Principal Analyst/Associate Director – Fundamental Equities (Software) – Financial Research

D. E. Shaw India Private Limited; Gurugram District; On-site; INR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Excellent benefits

Collegial working environment

Attractive compensation package

Job summary

A global investment and technology development firm is seeking a candidate for their Fundamental Equities team. The role requires a degree in finance or equivalent, with at least 8 years of investment research experience, particularly in the technology sector. Responsibilities include developing investment views through rigorous analysis and financial modeling, as well as engaging with various stakeholders. The firm offers a collegial working environment and attractive compensation.

Qualifications

• At least 8 years of investment research experience.
• Experience in Enterprise Software, Vertical Software, and/or Payments sectors.
• Hands-on financial modeling and valuation skills.

Responsibilities

• Cover companies within the technology sector and develop investment views.
• Build financial models to reflect company understanding.
• Conduct benchmarking against peers and engage with management teams.

Skills

Investment research experience

Financial modeling

Analytical aptitude

Communication skills

Education

Degree in finance or equivalent (MBA, CFA, or CA)

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, the 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 resourceful candidates to join our Fundamental Equities team within the Financial Research group, based in Hyderabad, Bengaluru or Gurugram. The team collaborates closely with front office groups to provide high-quality, in-depth research and analysis, supporting investment strategies and decision-making processes.

WHAT YOU'LL DO DAY-TO-DAY

In this role, you will cover companies within the technology sector and contribute to the development of investment views through rigorous fundamental analysis. You will act as a thought partner to front office teams, supporting idea generation, refining existing investment theses, and bringing differentiated insights into ongoing discussions.

Your day‑to‑day work will involve developing a deep understanding of a company’s business model and competitive positioning, building financial models to reflect that understanding, tracking company developments, earnings, news flow, and external research perspectives to identify key themes and inflection points, and synthesizing these into investment memos.

You will also conduct in‑depth benchmarking of companies against peers across financial and operational metrics, and engage regularly with management teams, sell‑side analysts, intermediaries, and sector experts to inform your research and strengthen sector understanding.

WHO WE’RE LOOKING FOR

• A degree in finance or equivalent (MBA, CFA, or CA), with at least 8 years of investment research experience
• Prior investment research and analysis experience in Enterprise Software, Vertical Software, and/or Payments sectors
• Candidate should be well versed with the business models and industry dynamics of these sectors
• The ability to demonstrate hands‑on financial modeling and valuation skills
• Robust analytical aptitude and keen attention to detail
• Excellent verbal and written communication skills, with the ability to clearly articulate investment analysis and perspectives

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

Members of the D. E. Shaw group do not discriminate in employment matters 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.