Equity Research Analyst

Finnovate; Mumbai; On-site; INR 900,000 - 2,000,000; Full time

Job summary

Finnovate in Mumbai, India's leading financial planning platform, seeks an experienced Equity Research professional to drive PMS investment ideas. You will perform in-depth company analysis, build robust valuation and earnings models, and generate research notes across sectors.

You will track quarterly results, attend management calls, summarize insights, and support the Investment Committee with research material and portfolio reviews.

Qualifications

• Post graduate degree in finance, commerce, economics, accounting, or a related discipline.
• CA or FRM will be an added advantage.
• Minimum 5+ years of experience in Equity Research, Asset Management, PMS, Mutual Funds, AIF, Investment Advisory, Brokerage, or Investment Banking.

Responsibilities

• Conduct fundamental research on listed companies, sectors, and macroeconomic trends to generate investment ideas for PMS portfolios.
• Perform detailed company analysis, including business models, industry dynamics, financial performance, management quality, and competitive positioning.
• Build and maintain robust financial models, earnings forecasts, and valuation models (DCF, Relative Valuation, SOTP, etc.).
• Track quarterly earnings, corporate announcements, regulatory developments, concalls, and key market events impacting portfolio companies.
• Attend and summarize management concalls, investor presentations, AGM/analyst meets, and industry interactions.
• Prepare investment notes, stock recommendations, initiating coverage reports, sector reports, thematic research, and portfolio review presentations.
• Support the Investment Committee by preparing research material, investment rationale, and portfolio review documents.
• Monitor existing PMS portfolio holdings and recommend actions based on changes in fundamentals, valuations, or market conditions.
• Benchmark companies against peers using financial ratios, valuation multiples, and operating metrics.
• Maintain research databases, valuation models, sector trackers, screening tools, and investment dashboards.
• Collaborate with company management, industry experts, channel partners, and other market participants to gather investment insights.
• Ensure research documentation complies with internal investment processes and applicable SEBI PMS guidelines.
• Assist in preparing client-friendly market updates, portfolio commentaries, and quarterly investment reports in coordination with the PMS team.

Skills

Financial modeling

Valuation modeling

Investment research

Industry analysis

Financial databases

Education

Post Graduate in Finance, Commerce, Economics, Accounting, or related discipline

CA or FRM (advantage)

Tools

Bloomberg

Capital IQ

Ace Equity

Trendlyne

Screener

Job description

About Finnovate: Finnovate is India’s largest financial planning platform that specializes inproviding successful professionals with a disciplined approach to helpthem achievetheir financial goals safely, surely, swiftlyTo date we have helped over 3500 professionals and their families achievepurpose and structure to their financial lives through our FinnFit™Financial planning process. This is available through our experts as well asthrough a transparent technology platform.We are a zero-commission, product-agnostic and holistic SEBI-registeredinvestment advisory (RIA) firm. Finnovate is a customer-first platform thatprioritizes unbiased advisory and is gaining increased recognition with therise of awareness of direct products.Finnovate has successfully raised over USD 3 million from marqueinvestors to drive our next league of expansion and impact. We haverecently secured a PMS license from SEBI to provide most convenient,flexible and multi-asset portfolio management using direct products for ourclients.We are in a growth phase where you can contribute ideas across thespectrum, and grow into a core member of a truly customer-first team.Finnovate offers a unique proposition where you can experience thefreedom to think and operate like an entrepreneur within the organisation,while pursuing long-term career growth aligned with your strengths,aspirations and demonstrated competence

Employment Type: Full time

Key Responsibilities:

• Conduct fundamental research on listed companies, sectors, andmacroeconomic trends to generate investment ideas for PMSportfolios.
• Perform detailed company analysis, including business models,industry dynamics, financial performance, management quality, andcompetitive positioning.
• Build and maintain robust financial models, earnings forecasts, andvaluation models (DCF, Relative Valuation, SOTP, etc.).
• Track quarterly earnings, corporate announcements, regulatorydevelopments, concalls, and key market events impacting portfoliocompanies.
• Attend and summarize management concalls, investor presentations,AGM/analyst meets, and industry interactions.
• Prepare investment notes, stock recommendations, initiatingcoverage reports, sector reports, thematic research, and portfolioreview presentations.
• Support the Investment Committee by preparing research material,investment rationale, and portfolio review documents.
• Monitor existing PMS portfolio holdings and recommend actionsbased on changes in fundamentals, valuations, or market conditions.
• Benchmark companies against peers using financial ratios, valuationmultiples, and operating metrics.
• Maintain research databases, valuation models, sector trackers,screening tools, and investment dashboards.
• Collaborate with company management, industry experts, channelpartners, and other market participants to gather investment insights.
• Ensure research documentation complies with internal investmentprocesses and applicable SEBI PMS guidelines.
• Assist in preparing client-friendly market updates, portfoliocommentaries, and quarterly investment reports in coordination withthe PMS team.

Education Qualifications & Certification:

• Post Graduate in Finance, Commerce, Economics, Accounting, or arelated discipline.
• CA or FRM will be an added advantage.

Experience & Skills Required

• Minimum 5+ years of experience in Equity Research, AssetManagement, PMS, Mutual Funds, AIF, Investment Advisory,Brokerage, or Investment Banking.
• Strong experience in preparing financial models, valuation models,and investment research reports.
• Hands-on exposure to financial databases and research platformssuch as Bloomberg, Capital IQ, Ace Equity, Trendlyne, Screener, orsimilar tools will be an added advantage.

Working Days

Monday to Saturday(2 Saturdays off)