Research Analyst
Aditya Birla Capital · Maharashtra, India
- On site
- Full-time
- ₹700,000 / year
- Maharashtra, India
Job highlights
- Provide technical analysis for investment timing.
- Generate short to medium term trading calls.
- Assist with research and investment information.
- Communicate investment strategies to clients.
- Analyze market trends and stock performance.
About the role
Job Purpose
To provide technical analysis assistance to the research team and investment team to support their investment activities in terms of timing of investments by assimilating information in reporting formats that is in sync with ABC’s marketing and communications framework. The role entails in extending support and assistance to the research and investment team in conducting their primary work of investment analysis.
Job Context & Major Challenges
Aditya Birla Money Ltd. (ABML) is primarily a Broking Company, dealing in Equity, Commodity & Currency. Workforce of ~800 spread across ~40 locations with customer base of in excess of 3 lacs. Commodity operations are managed through its 100% subsidiary Aditya Birla Commodities Broking limited. ABML is one of the leading securities trading companies in the country. ABML operates in a fragmented equity broking business and has a daily turnover of close to 3,000 Crores with a market share of 1%. ABM works in a highly regulated environment with a host of regulators like SEBI, RBI, AMFI, FMC, IRDA etc. regulating its day to day operations. In addition to the regulator ABML is also subject to close monitoring and inspection through various agencies like NSE / BSE / NCDX / MCX / NSDL / CDSL etc. ABML also operates in a highly competitive market mainly in fragmented industry with ABML competition from major National Broking houses like ICICI Securities, HDFC Securities, Angel Broking, MOFSL etc. and a range of local Broking outfits.
Majority of the broking houses have set up in-house research team that scans companies and stocks as well as analyse macro-economic scenario that impacts the stock market. The Research team is involved in analyzing the financials, competitive advantages of the business, quality of management and competitive environment it operates in among other factors.
Key Responsibilities Of Research - Support
- Communicating to clients about the investment philosophy, investment framework and individual portfolio updates in client accounts.
- To provide technical analysis assistance to the research and investment team to support their investment activities in terms of timing of investments.
- Generating short to medium term calls, to help the trading and broking side of the business.
- Assisting the research and investment team in assimilating information in reporting formats that is in sync with ABC’s marketing and communications framework.
Primary Challenges Faced
- To provide time-bound support to the research and investment team in carrying out their investment and research related work, as dissemination of actionable information is very critical in volatile markets.
- To identify near-term and medium-term trends ahead of competition, so as to provide investors/clients an opportunity to generate superior returns on a risk-adjusted basis.
Key Result Areas (KRAs) & Supporting Actions
KRA1: Production / Content Dissemination
- Supporting Action: To help the research/investment team in formatting, editing, and releasing ABM content across various platforms.
KRA2: Investor Communication / Trade Advisory
- Supporting Action: To communicate to clients the investment/research calls made by the fundamental team and explain the investment merit and risks to the clients so as to enable them to take informed investment decisions. To keep a tab on clients' portfolios, investment recommendations of ABM, and performance monitoring. To recommend investment proposals with stocks for long-term investment basis.
KRA3: Technical Analysis Based Actionable for Call Generation
- Supporting Action: To study charts, patterns, and correlations amongst various asset classes and price movements so as to pick up trends early and make actionable calls for clients/investors to act upon. To generate short to medium-term calls to support the trading and broking side of the business.
KRA4: Exchange Compliance regarding IBT
- Supporting Action: Submitting the IBT Trade/Volume confirmation in NSE and BSE.
Key skills/competency
- Technical Analysis
- Investment Research
- Financial Analysis
- Market Analysis
- Equity Research
- Commodity Trading
- Currency Trading
- Client Communication
- Reporting
- Stock Market
Skills & topics
- Research Analyst
- Technical Analysis
- Investment Research
- Financial Analysis
- Market Analysis
- Equity Research
- Commodity Trading
- Currency Trading
- Client Communication
- Stock Market
- Broking
- Investment Banking
- Finance
- Securities
- Trading
- Aditya Birla Capital
- ABML
How to get hired
- Tailor your resume: Highlight technical analysis skills and experience in equity, commodity, and currency markets. Quantify achievements in past roles.
- Craft a strong cover letter: Express your understanding of Aditya Birla Capital's broking business and your ability to provide timely, actionable insights.
- Prepare for technical questions: Be ready to discuss chart patterns, correlation analysis, and market trend identification.
- Demonstrate communication skills: Prepare examples of how you've explained complex investment information to clients.
- Research ABM's operations: Understand their market share, competitive landscape, and regulatory environment.
Technical preparation
Behavioral questions
Frequently asked questions
- What specific technical analysis tools are commonly used at Aditya Birla Capital for the Research Analyst role?
- While specific tools may vary, a Research Analyst at Aditya Birla Capital would typically utilize charting software and analytical platforms that allow for the study of charts, patterns, and price movements across various asset classes. Proficiency in industry-standard tools for technical analysis is generally expected.
- How does Aditya Birla Capital assess a candidate's ability to identify market trends for the Research Analyst position?
- Aditya Birla Capital likely assesses trend identification skills through a combination of resume review, technical interview questions about market analysis, and scenario-based questions during the interview process. They will look for a demonstrated ability to analyze data and forecast potential market movements.
- What is the typical client base that a Research Analyst at Aditya Birla Capital would communicate with?
- A Research Analyst at Aditya Birla Capital would primarily communicate with clients of Aditya Birla Money Ltd. (ABML), which includes retail investors and potentially institutional clients interested in equity, commodity, and currency markets. Communication would focus on investment philosophy, portfolio updates, and research calls.
- How does Aditya Birla Capital balance the need for timely information dissemination with thorough investment analysis for the Research Analyst role?
- Aditya Birla Capital values the ability to provide time-bound support. For this role, candidates are expected to efficiently assimilate and format information, enabling quick dissemination of actionable insights. This involves a balance between speed and accuracy in analysis.
- What are the main challenges for a Research Analyst at Aditya Birla Capital in a competitive broking environment?
- The main challenges include staying ahead of competition in identifying near-term and medium-term trends, providing timely and actionable information in volatile markets, and effectively communicating investment merits and risks to clients to enable informed decisions.
- What kind of reporting formats are expected from a Research Analyst at Aditya Birla Capital?
- A Research Analyst is expected to assimilate information into reporting formats that align with Aditya Birla Capital's (ABC) marketing and communications framework. This means reports should be clear, concise, and suitable for client communication and internal use.