Equity Research Analyst

Financial/ Equity Research Analysts are experts who work in investment banking/ securities functions on both buy side and sell side of financial organisation such as commercial banks, investment banks, financial services companies, insurance companies, mutual funds and stock marker brokerage firms. Buy side means the functions in the companies which involve purchase of shares, bonds and other capital market investment products. Sell side means the functions in the companies which involve selling of shares, bonds and other capital market investment products. Capital markets include stock exchanges such as Bombay Stock Exchange, National Stock Exchange, New York Stock Exchange, etc.

Financial/ Equity Research Analysts work to produce industrial, financial, economic, technical and company research reports. They develop future projections of share prices, bond prices, mutual fund returns, etc. and based on their research they recommend whether a company or an individual should buy, hold or sell shares, bonds, mutual funds
and other capital market products.

As an Equity Analyst, you will specialise in one particular kind of industry and develop expertise in this industry so that you are more accurate in your projections and recommendations. Like you might be an expert of FMCG companies or Oil Companies or IT companies, etc. You will monitor the market data of your industry through news, reports, contacts in companies, industry growth and projections, market growth and projections, etc. You will keep yourself updated with daily updates. You will be primarily working on either buy side or sell side.

Sell Side: In the sell side, you will be working primarily with investment banks, commercial banks, stock brokers, market markets, etc. You will keep track of the stocks, the performance of various companies, project their future financials, conduct rmake ecommendations to your clients, public, government, etc. You will give an idea about what and where to invest. research
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Buy Side: In the buy side, you will be working primarily with asset managers, hedge funds, institutional investors, retail investor, etc. You will use ideas given by the sell side, and thus make necessary measurements to make investments in probable high performing companies, stocks, bonds, mutual funds, etc.

Key roles and responsibilities

As an Investment Banker, depending upon your profile and specialization, your duties and responsibilities will vary.

• You will be responsible for developing core analytical capabilities for the client using advanced statistical, quantitative, or econometric techniques. 
• You will provide the application or analytical support to your clients, researches and traders.
• You will work on the development of different analytical tools to solve problems related to portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models. 
• You will be responsible for maintaining all financial and analytic models in use.
• You will use different mathematical and statistical tools and techniques to solve piratical ussies related to derivative valuation, securities trading, risk management, or financial market regulation.
• In the credit side: This side of Investment Bank works on calculating the creditworthiness of a business. Creditworthiness means if they take money or loan, how likely are they to return back the loan.
  • You will complete review and challenge activities in a timely manner. You will also do expected credit loss analysis. You will be required to identify themes across the whole risk portfolio. You will be assisting in making strategic decisions to your client. You will prepare all necessary documents, decks, and present to your team. You will ensure that all queries raised are solved in a timely manner.
• In risk side: This side of Investment Bank works on calculating the risk of any business. It means how risky it is to invest in the business.
• You will set up, lead and develop the centralized risk model confirmations team. You will make sure that all model confirmations are carried out in line with organization policies and guidelines.  You will share the confirmation results with your internal team.

Enterprising: You should have interests for Enterprising Occupations. Enterprising occupations involve taking initiatives, initiating actions, and planning to achieve goals, often business goals. These involve gathering resources and leading people to get things done. These require decision making, risk taking and action orientation.

Conventional: You should have interests for Conventional Occupations. Conventional occupations involve repetitive and routine tasks as well as fixed processes or procedures for getting things done. These occupations involve working more with data, systems, and procedures and less with ideas or creativity.

Abilities

Abstract Reasoning: The ability to understand ideas which are not expressed in words or numbers; the ability to understand concepts which are not clearly expressed verbally or otherwise.

Deductive Reasoning: The ability to apply general rules and common logic to specific problems to produce answers that are logical and make sense. For example, understanding the reasons behind an event or a situation using general rules and common logic.

Flexibility of Closure: The ability to identify or detect a pattern (a figure, object, word, or sound) that is hidden among other distracting materials.

Inductive Reasoning: The ability to combine pieces of information from various sources, concepts, and theories to form general rules or conclusions. For example, analysing various events or situations to come out with a set of rules or conclusions.

Information Ordering: The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).

Inter-Personal:  The ability to build and maintain good relationships with others at workplaces and elsewhere.

Numerical Reasoning: The ability to add, subtract, multiply, divide, and perform other basic numerical calculations correctly.

Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences.

Oral Expression: The ability to communicate information and ideas in speaking so others will understand.

Originality: The ability to come up with unusual or innovative ideas about a given topic or situation, or to develop creative ways to solve a problem.

Selective Attention: The ability to concentrate on a task over a long period of time without being distracted.

Speed of Closure: The ability to quickly make sense of, combine, and organize information into meaningful patterns.

Verbal Reasoning: The ability to think and reason with words; the ability to reason out ideas expressed in words.

Written Comprehension: The ability to read and understand information and ideas presented in writing.

Written Expression: The ability to communicate information and ideas in writing so others will understand.

Knowledge

Accounting: Knowledge of various principles and methods for maintaining records of commercial and financial transactions and records, preparing various reports and statements, ensuring compliance with commercial and business laws and rules of a country, etc.

Business Management: Knowledge of managing a business which involves planning of what to do, organising resources and people, leading and supervising work activities of people, and monitoring performances of people as well as performance of business. This includes knowledge of marketing, finance, human resources management, operations management, etc.

Economics: Knowledge of economic principles and practices; understanding how various resources such as land, labour and capital are used; how market demands rise and fall; how a country collects and spends money; and similar other economic issues and situations.

Skills

Active Learning: Focused and continuous learning from various sources of information, observation and otherwise for application in getting work done.

Coordination: Skills in working together with other people to get things done.

Critical Thinking: Skills in analysis of complex situations, using of logic and reasoning to understand the situations and take appropriate actions or make interpretations and inferences.

Judgment and Decision Making: Skills in considering pros and cons of various decision alternatives; considering costs and benefits; taking appropriate and suitable decisions.

Managing Financial Resources: Skills in determining how money should be spent to get the work done, and accounting for these expenditures.

Negotiation: Skills in bringing others together and trying to reconcile differences.

Persuasion: Skills in persuading others to change their minds or behaviour.

Problem Solving: Skills in analysis and understanding of problems, evaluating various options to solve the problems and using the best option to solve the problems.

Reading Comprehension: Skills in understanding written sentences and paragraphs in work related documents.

Service Orientation: Skills in or keen interest to help and assist people.

Time Management: Skills in prioritizing work, managing time effectively.

Writing: Skills in communicating effectively in writing as appropriate for the needs of the readers.

Personality

You are always or mostly organised in your day-to-day life and activities.

You are always or mostly careful about your actions and behaviour.

You are always or mostly disciplined in your action and behaviour.

You are always calm or generally remain calm in most situations.

You always feel secure in your surroundings and in most situations.

You can always act independently or could do so in most situations.

You trust others sometimes but not always.

You act independently sometimes but do not do so in some other times.

You are always practical or in most situations.

You always or mostly prefer to stick within a routine or carry out routine and repetitive activities.