About the role

Principal Analyst/Associate Director – Fundamental Equities
(Software) – Financial Research

The D. E. Shaw group is a global investment and technology
development firm with more than $90 billion in investment capital as of
March 1, 2026, and offices in North America, Europe, and Asia. Since
our founding in 1988, our firm has earned an international reputation
for successful investing based on innovation, careful risk management,
and the quality and depth of our staff. We have a significant presence in
the world’s capital markets, investing in a wide range of companies and
financial instruments in both developed and developing economies.

We are looking for resourceful candidates to join our Fundamental
Equities team within the Financial Research group, based in Hyderabad,
Bengaluru or Gurugram. The team collaborates closely with front office
groups to provide high-quality, in-depth research and analysis,
supporting investment strategies, and decision-making processes.

WHAT YOU WILL DO DAY-TO-DAY:
In this role, you will cover companies within the technology sector and
contribute to the development of investment views through rigorous
fundamental analysis. You will act as a thought partner to front office
teams, supporting idea generation, refining existing investment theses,

and bringing differentiated insights into ongoing discussions. Your day-
to-day work will involve developing deep understanding of a company’s

business model and competitive positioning and building financial
models to reflect that understanding. You will track company
developments, earnings, news flow, and external research perspectives
to identify key themes and inflection points and synthesize these into

investment memos. In addition, you will conduct in-depth benchmarking
of companies against peers across financial and operational metrics, and
engage regularly with management teams, sell-side analysts,
intermediaries, and sector experts to inform your research and
strengthen sector understanding.

WHO WE ARE LOOKING FOR:

The ideal candidate should hold-
Basic qualifications:

─ A degree in finance or equivalent (MBA, CFA, or CA), with at least
8 years of investment research experience
─ Prior investment research and analysis experience in Enterprise
Software, Vertical Software and/or Payments sectors. Candidate
should be well versed with the business models and industry
dynamics of these sectors
─ The ability to demonstrate hands-on financial modeling and
valuation skills
─ Robust analytical aptitude and keen attention to detail
─ Excellent verbal and written communication skills, with the ability
to clearly articulate investment analysis and perspectives

Principal Analyst/Associate Director – Fundamental Equities (Software) – Financial Research

About the role