Most of the job mandates that we currently have involve analysis of securities of different asset classes (equity, credit, derivatives), or jobs in investment banking. All of these jobs would use significant analytical skills and financial knowledge.
Below are the job profiles for some of the large requirements that our clients have. This list is not exhaustive, and does not include several niche requirements that we have from time to time. You can send us your CV even if you are interested in openings beyond these.
Equity Research
Equity research job roles would typically involve analyzing companies and sectors to give investment recommendation on equity instruments. You would need to understand the business models of the companies that you cover, analyze their strategy, assess their management, and evaluate the impact of the current trends on the industry they operate in. Other than the qualitative analysis, you will also need to perform financial projections, to arrive at a valuation for the company.
We have equity research openings with our clients for both domestic sell-side firms and offshore equity research providers (KPOs).
Credit Research and Appraisal
Credit research and credit appraisal roles have similar analytical components as equity research – you need to perform company and sector analysis, and perform financial projections. But the eventual aim of the analysis is different from equity research. In equity research, you try to evaluate the growth potential of the company’s equity. In credit research, you would assess the ability of the companies to generate enough cash flows to repay its debt obligations. The skill sets required in credit research and equity research are similar at the entry level, but they differ for more senior roles.
We have openings for credit appraisal roles in retail banks as well as credit research roles in rating agencies.
Quantitative Finance
You will perform quantitative analysis of investments across various asset classes. You will need to use a range of asset allocation models, portfolio optimization techniques, and simulation methods. Several of these jobs are in the area of derivatives and other structured instruments – which have complicated valuation algorithms, and often have no closed-form solution for pricing. For those instruments, other than deep knowledge of those instruments, you will need to also possess strong mathematical and programming skills. Some of the client mandates that we have for these are for international locations, and a degree in quantitative finance from a reputed western business school will be preferred.
Investment Banking
Investment banking (also called corporate finance, or advisory) involves advising corporates on their financial needs. Typical advisory situations would include capital raising activities (IPOs, secondary market offerings, debt placements), M&A activities (mergers, acquisitions, LBOs) and restructuring activities (strategic sale, spin-offs). At entry and middle level, the jobs require strong knowledge of corporate finance and valuation concepts, ability to structure presentations and other marketing collaterals, and ability to perform tasks related to deal execution.