Senior Research Analyst
Finnovate · Mumbai Metropolitan Region
- On site
- Full-time
- ₹1,500,000 / year
- Mumbai Metropolitan Region
Job highlights
- Conduct equity research for investment strategies.
- Build financial models and perform valuations.
- Analyze companies and market trends.
- Prepare investment notes and recommendations.
- Monitor portfolio performance and risk.
About the role
Senior Research Analyst - Equity
About Finnovate:
Finnovate is a holistic financial planning and wealth advisory platform. We are SEBI registered RIA. We are passionate about transforming the way Indians get personal finance advice. Our team is dedicated to providing comprehensive financial solutions that cater to the unique needs of our clients.
Job Summary
We are looking for an Equity Research Analyst to support buy-side investment strategies across for our PMS Platform. The role involves conducting sector-agnostic equity research, building financial models, performing company valuations, and identifying investment opportunities. The candidate will work closely with Portfolio Managers, prepare investment notes and recommendations, monitor portfolio performance, and track industry and macroeconomic developments to support informed investment decisions.
Key Responsibilities
- Partner closely with Portfolio Managers/Investment Analysts to support investment strategies and portfolio decision-making
- Conduct comprehensive, sector-agnostic equity research on publicly listed companies and evaluate investment opportunities across sectors.
- Perform deep-dive analysis of public and private companies to identify potential investment opportunities.
- Build, maintain, and update financial models (DCF, relative valuation, scenario and sensitivity analysis) for existing and prospective investments.
- Carry out detailed company valuations and provide well researched buy-side investment recommendations.
- Analyze financial statements, annual reports, investor presentations, and management commentary to assess company performance and outlook.
- Track industry trends, regulatory developments, macroeconomic factors, IPOs, corporate actions, and quarterly results to monitor and validate investment theses.
- Prepare detailed research notes, investment ideas, event updates, and presentations for internal discussions and stakeholders.
- Providing periodic performance evaluation and risk analysis.
- Monitor portfolio holdings and provide periodic performance and risk analysis.
- Participate in management calls, earnings reviews, and industry interactions to strengthen research insights and support investment decisions.
Qualifications & Skills
- 10 years of experience in equity research, with substantial experience in a decision-making role within an AMC, PMS, or AIF.
- Strong expertise in the Indian equity markets, with a proven ability to identify structural trends, navigate market cycles, and generate consistent alpha.
- Demonstrated experience in building and leading investment teams, including recruiting, mentoring, and managing fund managers and analysts.
- Postgraduate from a reputed institution; CFA Charter holders or CAs will be highly preferred.
- NISM 21B mandatory.
Work Schedule
- Working Days: Monday to Saturday (Alternate Saturdays are off)
- Working Time: 8.30 am to 5.30 pm or 9.30 am to 6.30 pm
- Employees working on Sundays are eligible for comp off.
Key skills/competency
- Equity Research
- Financial Modeling
- Valuation
- Investment Analysis
- Portfolio Management
- Indian Equity Markets
- Financial Statements
- Investment Strategy
- Risk Analysis
- NISM 21B
Skills & topics
- Senior Research Analyst
- Equity Research
- Financial Modeling
- Valuation
- Investment Analysis
- Portfolio Management
- Indian Equity Markets
- Financial Planning
- Wealth Advisory
- SEBI RIA
How to get hired
- Tailor your resume: Highlight your 10+ years of equity research experience and decision-making roles in AMCs, PMS, or AIFs.
- Showcase market expertise: Emphasize your proven ability to identify trends and generate alpha in Indian equity markets.
- Demonstrate leadership: Detail experience in building and managing investment teams.
- Highlight qualifications: Mention your postgraduate degree, CFA/CA status, and mandatory NISM 21B certification.
- Apply strategically: Directly apply through the Finnovate careers portal, ensuring all requirements are met.
Technical preparation
Master DCF, relative, and sensitivity analysis.,Practice building financial models in Excel.,Deep dive into Indian equity market dynamics.,Study recent financial statements and reports.
Behavioral questions
Describe a complex investment recommendation.,How do you handle market volatility?,Share experience leading an investment team.,How do you validate an investment thesis?
Frequently asked questions
- What is the primary focus of the Senior Research Analyst role at Finnovate?
- The Senior Research Analyst at Finnovate will primarily focus on supporting buy-side investment strategies for their PMS Platform by conducting sector-agnostic equity research, building financial models, and identifying investment opportunities within the Indian equity markets.
- What qualifications are essential for the Senior Research Analyst position at Finnovate?
- Essential qualifications include 10 years of equity research experience, decision-making experience in AMC/PMS/AIF, strong expertise in Indian equity markets, a postgraduate degree, and mandatory NISM 21B certification. CFA Charterholders or CAs are highly preferred.
- What kind of financial modeling skills are expected for this role?
- The role requires building and maintaining financial models, including Discounted Cash Flow (DCF), relative valuation, and scenario/sensitivity analysis for both existing and prospective investments.
- How does Finnovate support its employees' work-life balance given the working hours?
- Finnovate operates Monday to Saturday with alternate Saturdays off, and work hours are typically 8:30 am to 5:30 pm or 9:30 am to 6:30 pm. Employees working Sundays are eligible for compensatory off, indicating a consideration for work-life balance despite the demanding schedule.
- What does 'sector-agnostic' equity research mean for this role?
- 'Sector-agnostic' equity research means the analyst is not limited to a specific industry or sector. They are expected to evaluate investment opportunities across all sectors within the Indian equity markets, offering a broad scope of analysis.
- What is the significance of NISM 21B certification for this role?
- The NISM 21B certification is mandatory for this role, indicating compliance with regulatory requirements for investment advisory and research professionals in India. It demonstrates a foundational understanding of the securities market.
- Can candidates with a CA or CFA designation apply for the Senior Research Analyst role at Finnovate?
- Yes, candidates with a postgraduate degree are considered. Furthermore, CFA Charterholders or CAs are highly preferred for the Senior Research Analyst position at Finnovate, suggesting these credentials are a significant advantage.