Equity Research Associate - FIG

Role Overview

Jefferies is hiring an Equity Research Associate focused on Financial Institutions Group (FIG) coverage in the Mumbai Metropolitan Region. The role involves tracking market and industry developments, building financial models, supporting investment views, and contributing to high-quality equity research output.

Key Responsibilities

• Track sector and market developments closely, identify events that may affect covered stocks, and assess their likely impact.
• Carry out in-depth company analysis and valuation across different sub-sectors using DCF, relative valuation, and precedent transaction approaches.
• Build, update, and maintain financial models to project earnings and broader financial performance.
• Work with the Lead Analyst to sharpen the investment thesis, recommendations, and final research reports.
• Join company calls and meetings with management teams and industry specialists to gather detailed market and business insights.
• Assist in answering client questions on research findings, company performance, and market updates.

Qualifications and Background

• Applicants should have 2 to 3 years of experience in equity research; there is no specific sector or country background requirement.
• Strong analytical ability is essential, along with solid command over financial modelling and Excel.
• Excellent written and spoken communication skills are needed to create sharp, well-structured research reports.
• Working knowledge of tools and databases such as Bloomberg, Reuters, FactSet, and IQVIA is a strong plus.
• An MBA from a reputed institute or a CA qualification with strong academic performance is required.

About Jefferies

Jefferies is a global investment banking and capital markets firm offering advisory, sales and trading, research, and wealth and asset management services. With a presence in more than 40 offices worldwide, the firm serves investors, companies, and governments with market insight and expertise.

Diversity, Equal Opportunity, and Hiring Notice

Jefferies emphasizes a workplace culture that values diversity, inclusion, and fresh thinking. The company states that it is an equal opportunity employer and is committed to fair hiring practices, reasonable accommodations for candidates with disabilities, and compliance with applicable employment laws.

Fraud Alert

Jefferies warns applicants about impersonators falsely claiming affiliation with the firm. Official email communication will come only from an @jefferies.com address. The company will not contact candidates through social media apps such as WhatsApp or Telegram, will not ask for payment during recruitment, and will not issue fake online tests, courses, or offer letters.