Job Description

The Research Associate will work closely with Portfolio Managers and Research Analysts to conduct deep-dive research on potential investment opportunities. The candidate will support industry/stock analyses, financial modelling, primary research, and monitoring of companies and sectors to feed ideas into the investment process.

Key Responsibilities

• Perform industry analysis: assess key trends, competitive strategies of major players, market structure, growth drivers and risks.

• Benchmark operational & financial performance metrics of major industry players (e.g., margins, growth rates, asset turns, returns).

• Conduct detailed financial-statement analyses and valuation work: build and maintain financial models (income statements / balance sheets / cash flows), compute valuation (DCF, multiples, residual income, etc.).

• Monitor continuously: track news flow, business-model changes, quarterly/annual results of companies under coverage and their peers/suppliers/customers.

• Conduct primary research: meet with companies, competitors, suppliers, customers; listen to quarterly conference calls; prepare summary meeting/call notes.

• Produce research deliverables: draft write-ups, investment memos, note key findings and investment implications for the team.

• Assist in the preparation of presentations/reports for internal investment discussions and for the portfolio team.

• Work with senior team members to identify new ideas, update models and databases, maintain coverage universe.

• Stay abreast of macro-economic, regulatory and sector developments which may impact company/industry dynamics.

Qualifications & Skills

• CA with a graduate degree in Economics, Accounts, Business, or Mathematics (or equivalent).

• 1–3 years of relevant experience in equity research or related field; CFA Level 1 (or prepared) will be an advantage.

• Outstanding analytical and problem-solving skills; ability to dig into data, ask the right questions, form logical investment insights.

• Strong written and spoken communication skills; ability to clearly articulate research findings and investment theses.

• Demonstrated keen interest in equity markets and investments, with good understanding of company financials.

• Excellent modelling capabilities with MS Excel and strong comfort with numbers/financial statements.

• Ability to work under pressure and manage multiple tasks simultaneously, with good time-management skills.

• A self-starter, curious / proactive, with attention to detail and willingness to learn.

Preferred Attributes

• Strong quantitative skills, good comfort with valuation techniques and financial modelling.

• Good business acumen & commercial mindset: understanding how industries work, business models evolve, competitive dynamics matter.

• Ability to synthesize large amounts of information into actionable investment ideas.

• Team‐oriented but able to work independently on defined assignments.

• Comfortable meeting management, industry participants, attending calls, summarising key points for the investment team.