be to assist/ support the team in producing equity research with the ultimate aim of assisting asset managers in making choices for which stocks to invest in within specific sectors. This involves detailed therapeutic and clinical data analysis, financial modelling, assisting the on-going production of written research to promote investment views and conducting primary and secondary market research to formulate and substantiate the views in Deutsche Bank’s equity research product.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect: 

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Support asset managers choose which stocks to invest in within specific sectors. Using publicly available information, assess the financial performance and strategy of the companies in the sector and then form a view on the relative and absolute valuation of each company
• Support institutional asset managers decide which companies are worth investing in and which are worth avoiding
• Involvement with primary/secondary market research, financial modeling and writing research notes
• Assist/ support the Lead Analyst with stock coverage, preparation of financial models, authoring draft research notes
• Build and leverage relationships with companies under coverage while also collaborating with the corporate access team to help organise client events and expert calls

Your skills and experience

• Educated to undergraduate degree or equivalent qualification/work experience, in life sciences is required with higher scientific degree (such as a Doctor of Philosophy (PhD) or financial qualification (Associate Chartered Accountant/Chartered Financial Analyst (ACA/CFA) preferred
• Previous relevant professional experience in a relevant role (biopharmaceutical industry/consulting or finance preferred)
• An equity research background and relevant experience is not necessary but some experience or demonstrable interest in the biopharmaceutical industry required

How we’ll support you

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.