Equity Research Analyst Cash & F&O

What Youll Do

• Conduct comprehensive fundamental research on companies and sectors; track earnings, guidance, regulatory and macro developments.
• Build, maintain, and audit 3statement models; perform valuation using DCF, trading and transaction comps, and scenario/sensitivity analysis.
• Apply LLM workflows to summaries transcripts/filings, extract KPIs, compare guidance, and draft research notes for faster iteration.
• Develop clear investment theses with catalysts, downside risks, and valuation views tailored to Indian markets.
• Collaborate with portfolio managers on position sizing, risk limits, and ongoing monitoring of holdings.
• Use F&O knowledge to propose hedging overlays (e.g., protective puts, collars) aligned with mandate and risk budgets.
• Design and document implementable strategies (deltaneutral, trendfollowing, meanreversion) and evaluate them using historical data.
• Prepare crisp postearnings takeaways and refresh recommendations/models as new information becomes available.
• Maintain an organized research repository with sources, assumptions, and decision logs for auditability.

Objectives of the Role

• Deliver timely, decisiongrade research that materially improves portfolio outcomes.
• Integrate hedging and derivatives thinking into coverage to manage drawdowns and volatility.
• Continuously improve research speed and consistency with LLMassisted processes and strong documentation.

Your Tasks

• Analyze financial statements (income statement, balance sheet, cash flow) to assess performance and quality of earnings.
• Evaluate qualitative factors: management quality, governance, competitive position, industry structure, and regulatory context.
• Translate theses into portfolio actions with entry/exit rationale, key risks, and riskreward framing.
• Participate in management meetings, earnings calls, and industry events; produce highsignal summaries under time constraints.
• Present findings to investment committees; defend assumptions, sensitivities, and risk mitigates.

Provide timely updates to models/recommendations based on disclosures and market moves

Required Skills & Qualifications

• Bachelors degree in Finance, Economics, Accounting, or related field.
• At least 3 years of equity research or investment analysis experience in India.
• Strong command of valuation methods (DCF, comparables), accounting (IFRS/Ind AS nuances), and market microstructure basics.
• Handson exposure to futures and options with a working understanding of payoffs, Greeks, and practical trade constructs.
• Ability to propose and explain hedging overlays in plain language to nonderivatives stakeholders.
• Comfort using LLM tools to accelerate research (transcript/filing summaries, KPI extraction, firstdraft writing).
• Advanced MS Excel and solid PowerPoint; familiarity with Bloomberg/Refinitiv, FactSet, or Capital IQ.
• Clear written and verbal communication; crisp, structured presentations.

Preferred

• CFA charterholder or in progress.
• Experience documenting and evaluating strategies such as deltaneutral, trendfollowing, and meanreversion using historical data.
• Basic data skills (e.g., Excel Power Query or introductory Python for data cleaning/backtesting).
• Familiarity with Indian research compliance norms and proper source/documentation practices.

Compensation & Benefits

• Monthly salary: 40,000–50,000 (CTC; commensurate with experience and fit).
• Performancelinked incentives; learning allowance for relevant certifications (as applicable).
• Onsite role with close interaction with PMs and senior leadership.

Equal Opportunity: Blue Square Infrastructure is an equal opportunity employer and values diversity in our team.