At a Glance
- Tasks: Conduct in-depth healthcare research and develop investment strategies with a dynamic team.
- Company: Join Goldman Sachs, a leading global investment firm with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Opportunity to evolve into a trusted investor with significant responsibilities.
- Why this job: Make a real impact in healthcare investing while growing your analytical skills.
- Qualifications: 2-5 years in healthcare equity research; strong financial modelling and communication skills.
The predicted salary is between 54000 - 66000 £ per year.
Description
The Opportunity
We are seeking a high-calibre Healthcare Equity Research Analyst to join our Fundamental Equities investment team.
This role is designed for an analyst who wants to develop from strong research execution into independent investment judgement.
You will work closely with the Senior Healthcare Analyst while contributing directly to investment discussions across a broad range of healthcare companies and subsectors.
The role may initially have particular emphasis on Life Sciences Tools, Managed Care, and Medtech.
However, we welcome candidates with experience from any healthcare subsector, including Pharmaceuticals, Biotechnology, Healthcare Services, and related areas.
The successful candidate will have the opportunity to contribute more broadly across the healthcare universe as research priorities and investment opportunities evolve.
From the outset, you will be expected to form evidence-based views, challenge assumptions constructively, and translate complex information into clear investment conclusions.
As you demonstrate analytical quality, judgement, and idea-generation capability, you will assume increasing responsibility for company coverage and subsector research.
Responsibilities
- Build, improve, and maintain rigorous sales forecasting and valuation models (including discounted cash flow, sum-of-the-parts, and relative valuation).
- Analyse quarterly results, clinical data, regulatory decisions, reimbursement changes, competitive developments, management commentary, and M&A activity.
- Conduct primary and secondary research, including management meetings, expert calls, key opinion leader discussions, industry data analysis, and review of clinical and scientific literature.
- Identify the implications of new information for earnings, valuation, market expectations, catalysts, downside risks, and investment theses.
- Prepare concise, decision-useful earnings notes, research updates, meeting summaries, and investment memoranda.
- Generate and develop differentiated investment ideas alongside the Senior Healthcare Analyst and the broader investment team.
- Contribute across the healthcare universe while developing deeper expertise in selected companies and subsectors.
- Candidate Profile
- Typically 2–5 years of relevant experience in healthcare equity research, investing, or another analytically rigorous healthcare-focused role, though we will consider candidates whose skills and track record fit the role.
Direct buy-side or sell-side research experience is strongly preferred.
- Experience in Life Sciences Tools, Managed Care, or Medtech is desirable but not required. Strong candidates from other healthcare subsectors will be considered.
- Strong financial modelling and valuation skills, with the ability to build a clear, concise, and credible investment case.
- Ability to synthesise clinical, regulatory, commercial, competitive, and financial evidence into an investable view.
- Intellectual curiosity, sound judgement, attention to detail, and a willingness to revise views when evidence changes.
- A genuine interest in healthcare investing and in identifying situations where consensus expectations may be wrong.
- Strong written and verbal communication skills, including the ability to present an evidence-based investment view clearly and concisely.
- Bachelor's degree in a relevant discipline (e. g. life sciences, medicine, engineering, economics, or finance).
- Progress towards the CFA charter and/or an advanced finance, clinical, or scientific qualification is advantageous but not required.
- What Success Looks Like
During the first year, you will become a trusted research partner, producing accurate models, high-quality event analysis, clear investment-case updates, and thoughtful contributions to team discussions.
Over time, success means earning ownership through differentiated research, repeatable idea generation, disciplined execution, and sound investment judgement.
The expectation is that the successful candidate develops into an investor with genuine responsibility for coverage and recommendations.
Goldman Sachs Asset & Wealth Management - Buy-Side Equity Research Analyst, Healthcare - London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on diversity and inclusion, and the chance to work with some of the brightest minds in finance. With a commitment to client success and a culture that fosters growth, joining Goldman Sachs means being part of a prestigious firm that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Goldman Sachs Asset & Wealth Management - Buy-Side Equity Research Analyst, Healthcare - London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Goldman Sachs. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Goldman Sachs.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Goldman Sachs. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Goldman Sachs Asset & Wealth Management - Buy-Side Equity Research Analyst, Healthcare - London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Goldman Sachs and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Goldman Sachs how you can be a team player!
How to prepare for a job interview at Goldman Sachs
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Goldman Sachs.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Goldman Sachs's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
