Lead Analyst/Principal Analyst/Associate Director Fundamental Equities (Privates) Financial Research

CFA Institute; Hyderabad; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

The D. E. Shaw group is seeking a resourceful candidate for its Financial Research group, open for Hyderabad or Bengaluru offices in India.

You will evaluate private investment opportunities worldwide, build complex models, perform due diligence, and prepare investment write-ups for decision-making. The ideal candidate has 8+ years in equity research, strong modeling skills, and excellent communication. Prior experience in private equity or VC is preferred, with a focus on rigorous analysis and

Qualifications

• A degree in finance or an equivalent qualification.
• 8 or more years of equity research experience across buy-side or sell-side roles.
• Demonstrated financial modeling and valuation skills.
• Sharp analytical skills and keen attention to detail.
• Excellent verbal and written communication skills.

Responsibilities

• Collaborate with front office teams to evaluate investment opportunities in private firms worldwide.
• Build models using available data on target investments and assess unit economics and TAM.
• Perform data room due diligence and prepare investment write-ups and presentations.
• Monitor existing portfolio investments and engage with management and industry experts to refine views.

Skills

Equity research

Financial modeling

Communication skills

Education

Finance degree

Job description

The D. E. Shaw group is a global investment and technology development firm with more than $90 billion in investment capital as of March 1, 2026, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world’s capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies. We are looking for a resourceful candidate to join our Financial Research group. Depending on the candidate’s location preference, the position is open for either of our Hyderabad or, Bengaluru offices in India. The role is a part of our Fundamental Equities (Privates) team, which collaborates closely with front office groups providing high-quality, in-depth research and analysis, supporting investment strategies and decision-making processes.

WHAT YOU WILL DO DAY-TO-DAY:

In this role, you will collaborate with front office teams to evaluate investment opportunities in private firms worldwide, which are at early or late stages of funding. You will conduct rigorous quantitative and qualitative analysis, evaluating unit economics, customer cohorts, and total addressable market, building models using available data on target investments, performing data room due diligence, and preparing investment write-ups and presentations. You will also monitor existing portfolio investments regularly and engage with company management and industry experts to develop and refine your investment views.

WHO WE ARE LOOKING FOR:

The ideal candidate should hold-

Basic qualifications:

• A degree in finance or an equivalent qualification, with 8 or more years of equity research experience across buy-side or sell-side roles
• Demonstrated financial modeling and valuation skills
• Sharp analytical skills and keen attention to detail
• Excellent verbal and written communication skills

Preferred qualifications:

• Prior experience covering software, technology, fintech, consumertech, or manufacturing tech sectors
• A private equity or venture capital background

We encourage candidates with relevant experience looking to restarttheir careers after a break to apply for this position. Learnabout Recommence, our gender-neutral return-to-work initiative.

• The firm offers excellent benefits, a casual, collegial working environment, and an attractive compensation package.

For further information about our recruitment process, including how applicant data will be processed, please visit https://www.deshawindia.com/careers.

Members of the D. E. Shaw group do not discriminate in employmentmatters on the basis of sex race, colour, caste, creed, religion,pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other protected class.