Head - Research Analyst

Job Seva; Mumbai; On-site; INR 3,500,000 - 5,200,000; Full time

Job summary

Job Seva in Mumbai seeks an experienced Head - Research Analyst to lead the company’s research function, oversee reports, and ensure SEBI compliance. The role requires deep equity research expertise, capital markets knowledge, and strong leadership to build a high-quality team.

You will develop the research framework, manage the team, set KRAs, review reports, and drive new research products while maintaining rigorous standards and timely publication.

Qualifications

• CFA/CA/MBA with NISM certification or equivalent.
• Must meet SEBI eligibility for research activities.
• Strong academic background in Finance, Economics, Commerce or related discipline.

Responsibilities

• Lead and manage the research function and team.
• Develop research methodology and analytics framework.
• Oversee equity research reports, notes, sector reports and market commentary.
• Ensure compliance with SEBI regulations and internal policies.
• Maintain quality-control and timely publications.

Skills

Equity research

Financial analysis

Financial modelling

Valuation

Regulatory compliance

Leadership

Team management

Report writing

Communication

Education

CFA / CA / MBA (Finance) / NISM

Tools

Bloomberg

Capital IQ

Refinitiv

PowerPoint

MS Excel

Job description

Department: Research

Reporting To: Management Board

Position Overview

We are looking for an experienced and qualified Head - Research Analyst to lead the Companys research function.

The individual will be responsible for developing and overseeing the Companys research framework, ensuring the quality and timeliness of research reports and recommendations, managing the research team, and ensuring that all research activities are conducted in accordance with applicable SEBI regulations, internal policies and compliance requirements.

The role requires strong expertise in equity research, financial analysis, capital markets and research methodologies, along with the ability to lead a team and establish a high-quality research function.

Key Responsibilities

1. Research Leadership

• Lead and manage the overall research function of the Company.
• Develop and implement the Companys research methodology and analytical framework.
• Identify and evaluate companies, sectors, industries and market trends for research coverage.
• Oversee the preparation of equity research reports, investment notes, sector reports and market commentary.
• Review research reports and recommendations for quality, accuracy and completeness.
• Ensure research is objective, evidence-based and supported by appropriate analysis.

2. Fundamental & Financial Research

• Conduct and oversee detailed fundamental analysis of companies and sectors.
• Analyse financial statements, business models, management quality, industry trends, valuation metrics and growth prospects.
• Develop and review financial models, forecasts and valuation models.
• Track corporate announcements, financial results, management commentary and industry developments.
• Develop investment views and recommendations based on comprehensive research and analysis.

3. Team Management

• Lead, mentor and manage the Research Analyst team.
• Allocate sectors, companies and research assignments to team members.
• Set KRAs, KPIs and performance standards for the research team.
• Review the quality and timelines of research deliverables.
• Conduct regular review meetings and provide guidance and training to team members.
• Build a strong research culture focused on quality, accuracy, integrity and compliance.

4. SEBI & Regulatory Compliance

• Ensure research activities and publications comply with applicable SEBI Research Analyst Regulations and other applicable regulatory requirements.
• Coordinate with the Compliance function on research-related regulatory requirements.
• Ensure appropriate disclosures, disclosures and conflict-of-interest disclosures are incorporated into research reports.
• Maintain appropriate records and documentation relating to research activities.
• Ensure research recommendations are supported by proper analysis and documentation.
• Strictly adhere to the Companys internal policies and code of conduct.

5. Research Product Development

• Develop new research products, reports and analytical offerings based on market and client requirements.
• Identify opportunities to improve research methodology and processes.
• Work with Management and relevant teams to develop scalable research processes.
• Explore the use of technology, data analytics and AI tools to improve research efficiency and quality, while ensuring regulatory compliance.

6. Market Monitoring

• Closely monitor domestic and global financial markets.
• Track economic indicators, monetary policy, corporate developments and sector trends.
• Provide timely market insights and internal research updates to Management.
• Stay updated on regulatory changes affecting research activities.

7. Quality Control & Governance

• Establish appropriate quality-control mechanisms for research publications.
• Ensure accuracy of data, calculations, assumptions, financial models and conclusions.
• Ensure research outputs are released within defined timelines.
• Maintain proper documentation and version control of research.
• Identify and mitigate potential research-related risks.

Key Deliverables KPIs

• Quality and accuracy of research reports
• Timely publication of research reports and recommendations
• Research coverage across identified sectors and companies
• Quality of financial models and valuation analysis
• Compliance with SEBI regulations and internal policies
• Team productivity and performance
• Development of new research products
• Research process improvement and automation
• Client/research-user feedback and engagement
• Zero material regulatory/compliance lapses attributable to research activities

Qualification

• CFA / CA / MBA (Finance) NISM Research Analyst certification or other relevant professional qualification.
• Candidate must meet the applicable SEBI eligibility and certification requirements for carrying out research analyst activities.
• Strong academic background in Finance, Economics, Commerce or a related discipline.

Experience

• 12 to 15+ years of relevant experience in equity research, investment research, financial analysis, securities research, asset management, brokerage or a related financial services environment.
• Prior experience in leading or managing a research team will be preferred.
• Experience with a SEBI-registered Research Analyst financial services organization will be an advantage.

Required Skills

• Strong understanding of equity markets and capital markets
• Excellent fundamental and financial analysis skills
• Strong financial modelling and valuation skills
• Excellent knowledge of financial statements and accounting
• Strong report-writing and analytical skills
• Ability to interpret complex financial and market data
• Strong leadership and team-management capabilities
• High attention to detail and accuracy
• Strong understanding of regulatory and compliance requirements
• Excellent communication and presentation skills
• Ability to work independently and take ownership

Preferred Technical Skills

• Advanced MS Excel
• Financial modelling and valuation tools
• Bloomberg Capital IQ Refinitiv or similar financial databases
• PowerPoint and research presentation tools
• Familiarity with financial data platforms and analytical tools
• Exposure to AI/data analytics tools for research will be an advantage

Core Competencies

Leadership | Research Excellence | Financial Analysis | Strategic Thinking | Regulatory Awareness | Attention to Detail | Team Management | Integrity | Decision Making | Communication

Important Requirement

The selected candidate will be expected to maintain the highest standards of independence, objectivity, confidentiality, professional integrity and regulatory compliance while performing research activities and making or overseeing research recommendations.

Appointment and responsibilities will be subject to applicable SEBI regulations, eligibility criteria, certifications and the Companys internal policies.