Senior Analyst / Analyst (Technical & Derivatives Research)

Aditya Birla Capital Ltd.; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Aditya Birla Capital Ltd. in Mumbai seeks a Senior Analyst / Analyst to join the Technical & Derivatives Research desk. You will generate trading ideas, decode derivative structures, and publish institutional-quality daily and weekly notes.

The role requires strong quantitative grounding in price action, derivatives analytics, and clear communication to internal stakeholders, clients, and media. Regulatory certifications are mandatory or to be pursued prior to joining.

Qualifications

• Graduate or postgraduate in finance-related fields with emphasis on markets.
• Mandatory NISM Series XV and VIII certifications or to be acquired prior to joining.
• Experience in equity research/dealing in institutional or retail broking.

Responsibilities

• Identify high-probability trading opportunities across Cash and F&O segments using price action and derivatives analytics.
• Publish daily/weekly reports with actionable insights and risk parameters.
• Decode open interest, IV, PCR, and option Greeks to inform strategies.
• Coordinate with institutional desks and media for commentary and updates.

Skills

Technical charting

Derivatives analytics

Excel proficiency

Research writing

Education

Graduate/Post-Graduate in Finance, Economics, Commerce, Statistics, or MBA in Finance

Tools

Bloomberg

Spider Iris

Falcon

Trading View

MetaStock

ChartView

MyFno

Quantsapp

Sensibull

Job description

Job Description: Senior Analyst /Analyst Technical & Derivatives Research

Position Overview

Job Title - Senior Analyst / Analyst Technical & Derivatives Research

Department - Equity Research - Technical & Derivative

Experience - 3 - 5 Years (Retail/ Institutional Broking ecosystem)

Location - Mumbai

Reporting To - Head of Technical & Derivative Research

Role Summary

We are seeking an experienced and data-driven Technical & Derivatives Analyst to join our research desk. The candidate will be responsible for identifying high-probability trading opportunities across Equities and F&O segments, decoding open interest and derivative structures, and publishing actionable daily/weekly institutional-quality reports. The role demands strong quantitative grounding in price action, derivative analytics, and clear communication capabilities for internal stakeholders, retail/HNI clients, and media commentary.

Key Responsibilities

1. Technical Analysis & Idea Generation

• Track, analyse, and generate actionable ideas across Cash and F&O segments using classic price-action principles (support/resistance, classical chart patterns, candlestick analysis, Fibonacci retracements, moving averages, RSI, MACD, and Bollinger Bands).
• Develop high-conviction trade setups for intraday, swing, positional, and delivery-based timeframes with well-defined entry, target, and risk-to-reward parameters.
• Monitor market breadth, sectoral rotations, and relative strength metrics to spot emerging institutional leadership.

2. Derivatives & Options Analytics

• Track and interpret Open Interest (OI) buildup, Long/Short unwinding, Put-Call Ratio (PCR), Cost of Carry (CoC), and Max Pain across benchmark indices (Nifty, Bank Nifty) and stock futures.
• Analyse option chains, Implied Volatility (IV), IV Rank/Percentile, and Option Greeks (Delta, Gamma, Theta, Vega) to formulate directional and non-directional option trading strategies.
• Synthesize daily Institutional (FII/DII/Prop/Client) derivative positioning, index futures long-short ratios, and monthly/weekly rollover dynamics.

3. Research Writing & Reporting

• Author daily morning market setups, derivative wrap-ups, weekly technical strategy outlooks, and expiry-day playbooks.
• Write structured, data-driven stock recommendation notes and thematic technical reports.
• Maintain clean audit trails, track performance/hit-ratios of published recommendations, and conduct back-testing on recurring technical and quantitative setups.

4. Stakeholder & Media Communication

• Deliver clear verbal and written briefings to the institutional desk, , relationship managers, and advisory teams.
• Prepare concise, compliance-ready market quotes, bullet points, and commentary for business television, print media, and digital platforms.

Candidate Profile & Skill Requirements

Technical & Functional Competencies

• Market Experience: Minimum 34 years of active experience in equity research/dealing within an institutional or retail equity brokerage.
• Core Toolsets: Deep expertise in technical charting software (Bloomberg, Spider Iris, Falcon, Trading View, MetaStock, or ChartView) and derivative analytics platforms (MyFno, Quantsapp, Sensibull, or similar).
• Advanced Excel: High proficiency in Microsoft Excel (VLOOKUP/XLOOKUP, Pivot Tables, nested logic, data modelling, and automated macro/data ingestion templates).
• Derivatives Understanding: Strong theoretical and practical command over Option Greeks, volatility smiles/skews, synthetic structures, and multi-leg strategies (Straddles, Strangles, Spreads, Iron Condors).

Behavioural & Soft Skills

• Data-Driven Mindset: Ability to substantiate every chart view with hard volume, delivery, and open interest confirmation.
• Communication Skills: Excellent written English for institutional research reporting and articulate verbal delivery for desk calls.
• Risk Discipline: Uncompromising focus on risk-reward ratios, stop-loss adherence, and objective, unbiased market views.

Qualifications & Certifications

• Education: Graduate/Post-Graduate in Finance, Economics, Commerce, Statistics, or an MBA in Finance.
• Regulatory Compliance: Valid NISM Series XV (Research Analyst) and NISM Series VIII (Equity Derivatives) certifications are mandatory (or to be acquired prior to joining).
• Preferred: Relevant professional designations such as CMT (Chartered Market Technician) or CFTe (Certified Financial Technician) will be an added advantage.