IDBI Federal Life Insurance - Lead Research Analyst - Mid Cap

Lead Research Analyst - Mid Cap

This role is responsible for managing the performance of the equity schemes of the company's AUM. The person is expected to manage the equity portfolios with the objective of delivering returns that are superior to that of the defined benchmarks, while at the same time manage the portfolio risks through timely stock-specific action.

1. Tracking developments in economy, sectors and stocks

- Scanning newspapers and websites to gain relevant information (information that can have an impact on stock prices).

- Scanning broker research and studying stock/sector/economy reports - discussing key research reports with author/analyst.

- Discussing reports/developments with in-house analyst (if there is one) and come to a considered judgment on any required portfolio action.

- Meeting companies in the investible universe and other allied sectors / industries to assess key trends /developments.

2. Making necessary changes in the portfolio

- Decide and Initiate trades to reflect the desired changes in the portfolio.

- Follow up with dealing team and ensure that the trades get executed.

3. Periodic analysis of portfolio performance and deciding on corrective action

- Carry out attribution analysis and assess strategies that worked and that didn- t.

- Decide on the corrective steps in terms of Stock selection, Sector allocation and Asset allocation, so that the portfolio is best positioned to perform better than the defined benchmarks, over the medium term.

4. Mentoring

- Work with research team members to set targets in their respective coverage areas and guide them towards achieving the same.

5. Deal execution and other administrative matters

- Work with concerned team member to ensure timely completion of deals and other work streams, which are in the nature of support / admin