Financial Services, Investment Banking

Investment Banking Analyst - Royalty Monetization Advisory (Experienced/Lateral)

New York, NYOnsiteFull Time$125,000–$125,000 /yrPosted 11 days agoVisa sponsorship available

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Required skills

investment banking
private credit
strategy consulting
financial modeling
valuation
Excel
SIE Exam
Series 79
Series 63

Nice to have

Biopharma sector experience
royalty advisory experience

Role summary

William Blair is seeking an Investment Banking Analyst for its Royalty Monetization Advisory team. This role involves executing in-depth financial and valuation analyses for royalty transactions, primarily for corporations and academic research centers licensing technologies. Responsibilities include building financial models (especially DCF), performing scenario/sensitivity analyses, conducting due diligence, drafting presentations and marketing materials, and supporting client relationship development. The position requires a Bachelor's Degree and 2+ years of experience in investment banking, private credit, or strategy consulting, with strong analytical and financial modeling skills. Prior royalty advisory or biopharma sector experience is helpful but not required. The role also involves mentoring interns and analysts.

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.

Join William Blair, the Premier Global Partnership.

Execute in-depth analyses to support new business development, transaction execution and the delivery of royalty advisory products and services to clients and prospects. The target client base includes corporations and academic research centers that receive royalties from licensed technologies. The role emphasizes valuation and structural analysis, employing methodologies from both equity and debt underwriting domains. Perform research and financial modeling, create deal-related and business development marketing materials, apply core valuation methods, and complete due diligence activities at the direction of the Royalty Monetization team lead. Work closely with client staff to advance projects, gathering necessary information, describing financial modeling methodology and presenting results directly related to the scope of analysis. Develop royalty-specific expertise with guidance and training from senior team members. Provide training and mentorship to summer interns and less experienced Analysts.

Responsibilities include but may not be limited to:

Perform extensive financial/valuation analyses for royalty transactions. Form varied approaches to analyses once fundamental base of approach is set.

Build financial models to value biopharma assets and royalty cash flows. Execute core valuation methods, primarily discounted cash flow, and perform scenario and sensitivity analyses. Effectively synthesize information to convey complex financial modeling outcomes.

Perform due diligence, research, analysis and documentation of potential and live transactions. Identify potential deal issues and properly escalate concerns to team members.

Draft management presentations to highlight financial analysis and research results.

Assist in the development, production and delivery of proposals and presentations to clients and prospects. Draft marketing materials, emphasizing the advantages of William Blair and its investment banking methods/approach.

Participate in client meetings and drafting sessions.

Research industries or sectors, as identified by senior bankers, to target certain clients or industries. Evaluate and improve BIC content. Leverage learnings across deals.

Seek opportunities to streamline processes and propose solutions to complete tasks more efficiently.

Support client relationship development by developing a detailed understanding of client needs and challenges, providing professional and responsive service and anticipating client information needs.

Develop an understanding of macro factors related to client industry, investment banking products and potential implications.

Mentor summer interns and invest in teaching subsequent classes of analysts, imparting best practices.

Ensure all activities are in compliance with applicable rules, regulations, policies and procedures.

Additional responsibilities as requested.

Qualifications:

Bachelor’s Degree required

Prior experience in investment banking, private credit or strategy consulting required; 2+ years of relevant experience as an Analyst, Consultant or equivalent strongly preferred. Candidates with strong analytical and financial modeling skills are encouraged to apply; prior royalty advisory experience is not required

Biopharma sector experience is helpful but not required; willingness to develop sector knowledge is essential

Strong valuation skills and a creative approach to financial structuring and Excel model development are priorities

Proven track record in university studies required

SIE Exam, Series 79, and Series 63 must be acquired within 150 days of employment (for US only)

Detail-oriented with strong analytical abilities and demonstrated proficiency in financial modeling and valuation

Excellent mathematical, writing, verbal and computer skills

Ability to adapt to new tasks with little notice

Ability to work on multiple projects simultaneously

Strong desire to win

Developing increasingly sound judgment

Thorough understanding of accounting and finance

Commitment to satisfying internal and external customers

Travel required: approximately 5%

#LI-CG1

A reasonable estimate of the current base salary range at time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is based on several factors, including but not limited to applicant's skills, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and, if applicable, the location of the position.

This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.

Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.

Salary Range$125,000—$125,000 USD

About Our Firm

William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients’ evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.

William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v

Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.

Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.

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