Equity Research Analyst (Associate – Fresher)

About This Role

BNP Paribas Securities India is hiring fresher Equity Research Analysts for its India Research desk. BNP Paribas is Europe's largest bank and a major player in Asian equity brokerage. BNP Paribas India Research covers 80+ Indian companies across BFSI, consumer, technology, and industrials. You will produce research for BNP Paribas's European and Asian institutional investor client base.

Key Responsibilities

• Build and maintain financial models for Indian listed companies in assigned sectors
• Write quarterly earnings notes, sector reports, and investment recommendations for BNP Paribas's institutional clients
• Track company management guidance, analyst consensus, and stock price catalysts for covered companies
• Analyse European investor interest in Indian equities — sector rotation, FII flow patterns, and India vs. EM positioning
• Support BNP Paribas's APAC equity sales with India stock ideas and sector views for European client roadshows
• Use Bloomberg, Reuters Eikon, and SEBI/BSE/NSE databases for company and market data

Requirements & Skills

• MBA (Finance) or CFA Level I from a recognised institution (2025/2026 batch)
• Strong financial modelling skills (DCF, P/E, EV/EBITDA) and equity valuation
• Interest in French/European banking culture is advantageous (not mandatory)
• Good written English for research report writing
• NISM Research Analyst (Series XV) is a strong advantage

Benefits & Work Conditions

• Competitive salary with BNP Paribas annual bonus
• BNP Paribas structured graduate development programme in research
• Bloomberg Terminal and Reuters Eikon access
• Hybrid work with BNP Paribas's Mumbai office
• CFA and NISM certification support

About the Company

BNP Paribas is Europe's largest bank, with €2.5 trillion in assets and 190,000 employees in 65 countries. BNP Paribas Securities India Pvt Ltd is a SEBI-registered stock broker and SEBI-registered research entity covering 80+ Indian companies. BNP Paribas India Research is well-regarded among European institutional investors for its India equity coverage.

How to Apply

Apply at group.bnpparibas/en/careers and search for Equity Research Analyst roles in India.