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Equity Research Analyst - Infrastructure

India, Mumbai · Job Posted May 28, 2025
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Job Description

The Global Research Center (GRC) of Citi Research in Mumbai is a full research office working with Equities Research, Fixed Income Research, Commodities Research, Rates and Structured Products Research and Equity Quant Research. It also handles various critical functions such as Supervisory Analyst, Research Distribution, Modeling and Risk Management. The successful candidate will join the Citi Research’s Global Research Center in Mumbai and will work directly with Citi’s Middle-East and North Africa (MENA) Infrastructure team. The role will focus on the coverage of companies in the broad infrastructure sector (shipping, ports and toll roads sector). The work will involve commercial and financial analysis of company performance, maintaining industry databases and financial modelling, and valuations.

Job Responsibility

  • building financial models
  • writing research reports
  • conducting macroeconomic analysis on the stock / industry
  • communicating the team's ideas to institutional investors
  • conducting due diligence and working with Citi's product team to identify trends in the space
  • Maintenance of quarterly preview sheets for key products to include volume, pricing and currency effects on sales
  • Primary task would be keep company models updated for catalysts, news flow, pipeline estimates etc
  • Assist in background research on individual company products, including building and analyzing market models for key pipeline assets
  • Contribution to thematic sector research pieces as needed using secondary research
  • Make Investment Recommendations
  • Interact with Institutional Clients
  • Arrange company visits and regular management contact for investing clients and due diligence purposes
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Requirements

  • Strong financial modeling skills, including full company modelling experience
  • Good data management and analysis skills and a high degree of comfort with Excel
  • should be comfortable in maintaining and updating existing models and databases
  • Strong interpersonal skills for dealing with overseas colleagues
  • Ability to work under pressure, with minimal supervision, and in a team environment
  • The ideal candidate will be highly detail-oriented and will possess strong organizational skills
  • The candidate should be a pragmatic "self-starter"
  • who can work both independently if the analyst is traveling or as part of a team
  • Prior equity research experience of at least 10 years – exposure to Infrastructure sector
  • preferably worked in supporting MENA market and M&A experience
  • Bachelor’s/University degree or equivalent experience

Nice to have

preferably worked in supporting MENA market and M&A experience

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