Role Overview
We are looking for a Special Situations Analyst to identify, analyze, and execute investment opportunities across event-driven and alternative asset classes. The role involves working on buybacks, merger arbitrage, IPOs, unlisted equities, InvITs, REITs, and SLBM (Stock Lending & Borrowing Mechanism), with a strong focus on generating risk-adjusted and arbitrage-driven returns.
Key Responsibilities
- Track and evaluate corporate actions and special situations, including:
- Buybacks
- Open offers
- Mergers & acquisitions (merger arbitrage)
- Delistings and restructuring events
- Identify and execute opportunities in:
- SLBM for yield generation
- Unlisted / pre-IPO investments
- InvITs and REITs
- IPOs and secondary market dislocations
- Build financial models and probabilistic frameworks to evaluate:
- Expected returns
- Borrowing/lending yields (SLBM spreads)
- Event completion probabilities
- Downside risks
- Monitor ongoing trades and positions:
- Track borrow rates, roll costs, and demand-supply in SLBM
- Follow regulatory filings (SEBI, exchanges) and event timelines
- Work with trading/execution teams on:
- Arbitrage execution (cash-futures / event-driven)
- Position sizing and capital allocation
- Hedging strategies where applicable
- Prepare investment notes, deal trackers, and dashboards
Key Requirements
- 1–4 years of experience in:
- Mutual Funds
- Alternative Investment Funds (AIFs)
- PMS / proprietary trading desks
- Investment research / advisory
- Strong understanding of:
- Indian capital markets and corporate actions
- Event-driven strategies (merger arb, buybacks, special sits)
Proficiency in:
- Financial modelling
- Data-driven / probability-based decision making
- Familiarity with:
- SEBI regulations
- Market microstructure and liquidity dynamics
