Role: Buy-Side Equity Research Associate

Sector: Energy & Resources | Oil & Gas & Metals & Mining

HAACHI IS MANDATED TO HIRE:

- Haachi is recruiting on behalf of a LEADING CATEGORY III ALTERNATIVE INVESTMENT FUND, a respected, conviction-driven investment firm with a proven track record in Indian equities. They're actively adding members to their Energy & Resources research team and looking for exceptional talent.

- If you're a sell-side analyst tired of consensus chasing, this opportunity is for you.

About Our Client:

This fund was founded by seasoned investment professionals with deep roots in Indian equities. Leadership is fully aligned with investors through personal capital commitments.

What They Value:

- Disciplined investing based on rigorous fundamental analysis.

- Long-term conviction over short-term trading.

- Risk-aware capital allocation focused on protecting and growing investor wealth.

- Lean, entrepreneurial culture where individual contributions directly impact decisions.

The Opportunity:

Our client is actively hiring an Oil & Gas & Metals & Mining Associate to expand their energy and resources research capability.

Why This Sector Matters:

The global energy transition, OPEC+ dynamics, and India's critical mineral ambitions are reshaping Oil & Gas, Metals & Mining, and Petrochemicals sectors. Structural shifts create opportunities that consensus-driven sell-side research missesexactly where conviction investing wins.

- You'll develop expertise across:

1. Upstream Oil & Gas (Refining, Marketing, City Gas Distribution)

2. Ferrous & Non-Ferrous Metals

3. Critical Minerals & Mining

Your research will directly influence investment decisions across the fund's portfolio.

What You'll Actually Do:

A. Deep Energy & Resources Research:

- Build sophisticated financial models: commodity price cycles, production volumes, GRM dynamics, reserve positioning, NAV analysis.

- Conduct PRIMARY RESEARCH: field visits, management meetings, channel checks with suppliers and logistics partners.

- Develop proprietary insights on cost curves, capacity, and reserve dynamics that sell-side misses.

B. Direct Portfolio Impact:

- Formulate rigorous buy/sell/hold theses presented directly to portfolio managers.

- Write quarterly deep-dives + 12 monthly research reports on new ideas or macro shifts.

- Participate in investment committee discussions.

C. Structured Mentorship:

- Work directly with senior investment professionals.

- Receive real-time feedback on your analysis, valuations, and sector thinking.

- Participate in training on advanced modeling, risk management, and market dynamics.

We're Looking For:

Experience:

- 2-6 years of equity research or financial analysis.

- Direct sector experience covering Oil & Gas, Petrochemicals, Metals, or Mining.

- Field work and primary research highly valued.

Your Toolkit:

- Bloomberg, FactSet, advanced Excel.

- Complex financial modeling (DCF, multiples, NAV, working capital cycles).

- Oil & Gas / Metals metrics (GRMs, production costs, reserve replacement ratios, cost curves).

Education Background:

- BTech/B.E. (Petroleum, Chemical, Mining, Metallurgy preferred), MBA, CFA, or Master's in Finance.

Mindset:

- Long-term thinkernot worried about monthly broker consensus.

- Intellectually rigorous and willing to challenge conventional wisdom.

- Ownership-focused on original insights.

- Eager to learn from experienced investors.

Why This Beats Sell-Side:

- Conviction over volume.

- Your ideas compound into multi-year positions.

- Direct access to senior decision-makers.

- Real impact on 70,000+ crore portfolio decisions.

- Career fast-track to PM roles.

- Aligned interests with leadership.

The Real Talk:

- This is demanding research requiring:

1. Proprietary views on 40-50 companies in your coverage universe.

2. Rigorous multi-layered analysis (not sell-side summarization).

3. Defensible theses on commodity dynamics and structural trends.

4. Ability to defend views before experienced investors.

- You'll become known as an analyst who trades on conviction, not consensus.

- If you're tired of chasing beats and misses, this is your exit to real investing.