Investment Banking Healthcare M&A Associate - San Francisco

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments and individuals, from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people are critical to our success. Together, we share a common set of values rooted in integrity, excellence and a strong team ethic. Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The Investment Banking Division's Healthcare team in San Francisco is seeking a Mergers & Acquisitions (M&A) Associate to join its West Coast platform. The M&A Associate will support the structuring and execution of a broad range of complex domestic and cross-border transactions, including acquisitions, divestitures, mergers, spin-offs, joint ventures, asset swaps and defense assignments. The team advises a diverse group of innovative clients across a wide range of healthcare and life sciences sub-sectors, including biotechnology, medical technology, life sciences tools, diagnostics, specialty pharmaceuticals and technology-enabled healthcare. The successful candidate will work closely with both the M&A and healthcare coverage teams to deliver high-quality strategic advice to clients. You will play an integral role within a collaborative team of senior professionals, with the opportunity to go beyond the numbers, think creatively and contribute meaningfully to transaction execution and client engagement.

Qualifications

• 3-5 years of experience in investment banking as an Analyst and/or Associate, or an MBA, with a proven track record of working on executed M&A transactions
• Strong financial statement analysis skills and expertise in valuation and financial modeling across transaction types
• Exceptional work ethic, with a high level of motivation and commitment
• Strong written and verbal communication skills, as well as client and interpersonal skills
• Sound commercial judgment and the ability to perform under pressure and manage tight deadlines
• Bachelor's degree required; MBA and/or CFA designation is a plus. Relevant degrees include Business Administration, Finance, Economics, Accounting, Mathematics or related fields (or foreign equivalent)
• Series licensing or must obtain

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $150,000 and $225,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .

Client-provided location(s): San Francisco, CA

Job ID: Morgan-JR039235

Employment Type: OTHER

Posted: 2026-06-19T18:47:46