Senior Buy-Side Analyst – Prop Desk

Abans Finance; Mumbai; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

Abans Group is seeking a Senior Buy-Side Equity Analyst to join its Proprietary Investment Research Team. The role requires strong buy-side experience, end-to-end research from idea generation to investment thesis, and quarterly updates across sectors including Energy, BFSI, Commodities, and FMCG. You will support portfolio decisions with rigorous modelling and valuation.

Location: Mumbai. Experience: 8-15 years. CA/CFA/MBA (Finance) or equivalent.

Qualifications

• 8-15 years of experience in PMS / AIF / Long-only Buy-Side / Proprietary Investment / Family Office.

Responsibilities

• Conduct bottom-up fundamental research across assigned sectors.
• Identify and develop high-conviction investment ideas with clear risk-reward frameworks.
• Build and maintain detailed 3-statement financial models and perform DCF/relative valuation.
• Prepare initiating coverage, investment thesis and periodic update notes.
• Monitor portfolio companies and provide framework-backed investment recommendations.

Skills

Buy-side experience

Financial modelling

Valuation

Investment ideas

Energy sector knowledge

Education

CA / CFA / MBA (Finance)

Job description

Role : Senior Buy-Side Analyst Prop Desk

Abans Group is a diversified, listed business group with operations across financial services, institutional broking, lending, proprietary trading, wealth management and bullion/precious metals, along with businesses across other sectors.

Within its financial services platform, Abans has a strong presence across capital markets and investment businesses, including institutional broking, proprietary trading, wealth management and investment management.

The Group is strengthening its investment research and proprietary investment platform, with a portfolio/AUM base of approximately 3,000 Cr, and is looking to build a high-quality senior research team focused on differentiated, fundamental investment ideas.

Location: Mumbai

Function: Investment Research / Proprietary Trading

Experience: 8-15 years

About the Role

We are looking for a Senior Buy-Side Equity Analyst to join our Proprietary Investment Research Team, supporting an investment platform with 3,000 Cr+ AUM.

The role will focus on fundamental research, investment idea generation, financial modelling, valuation and portfolio support across sectors including Energy, BFSI, Commodities, FMEG and FMCG.

The ideal candidate should have strong buy-side experience, a demonstrated ability to generate actionable, high-conviction investment ideas, and the maturity to independently drive research from idea generation through investment thesis and ongoing monitoring.

Key Responsibilities

Investment Research & Idea Generation

• Conduct detailed bottom-up fundamental research across assigned sectors.
• Identify and develop high-conviction investment ideas with clear risk-reward frameworks.
• Prepare initiating coverage, investment thesis and periodic update notes.
• Independently track companies and identify emerging investment opportunities.

Financial Modelling & Valuation

• Build and maintain detailed 3-statement financial models.
• Perform DCF, relative valuation and other appropriate valuation methodologies.
• Undertake scenario, sensitivity and downside-risk analysis.
• Analyse earnings, cash flows, balance sheets, capital allocation and business fundamentals.

Sector & Industry Research

• Develop deep understanding of assigned sectors and companies.
• Track macroeconomic, regulatory and policy developments.
• Analyse commodity cycles, input costs, demand-supply dynamics and competitive positioning.
• Maintain sector dashboards, peer comparisons and valuation matrices.

Portfolio & Investment Support

• Provide recommendations on stock selection and portfolio positioning.
• Monitor portfolio companies, investment theses and key trigger points.
• Prepare Investment Committee presentations and research notes.
• Work closely with the CIO / Fund Managers / Investment Team on portfolio decisions.

Primary & Channel Research

• Participate in management meetings, earnings calls, plant visits and investor conferences.
• Conduct channel checks and industry interactions.
• Build relationships with company management, sell-side analysts, industry experts and other market participants.

Ideal Candidate Profile

• 510 years of relevant experience in PMS / AIF / Long-only Buy-Side / Proprietary Investment / Family Office.
• Strong preference for candidates with demonstrable buy-side investment research experience.
• Candidates should ideally have experience in Energy, BFSI, Commodities, FMEG or FMCG.
• Should have a demonstrated track record of generating investment ideas, rather than only supporting research.
• Strong understanding of financial statements, valuation and investment frameworks.
• Advanced financial modelling skills.
• Ability to independently build an investment thesis and present it to senior investment stakeholders.
• High ownership, intellectual curiosity and ability to operate in a lean, performance-oriented investment environment.

Educational Qualification

CA / CFA / MBA (Finance) or equivalent qualification.

CFA Level II/III or completed CFA would be preferred.

What We Are Looking For

The ideal candidate would be someone who can think like an investor, not just a researcher independently identify opportunities, challenge consensus, build a differentiated investment thesis and provide clear recommendations to the investment team.