The biotech analyst position is a key member of the Healthcare Fund at Seligman Investments, part of Columbia Threadneedle Investments, an asset manager with over $1 trillion in assets under management and administration. This is a unique opportunity to join a growing fund with an entrepreneurial spirit integrated in a highly established and reputable investment firm/ platform. Our team has presence in New York, Menlo Park, Miami, and Boston.

Key Responsibilities

Biotech sector coverage reporting to the Healthcare Portfolio Manager
Develop investment theses by researching the industry and specific companies through medical and scientific due diligence, channel checks, earnings calls, company meetings, conferences and sell-side events
Ability to accurately analyze complex medical literature, scientific data, statistical models and quickly distill key information that will impact investment decisions
Communicate effectively research and new developments on a daily basis and track information about sector, companies, drug classes, regulatory and reimbursement decisions in a central repository
Create valuation analyses on sector companies to arrive at price targets for existing holdings and price discrepancies on prospective holdings, based on fundamental drivers and a consistent valuation approach
Develop trade recommendations rooted in carefully analyzed risk/ reward
Deep understanding of financial statements and ability to create and maintain detailed financial models
Strong work ethic, highest integrity, drive for results, entrepreneurial spirit, intellectual curiosity and honesty contributing to a positive culture and team environment

Required Qualifications

5+ years in the biotechnology/ pharmaceutical sector either in clinical, scientific, financial services, or industry capacity
2+ years of experience as a dedicated investment analyst covering biotech/ pharmaceuticals for an institutional asset manager

Preferred Qualifications

Experience covering both biotech and pharmaceuticals across all key therapeutic areas for a hedge fund
Experience with private investments and derivatives
Advanced degree (eg, MS, PharmD, PhD, MD)

About Our Company
We're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $175,000 - $250,000/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Investment Management

Line of Business

AMINV US Asset Management