Investment Research Analyst – Economics & Buy-Side Setup

Company Description

Established in 2005, JMN Investments Research provides offshore investment research services to the global financial services industry. Guided by the leadership of industry veteran S.V. (Bala) Balachander, JMN emphasizes free thinking, experiential learning, and adherence to CFA Institute's professional ethics and standards. The team, comprised of CFA/CMT charter holders and finance and engineering graduates, delivers personalized, high-quality research to clients worldwide. With a culture that prioritizes work-life balance, accountability, and innovation, JMN fosters a collaborative environment to address complex financial challenges. Based in Chennai, India, JMN benefits from the city's rich heritage and dynamic environment while serving an international clientele with a distinct understanding of diverse cultural and professional needs.

About the Role

JMN Investment Research is launching a new Buy-Side Investment Management Division in India.

We’re looking for a highly analytical and motivated Investment Research Analyst with strong skills in economics, statistics, and forecasting models, and a working knowledge of fundamental equity analysis.

This role offers a rare opportunity to help build a buy-side investment platform from the ground up, collaborating with SEBI, legal, compliance, and senior leadership teams.

Key Responsibilities

Economic & Quantitative Research

• Track and analyze macroeconomic indicators — GDP, inflation, IIP, interest rates, liquidity, and global trends.

• Build and maintain econometric models (Regression, Time-Series, ARIMA, VAR, Leading Indicators).

• Prepare concise economic outlook reports, dashboards, and strategy updates for management.

Fundamental Research Support

• Assist senior analysts in company and sector-level research, including financial statement analysis and valuation work.

• Support model development, peer benchmarking, and data compilation from economic and financial sources.

Buy-Side Setup & Regulatory Coordination

• Support SEBI-related documentation and filings for PMS / AIF / RIA setup.

• Work with legal, compliance, and audit teams on governance processes.

• Contribute to drafting SOPs, research frameworks, and compliance documentation.

• Assist with onboarding of vendors, data providers, and research tools.

Stakeholder & Operational Coordination

• Liaise with external consultants, regulators, and internal departments to ensure efficient execution.

• Manage documentation, process tracking, and operational support for the buy-side division.

Qualifications

Education

• Bachelor’s or Master’s degree in Economics, Statistics, Econometrics, or Finance.

• Preferred: M.Sc. Economics / MA Economics / MBA (Finance) / B.Stat / M.Stat.

• CFA Level I or equivalent certification is an advantage.

Experience

• 1–2 years of experience in economic research, investment analysis, or related quantitative/economic domains.

Skills & Competencies

Core Research Skills

• Strong foundation in statistics, econometrics, and macroeconomic analysis.

• Ability to interpret data and translate insights into actionable strategies.

• Understanding of fundamental research and valuation methods.

Technical Skills

• Advanced Excel (must-have).

• Working knowledge of Python or R (preferred).

• Familiarity with data sources: RBI, MOSPI, CMIE, IMF, World Bank, etc.

Soft Skills

• Excellent written and verbal communication.

• High attention to detail and analytical mindset.

• Strong ownership, accountability, and proactive approach.

• Ability to work in a dynamic, early-stage environment.