Positions open for Equity Analysts (Update: Now closed)

IDRC is building a Quant Research Center (QRC™) in Mumbai for our New York based client, Risk Advisors Inc. Risk Advisors Inc. provides research and consulting to hedge funds and other financial institutions.

We are currently looking for up to two suitable people with work experience and demonstrated skills in financial data analysis and modelling, Equity Research, and Asset Allocation Modelling. Analysts will report directly to the Risk Advisors’ client-manager and a supervising IDRC manager. Analyst will be required to handle multiple simultaneous requirements, such as –

  • Data sourcing & collation from multiple structured and unstructured sources.
  • Devising data-modeling solutions in Excel/VBA, Matlab, R, SAS, or equivalent.
  • Raw-to-derived data modeling; smoothening and filtering; corporate actions adjustments.
  • Database design and maintenance.
  • Econometric time-series models for risk management and securities valuation.
  • Developing asset allocation models and back-testing asset-allocation strategies.
  • Macroeconomic and Industry/Sector specific research.
  • Notes on important events, news collation, idea screening.
  • Portfolio performance reports, simulations and optimization.

Other details:

Position Title:

Analyst – Financial Data Analytics/Equity Research/Asset Allocation Modelling

Number of Positions:

Up to 2

Job Location:

Mumbai preferred




Market standard based on skills, experience, and qualifications.

Sought Work Experience:

  • 1 to 6 years of relevant work experience with reputed companies.
  • Experience should reflect understanding of financial markets, experience in financial data analysis, equity research, and asset allocation modelling.
  • Experience should have involved authoring research reports and delivering presentations.
  • Experience of working in/delivering to, an international team.

Sought Qualification:

  • Postgraduate in Engineering, Statistics, Computer Science, Economics, Math, Finance, or other degrees with graduate-level math.
  • Certifications in finance such like CFA and FRM.
  • MBA is preferred.

Sought Skillset:

  • Expertise in Excel/VBA, Matlab, R, SAS, or equivalent.
  • Excellent documentation skills.
  • Excellent presentation skills.

To apply:

Applicants can write to us on talent@idrcglobal.com. Applicant must adhere to the criterion sought. Application must include resume and a cover letter or and inline cover note specifically explaining the strength of their candidature (Applications without cover letter or cover note will not be considered).

Candidates are suggested to create a descriptive profile on LinkedIn and follow IDRC on LinkedIn. We regularly visit the list of IDRC followers to match them with our job openings, relevant promotions and campaigns. (To do so, click on top right button on IDRC LinkedIn page).

Note that due to capacity constraints, only short-listed candidates will be contacted back.