Research Analyst

Research analysts must carefully examine data and produce meaningful information for their employer. This can involve not only drawing meaning from the data, but also checking to make sure the data is correct and using it to validate ideas and theories. When not examining or verifying information, a research analyst must work with their superiors to demonstrate what they have learned from their data and how it can be applied in the future for their business.

Research analysts can be found in both the private and public sectors and are necessary for most financial businesses to operate successfully. Depending on the company and field, a research analyst can find themselves looking over data for any number of things. Research analysts rarely work alone; in most cases, multiple analysts are examining and verifying data.

Research analysts should have a bachelor’s degree in accounting, business, or a relevant field; they may also benefit in additional education in the sector in which they work. In addition to analyzing data, a research analyst reports their findings to their company regularly, so they should be well versed in creating and giving presentations.

As a Research Analyst with 6-9 years of experience in Singapore, your main responsibilities include:

• Conducting in-depth market research to identify industry trends, competitive landscape, and potential investment opportunities.
• Analyzing and interpreting quantitative and qualitative data, using statistical methods and data visualization tools to derive meaningful insights.
• Collaborating with cross-functional teams to develop research reports, presentations, and recommendations for senior management and clients.
• Monitoring and tracking key economic indicators, industry news, and regulatory changes to provide timely updates and analysis for investment decision-making.

For a Research Analyst job role, the following qualifications are required:

• Strong research abilities to gather, analyze, and synthesize relevant data from primary and secondary sources, ensuring accurate and comprehensive research outcomes.
• Proficiency in statistical analysis software and methodologies to process and interpret data, identifying trends, correlations, and patterns.
• Excellent critical thinking and problem-solving skills to generate insights and recommendations based on research findings, contributing to informed decision-making.
• Effective communication skills to present research findings in a clear and concise manner, both verbally and in written reports, facilitating effective knowledge transfer and stakeholder engagement.

The role of a Research Analyst in Singapore with 6-9 years of experience offers a diverse range of opportunities in the finance industry. Here are following alternative roles for individuals in this position:

• Senior Market Research Analyst: A role involving in-depth market research, data analysis, and strategic recommendations to support business growth and market expansion.
• Investment Manager: A position focused on analyzing investment opportunities, managing portfolios, and providing investment recommendations to clients or organizations.
• Data Scientist: A role that combines expertise in research, statistical analysis, and programming skills to extract valuable insights from large datasets and contribute to data-driven decision-making.
• Business Development Manager: A position involving market analysis, identifying new business opportunities, and developing strategies to drive revenue growth and expand the company's client base.

The research analyst role in Singapore is expected to experience significant growth in the coming years. The market is expanding rapidly, creating numerous employment opportunities in this field. According to a 10-year analysis, there is a steady increase in demand for research analysts, indicating a positive growth trajectory. Employers are increasingly recognizing the value of data-driven insights, leading to a surge in demand for professionals in this role. With Singapore being a thriving hub for business and technology, the projected growth of research analyst positions is expected to be robust in the future.