Company Description Indo Thai Securities Ltd. (ITSL) is a diversified financial services firm that began operations in 1995 with membership in the National Stock Exchange of India Limited. Over the past two decades, ITSL has expanded its offerings to include multiple trading platforms, mutual funds, depository services, and advisory solutions. The firm emphasizes a process-driven, diligent trading experience grounded in ethical practices and continuous improvement.

ITSL serves institutional clients, high net worth individuals, and retail investors, and ranks among the top stock broking companies in Central India. Headquartered in Indore, the company supports branches and franchisees across India, catering to over 8,000 clients in more than 60 locations.

Role Description To manage day-to-day equity research output, client communication, model portfolio maintenance, client onboarding, business development, and full regulatory compliance for the firm's SEBI-registered Research Analyst (RA) operations

Key Responsibilities

- Research & Reporting

Prepare and circulate the daily morning note for clients, Monthly Outlook etc.

Draft and update equity research reports on the covered stock universe; track and update results/targets

Prepare reports on stocks in the model portfolio; document and update rationale for each portfolio rotation/change

Prepare commodities arbitrage reports

2.

Client

Communication

Prepare and issue client statements

Communicate with clients on updates, performance, and queries

3.

Client

Onboarding & Records

Onboard current clients on the RA platform

Conduct KYC and maintain accurate, up-to-date client records

4.

Business

Development & Growth





Prepare presentations and pitch decks required to grow the business and related service lines

Support business development initiatives — client acquisition material, partner/channel presentations, product/service showcase decks

Qualifications

- Candidates should possess strong equity research and financial analysis skills, including financial modeling, valuation techniques (DCF, relative valuation), and balance sheet, income statement, and cash flow analysis.
- Candidates should possess skills in data analysis and research, including proficiency with Excel, databases, and the ability to synthesize company, sector, and macroeconomic information into clear insights.
- Candidates should possess professional communication skills, including the ability to write concise, well-structured research reports and present investment ideas effectively to internal teams and clients.
- Candidates should possess market awareness and investment aptitude, including understanding of capital markets, equity products, and key regulatory and compliance considerations.
- Candidates should possess strong organizational and collaboration skills, including time management, detail orientation, and the ability to work constructively within a research team and with cross-functional stakeholders.
- Relevant academic background such as a degree in Finance, Economics, Commerce, Business, or a related quantitative field; professional certifications such as CFA or progress toward them are an advantage.
- Prior internship or work experience in equity research, investment banking, portfolio management, or related roles will be considered beneficial.

📌 Associate Analyst Equity Research & Related Operations (Indore)
🏢 Indo-Thai Securities
📍 Indore