Equity Research Analyst

Deven Choksey; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Opportunity to lead a research team

Direct access to top management

Platform for visibility in equity research

Job summary

A financial services firm in Mumbai is seeking a Research Analyst – Sell Side to strengthen its equity research function. This mid-senior level role requires 5+ years of experience and strong analytical skills to conduct fundamental research, prepare detailed financial models, and generate actionable investment insights. Candidates with an MBA in Finance, CA, or CFA are preferred. Join a high-impact team with direct access to top management and institutional clients, while contributing significantly to stock recommendations and market intelligence.

Qualifications

• 5+ years of experience in Buy Side Equity Research.
• Ability to conduct fundamental equity research on listed Indian companies.
• Strong understanding of fundamental analysis and valuation techniques.

Responsibilities

• Conduct fundamental equity research on assigned sectors.
• Build and maintain detailed financial models.
• Generate Buy/Sell/Hold recommendations with investment rationale.

Skills

Fundamental analysis

Equity markets knowledge

Strong analytical skills

Data analysis

Presentation skills

Education

MBA (Finance) / CA / CFA

Tools

MS Excel

Bloomberg

PowerPoint

Word

Job description

We are looking to hire a Research Analyst – Sell Side to strengthen our equity research function. The role involves deep fundamental research, financial modelling, sector tracking, and publishing actionable investment insights for internal stakeholders and clients. The candidate will work closely with the Institutional / Wealth distribution teams and contribute to idea generation, stock recommendations, and market intelligence.

This role is ideal for professionals with strong analytical skills, hands‑on equity research experience, and exposure to Indian capital markets.

Key Responsibilities

• Conduct fundamental equity research on listed Indian companies across assigned sectors.
• Build and maintain detailed financial models (3‑statement models, DCF, relative valuation, scenario analysis).
• Prepare initiation reports, coverage updates, earnings previews/reviews, and thematic notes.
• Track sector trends, macroeconomic indicators, corporate actions, and regulatory developments.
• Generate Buy / Sell / Hold recommendations with clear investment rationale and risk assessment.
• Participate in management interactions, analyst calls, concalls, and investor presentations.
• Support sales / relationship teams with investment notes, stock pitches, and client queries.
• Ensure timely updates on earnings, news flow, and material events impacting covered stocks.
• Maintain high standards of research quality, compliance, and documentation as per SEBI regulations.
• Collaborate with internal teams to align research outputs with business and client needs.

Qualifications

• Education: MBA (Finance) / CA / CFA (preferred). Engineering + MBA (Finance) combinations are welcome.
• Experience: 5+ years in Buy Side Equity Research.

Domain Skills

• Strong understanding of Equity Markets, Sell‑Side Research, and Capital Markets
• Experience in fundamental analysis, valuation techniques, and sector research
• Knowledge of Indian listed companies, financial statements, and regulatory framework
• Exposure to Institutional / Wealth / PMS / Broking research environment preferred

Technical Skills

• Advanced financial modelling and valuation skills
• Proficiency in MS Excel, PowerPoint, and Word
• Experience using Bloomberg / Capital IQ / Refinitiv / Screener / Moneycontrol (any or multiple)
• Ability to interpret financial statements, annual reports, and concall transcripts
• Strong data analysis and presentation skills

Managerial Skills

• Ability to manage multiple research deliverables with strict timelines
• Clear written and verbal communication for reports and client interactions
• High ownership, attention to detail, and accountability for research output
• Capability to work independently while collaborating with sales and leadership teams

Why Join Us?

• Opportunity to lead a high-impact research team.
• Direct access to top management and exposure to institutional clients.
• A platform to build visibility and thought leadership in the equity research domain.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Research

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