Job Description
About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 1++ 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 12000 employees, to provide support and develop best-in-class solutions
About Business line/Function :
The Equity Research Support team supports Equity Research analysts in analyzing and providing financial insights on publicly-traded companies and/or sectors to facilitate investment decisions within fund allocations
This team is responsible for financial research for India and is involved in the data collection and presentation. The team is involved in reviewing the industry, preparing research reports, financial modeling and company valuations.
Job Title:
Equity Research Support - Research Associate (BFSI)
Date:
2026
Department:
Research Support
Location:
Mumbai
Business Line / Function:
Research
Reports to:
(Direct)
Lead
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
BNPPISL is looking for experienced professionals in the area of equity research (BFSI) to support the lead analyst covering the BFSI sector. The associate will be based out of Mumbai.
Responsibilities
Under the guidance of the lead analyst, the associate will perform the following:
• Collect secondary and primary data, build and regularly update industry databases and perform industry analysis
• Prepare financial statement forecasts for companies under coverage
• Estimate the fair value for stocks of companies under coverage and determine investment recommendations for stocks
• Write an equity research report detailing the industry outlook and the investment thesis on a particular stock or multiple stocks under coverage
• Prepare research reports providing regular updates on industries and companies under coverage
• Prepare presentations for analyst marketing roadshows
• Liaise with investor relations departments of companies under coverage and attend quarterly earnings conference calls and analyst meets of companies
Technical & Behavioral Competencies
• Preferably 2-5 years’ relevant experience. Preferably in equity research – Banking, Financial Services and Insurance sectors
• Have an MBA from a reputed institution or CA or CFA
• Have an in-depth knowledge of financial modelling and valuation techniques. They should be proficient in using Bloomberg and MS Office applications such as Excel, Powerpoint and Word.
• Good understanding of the Banking, Financial Sector and Insurance sectors including how to value companies from these sectors.
• Committed to upholding high standards of integrity, having sound analytical skills and are passionate about investing
• Have a flair for business writing and excellent inter-personal skills to build relationships with personnel of companies under coverage, industry experts and internal stakeholders like equity sales and sales traders.
Skills Referential
Specific Qualifications (if required)
Behavioural Skills: (Please select up to 4 skills)
Communication skills - oral & written
Attention to detail / rigor
Ability to collaborate / Teamwork
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to manage a project
Education Level:
Master Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if Required)
Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
MISCELLANEOUS
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
At least 2 years
Schedule
Full-time
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 1++ 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 12000 employees, to provide support and develop best-in-class solutions
About Business line/Function :
The Equity Research Support team supports Equity Research analysts in analyzing and providing financial insights on publicly-traded companies and/or sectors to facilitate investment decisions within fund allocations
This team is responsible for financial research for India and is involved in the data collection and presentation. The team is involved in reviewing the industry, preparing research reports, financial modeling and company valuations.
Job Title:
Equity Research Support - Research Associate (BFSI)
Date:
2026
Department:
Research Support
Location:
Mumbai
Business Line / Function:
Research
Reports to:
(Direct)
Lead
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
BNPPISL is looking for experienced professionals in the area of equity research (BFSI) to support the lead analyst covering the BFSI sector. The associate will be based out of Mumbai.
Responsibilities
Under the guidance of the lead analyst, the associate will perform the following:
• Collect secondary and primary data, build and regularly update industry databases and perform industry analysis
• Prepare financial statement forecasts for companies under coverage
• Estimate the fair value for stocks of companies under coverage and determine investment recommendations for stocks
• Write an equity research report detailing the industry outlook and the investment thesis on a particular stock or multiple stocks under coverage
• Prepare research reports providing regular updates on industries and companies under coverage
• Prepare presentations for analyst marketing roadshows
• Liaise with investor relations departments of companies under coverage and attend quarterly earnings conference calls and analyst meets of companies
Technical & Behavioral Competencies
• Preferably 2-5 years’ relevant experience. Preferably in equity research – Banking, Financial Services and Insurance sectors
• Have an MBA from a reputed institution or CA or CFA
• Have an in-depth knowledge of financial modelling and valuation techniques. They should be proficient in using Bloomberg and MS Office applications such as Excel, Powerpoint and Word.
• Good understanding of the Banking, Financial Sector and Insurance sectors including how to value companies from these sectors.
• Committed to upholding high standards of integrity, having sound analytical skills and are passionate about investing
• Have a flair for business writing and excellent inter-personal skills to build relationships with personnel of companies under coverage, industry experts and internal stakeholders like equity sales and sales traders.
Skills Referential
Specific Qualifications (if required)
Behavioural Skills: (Please select up to 4 skills)
Communication skills - oral & written
Attention to detail / rigor
Ability to collaborate / Teamwork
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to manage a project
Education Level:
Master Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if Required)
Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
MISCELLANEOUS
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
At least 2 years
Schedule
Full-time
💡 Quick Summary
Seeking a career-building opportunity? The Equity Research Support | Research Associate |BFSI position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
