DBS Bank

Regional bank offering digital banking

Associate/Senior Associate - Specialist, Industry and Equity Research

Equity & Credit ResearchUpdated on Nov 12

Full-timeSingaporeNo salary listedIn-person

About the Job

Requirements

Relevant experience in equity research, investment banking, asset management, or a related analytical role is required.
A bachelor's degree in Finance, Economics, Accounting, Business, or a related field is required.
Strong financial modelling and valuation skills, including discounted cash flow, trading and transaction comparables, and sum-of-the-parts analysis, are required.
A solid understanding of financial statements and accounting principles is required.
Advanced Excel proficiency and comfort working with large datasets are required.
Familiarity with Bloomberg, FactSet, Capital IQ, or equivalent research platforms is required.
Working knowledge of PowerPoint for producing polished, client-ready presentations is required.
Practical experience using AI tools such as Claude, ChatGPT, or Copilot to accelerate research workflows—including data extraction, summarization, first-draft note writing, or model quality assurance—is required.
Ability to integrate AI-assisted research into a compliant, fact-checked institutional research process is required.
Strong written and verbal communication skills and the ability to distil complex analysis into clear, concise research are required.
Regional market awareness of Singapore and broader Asia-Pacific, with interest in multi-sector coverage, is required.
Ability to manage multiple coverage names and deadlines in a fast-paced environment is required.
High attention to detail and comfort working within a regulated, compliance-driven research environment are required.

Responsibilities

Support senior analysts in producing company and sector research notes, initiation reports, and thematic pieces across assigned coverage.
Build and maintain financial models, including discounted cash flow, comparables, and sum-of-the-parts models, and earnings forecasts for covered companies.
Track quarterly results, company announcements, and sector news flow, and flag material developments.
Conduct company and industry due diligence, including channel checks, site visits, and management engagement.
Assist in preparing investor-facing materials, including research decks, factsheets, sector dashboards, and comparative valuation tables.
Monitor regional peers and cross-market read-throughs relevant to covered sectors.
Contribute to house-view thematic research and portfolio strategy pieces.
Maintain data accuracy across internal databases, screens, and consensus trackers.
Support ad hoc requests from sales, trading, and institutional clients.

Desired Qualifications

CFA in progress or completed, or an equivalent professional qualification, is preferred.
Interest in applying AI tools to improve research productivity and idea generation is highly valued.

Role Overview

We are seeking a self driven individual to join the DBS Group Research team. The role is to support multi-sector equity research coverage across regional markets. The successful candidate will work closely with senior analysts to produce institutional-grade research on companies spanning multiple sectors (e.g., real estate, financials, industrials, consumer, or as assigned), with a regional (Asia-Pacific / Southeast Asia) mandate. This is a hands-on role combining financial modelling, sector analysis, and increasingly, AI-augmented research workflows.

Key Responsibilities

Support senior analysts in producing company and sector research notes, initiation reports, and thematic pieces across assigned coverage
Build and maintain financial models (DCF, comps, SOTP) and earnings forecasts for covered companies
Track quarterly results, company announcements, and sector news flow; flag material developments
Conduct company and industry due diligence, including channel checks, site visits, and management engagement
Assist in preparing investor-facing materials: research decks, factsheets, sector dashboards, and comparative valuation tables
Monitor regional peers and cross-market read-throughs relevant to covered sectors
Contribute to house-view thematic research and portfolio strategy pieces
Maintain data accuracy across internal databases, screens, and consensus trackers
Support ad hoc requests from sales, trading, and institutional clients

Requirements

Experience & Education

Relevant experience in equity research, investment banking, asset management, or a related analytical role
Bachelor's degree in Finance, Economics, Accounting, Business, or a related field
CFA (in progress or completed) or equivalent professional qualification preferred

Technical Skills

Strong financial modelling and valuation skills (DCF, trading/transaction comps, SOTP)
Solid understanding of financial statements and accounting principles
Advanced Excel proficiency; comfort with large datasets
Familiarity with Bloomberg, FactSet, Capital IQ, or equivalent research platforms
Working knowledge of PowerPoint for producing polished, client-ready presentations

AI & Analytical Tools

Practical experience using AI tools (e.g., Claude, ChatGPT, Copilot) to accelerate research workflows — data extraction, summarization, first-draft note writing, or model QA
Comfort integrating AI-assisted research into a compliant, fact-checked institutional research process
Interest in applying AI tools to improve research productivity and idea generation is highly valued

Other Requirements

Strong written and verbal communication skills; ability to distil complex analysis into clear, concise research
Regional market awareness (Singapore and broader Asia-Pacific) with genuine interest in multi-sector coverage
Ability to manage multiple coverage names and deadlines in a fast-paced environment
High attention to detail and comfort working within a regulated, compliance-driven research environment

Location:

DBS Asia Central

Job:

Research

Schedule:

Regular

Employee Status:

Full time

About the Company

DBS Bank

Regional bank offering digital banking

DBS Bank provides banking and financial services in Singapore and Southeast Asia, including personal and business banking, loans, deposits, wealth management, and payments. It serves customers through a network of branches and a digital platform that lets people open accounts, transfer funds, borrow, and invest via online and mobile apps. The bank differentiates itself with government-backed origins, rapid regional growth, a strong emphasis on digital banking, and a broad mix of consumer, corporate, and wealth services. Its goal is to be a leading, trusted financial services provider in Asia, supporting customers and economies with reliable banking and sustainable growth.

Company size: 10,001+
Company stage: IPO
Headquarters: Singapore, Singapore
Founded: 1968

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