Research Analyst - Commodities

ICICI Securities; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

ICICI Securities Limited is seeking a Research Analyst – Commodities to conduct in-depth research on domestic and global commodity markets and deliver timely investment recommendations for institutional and retail clients.

The role requires expertise in macroeconomic factors, commodity fundamentals, and technical analysis to develop market outlooks and identify trading opportunities across commodities. Strong analytical, writing, and presentation skills are essential.

Qualifications

• Strong knowledge of commodity markets and macroeconomic trends.
• Ability to convert market data into clear, actionable investment recommendations.
• Experience with market data platforms such as Bloomberg, Reuters, or similar systems is preferred.

Responsibilities

• Analyse domestic and global commodity markets, including precious metals, base metals, energy, and other segments.
• Perform both fundamental and technical analysis to assess market trends and investment opportunities.
• Prepare daily, weekly, and periodic commodity research reports with market outlook and investment views.
• Track macroeconomic developments and their impact on commodity markets.
• Monitor supply-demand dynamics, inventories, production trends, and weather patterns affecting prices.
• Develop price forecasts and actionable recommendations for clients and internal stakeholders.
• Present market views through reports, presentations, webinars, and client interactions.
• Collaborate with sales, dealing, and advisory teams to provide timely market intelligence.

Skills

Commodity markets

Fundamental analysis

Technical analysis

Macro trends

Report writing

Presentation skills

Education

MBA (Finance)

CFA/CA/Economics/Commerce/Finance

Job description

The Research Analyst – Commodities will be responsible for conducting in-depth research and analysis of domestic and global commodity markets to provide timely, actionable investment recommendations for institutional and retail clients. The role requires a strong understanding of macroeconomic factors, commodity fundamentals, and technical analysis to develop market outlooks and identify trading and investment opportunities across commodity segments.

Key Responsibilities

• Analyse domestic and global commodity markets, including precious metals, base metals, energy, and other relevant commodity segments.
• Undertake both fundamental and technical analysis to assess market trends, price movements, and investment opportunities.
• Prepare daily, weekly, and periodic commodity research reports providing:
  • Overall market outlook.
  • Specific trading and investment views on individual commodities.
• Track and interpret macroeconomic developments, including central bank policies, inflation trends, interest rates, currency movements, geopolitical events, and global economic indicators to assess their impact on commodity markets.
• Monitor supply-demand dynamics, inventory levels, production trends, weather patterns (where applicable), and other market drivers affecting commodity prices.
• Develop price forecasts and generate actionable recommendations for clients and internal stakeholders.
• Present market views through reports, presentations, webinars, client interactions, and media engagements as required.
• Collaborate with sales, dealing, and advisory teams to provide timely market intelligence and support business objectives.
• Continuously monitor market developments and update investment recommendations based on changing market conditions.

Desired Candidate Profile

• Strong knowledge of commodity markets, derivatives, and global macroeconomic trends.
• Proficiency in conducting both fundamental and technical analysis of commodity markets.
• Ability to convert complex market data into clear, actionable investment recommendations.
• Excellent analytical, report-writing, and presentation skills.
• Experience using market data platforms such as Bloomberg, Reuters, or similar financial information systems is preferred.
• Strong communication and stakeholder management skills.

Educational Qualifications

• MBA (Finance), CFA, CA, Economics, Commerce, Finance, or any related discipline.
• Relevant certifications in technical analysis or financial markets will be an added advantage.