Analyst-Industry Research

IDFC FIRST Bank; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

IDFC FIRST Bank is looking for an Industry Research Analyst based in Mumbai. This role involves conducting extensive research and delivering insights on high-exposure industries, aimed at supporting strategic decisions in Wholesale Banking Risk.

Requirements include a Bachelor's degree in a relevant field and at least 4 years of experience in the BFSI sector. The successful candidate will possess strong analytical and communication skills, with proficiency in data visualization tools.

Qualifications

• Minimum 4 years of experience in BFSI.
• Ability to interpret complex industry data and present findings.

Responsibilities

• Conduct in-depth research and publish high-quality reports.
• Analyze financial performance trends of companies.
• Present research findings to senior management.
• Identify sectors under stress using early warning indicators.

Skills

Excellent research and analytical skills

Strong understanding of macroeconomic trends

Experience in regulatory submissions

Effective communication skills

Proficiency in data visualization tools

Education

Bachelor's degree in Economics, Finance, Business, or Statistics

MBA or CA

Job description

Job Requirements

About the Role

The Industry Research Analyst

Will support the Wholesale Banking Risk function by delivering deep, sector-agnostic insights across high-exposure industries in the bank’s portfolio. This role involves conducting in-depth research, identifying early warning indicators, and publishing high-quality reports that inform strategic decisions. The analyst will also contribute to regulatory submissions and policy presentations, while staying abreast of market trends and competitor benchmarks. The position is based in Mumbai.

Key Responsibilities

Primary Responsibilities

• Develop in-house expertise through incisive analysis of high-exposure industries and sectors in the bank’s portfolio.
• Conduct sector-agnostic assessments covering demand-supply dynamics, cost structures, competitiveness, and regulatory frameworks.
• Identify sectors under stress or recovery using early warning indicators, industry benchmarks, and peer reviews.
• Provide medium-term outlooks on key parameters for high-exposure sectors.
• Perform portfolio analysis to evaluate financial performance trends of companies within specific industries.
• Develop industry-specific financial and operational metrics to support credit evaluation.
• Present research findings and reports to senior management and other stakeholders.
• Publish reports covering sector trends, auto sales data, commodity prices, industry health, and more.
• Take ownership of regulatory submissions, including reports on stressed and correlated sectors.
• Optionally participate in credit risk assessments for Financial Institution clients.

Secondary Responsibilities

• Stay updated with market intelligence through peer networking and industry publications.
• Recommend improvements to processes and policies to enhance operational efficiency and service quality.
• Collaborate with internal stakeholders to leverage synergies across the Wholesale Banking business.

What We Are Looking For

Education

• Graduation: Bachelor's degree in a relevant field (e.g., Economics, Finance, Business, Statistics)
• Post-graduation: MBA, CA

Experience

• Minimum 4yrs in BFSI

Skills and Attributes

• Excellent research and analytical skills with the ability to interpret complex industry data
• Strong understanding of macroeconomic and sectoral trends
• Experience in preparing regulatory submissions and board-level presentations
• Effective communication and presentation skills
• Ability to work independently and collaboratively across teams
• Proficiency in data visualization and reporting tools

Key Success Metrics

• Timely publication and presentation of high-quality reports, including:
• Industry-related trackers (e.g., corporate performance, share pledges, auto sales)
• Policy and board presentations (e.g., stressed sectors, correlated sectors)
• RBI submissions and economic/industry surveys