Credit Suisse is a leading global financial services organization
headquartered
in Zurich. We provide services across Investment Banking, Private
Banking &
Asset Management.
Our Indian operations started in end-2006 (with trading beginning Mar-
07).
Currently we have a 100 member team in Mumbai. We have started
operations in
Equity Research, Sales & Trading and IBD.
The equity research team has around 15 people covering 80 companies
across
sectors like Oil and gas, IT, Telecom, Banks, Autos, Real estate,
Pharma,
Consumer goods, Capital goods etc. There are 7 lead analysts and 5-7
research
associates. The team is roughly half split between IIMA and IIMC
alumni.
The research team is looking to expand and induct more research
associates in
order to expand coverage of companies.
The current opening in the research team is for IIM graduates from
2006-07 batch.
Career progression:
* The nomenclature is a bit different in research side of i-
banks. All
people from the new entrant to the director are called 'Analysts'.
The right
nomenclature that would give you a comparison with the other
departments is:
Research Associate (also called 'analyst', around 2 yrs), Associate
(around 3
yrs), VP (around 3-4 yrs) and Director.
* Hires would work under a lead analyst on a particular sector.
You would
work closely with the analyst on building models, valuations, reports
etc.
Regular work would involve quarterly result updates, short notes on
news flow,
attending analyst conference calls etc. Non-recurring work would
include
company coverage initiations, specific client requests etc.
* Would be given independant coverage from associate level
upwards.
You need to have:
* Good analytical and modeling skills.
* Sound concepts from FIN 1 & 2, Manac, MACR, IPM etc. (wouldn't
be using much of FORM)
* Familiarity with Excel
* Ability to understand the dynamics of the sector you study (not
only the
financial aspects, the other aspects like level of competition,
regulatory
environment, issues in the sector etc).
What you get:
* An opportunity to work with one of the fastest growing and
exciting
equities team in India.
* An opportunity to get independant reserach coverage in 3 yrs
(or earlier,
depending on your performance)
* Compensation that is the best in the industry.
An average day at office is 12 hrs long, with occasional work on
weekends (say
once a month). Only interested candidates need to apply.
As a point of reference, I am a research associate working on the
Indian IT and
telecom sectors for the past 18 months (since coming out of campus).
Along with
my lead analyst, I have 12 stocks under coverage.
Please send CVs/queries to sunil.tirumalai@ credit-suisse. com
