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Who are we?Carnelian Asset Management & Advisors was founded in 2019 by Vikas Khemani, Manoj Bahety, and Swati Khemani with a vision to build a world-class asset management organisation respected for its Excellence, Scale, and Culture. We currently manage ~USD 1.7 billion in Indian equities for the country's leading HNIs, family offices, and partners' own capital — across AIFs, PMS, Advisory mandates, and an offshore USD-denominated fund through our IFSC GIFT entity.Our investment philosophy is grounded in buying quality growth companies at a reasonable valuation, underpinned by our proprietary forensic framework and a disciplined approach to identifying larger themes, trends, and stocks ahead of the curve. Today we work with India's most respected wealth platforms, 600+ partners, 7,000+ clients, 10 locations and expanding across the country.We are dedicated to nurturing talent by providing the tools, mentorship, and environment needed for both personal and professional growth. If you aspire to be part of one of the fastest growing asset management company and want to redefine the future of investing with first principle’s approach creating a lasting impact for our investors our partners, and the industry at large – Carnelian is the place for you.What you'll ownAs an Equity Research Analyst, you will be responsible for conducting in-depth research and analysis of investment opportunities within the equity markets. Your insights and recommendations will play a crucial role in shaping Carnelian’s investment strategies and portfolio decisions. The role will need you to:Do the research - Conduct comprehensive fundamental analysis of companies and industries, including financial statement analysis, valuation modelling, and industry trend assessmentHave a point of sound view - Generate and communicate actionable investment recommendations based on thorough research and analysisBuild the numbers - Build and maintain detailed financial models to forecast company performance, valuation, and investment returnsWrite with precision - Prepare clear, concise, and insightful research reports and presentations for internal stakeholders and clientsStay ahead - Monitor financial markets, industry developments, and macroeconomic trends to identify emerging investment opportunities and risksCollaborate meaningfully - Work closely with portfolio managers and other analysts to provide research support and contribute to investment strategy discussionsClient Interaction - Engage with clients and stakeholders to discuss research findings, investment strategies, and market outlooksOwn the process - Ensure adherence to regulatory requirements and internal compliance policies in all research activities and recommendationsWhat will make you a good fit?You bring onboard:Expertise and qualification: A CA or CFA with at least +8 years of experience in equity research — with a genuine obsession for understanding businesses and a track record of rigorous, independent analysisStrong analytical mindset: You know how to get and analyse data, financials, and reports the way most people don't — looking past the headline numbers to the quality of information underneath, without cutting corners on rigour.Agility & Attention to detail: You enjoy working efficiently under tight timelines. You have a keen eye for data, building models with precision, build guardrails to avoid preventable risks and getting this done right the first time. You use technology to amplify your agility in intuitive ways - to identify anomalies, uncover patterns and get to core insights from data.Solid communication skills and market savviness: You are passionate about markets and can hold an intelligent conversation about equities, macro, and portfolio construction — and translate that into a clear, well-reasoned investment viewSelf-driven and accountable: You are intellectually honest — you change your view when the facts demand it and work towards building perspectives view without waiting to be directed.First-principles thinker and client-first: You do right by the end investor even when it's inconvenient and bring depth and conviction to every piece of work you deliver.Collaborative & Openness to feedback: You are a team player and know how to collaborate across functions. You make the team around you sharper, share credit naturally, and treat feedback as fuel not friction.If you are looking to grow with Carnelian, as it charts its way to becoming a defining name in Indian asset management, apply now!