Equity Research Associate, Metals & Mining

RBC; Sydney; On-site; AUD 90,000 - 140,000; Full time

Job summary

RBC is expanding its Australian operations and seeking an Equity Research Associate to join our Metals & Mining Equity Research team in Sydney. The role focuses on supporting the lead analyst with modelling, research, and client inquiries while building a foundation for progression to lead analyst responsibilities within 3–5 years.

You will work on Australian-listed Metals & Mining coverage, be exposed to financial modelling, databases, and publication-ready reports, and travel as required to

Qualifications

• Bachelor’s degree in a finance-focused discipline (Commerce, Finance, Economics) and/or technical field (Engineering, Science).
• Minimum 2 years’ full-time experience in equity research, funds management, corporate finance, or mining industry.
• Demonstrated interest in equity markets and financial analysis.
• Proficiency in Excel, Word, and PowerPoint.

Responsibilities

• Assist the lead analyst with projects including company initiations and deep dive, thematic equity research reports.
• Build, enhance, and maintain company and commodity financial models.
• Develop and curate industry and commodity databases.
• Produce high-quality, publication-ready equity research reports and presentations.
• Respond to institutional investor inquiries with timely, insightful analysis.
• Cultivate and maintain relationships with portfolio companies, industry consultants, and investors.
• Participate in company site visits and investor presentations.

Skills

Equity research

Financial modelling

Industry research

Excel

Education

Bachelor’s degree in Finance/Economics/Engineering/Science

Tools

FactSet

Bloomberg Terminal

MS Excel

Job description

Job Description

RBC is expanding its Australian operations and seeking an Equity Research Associate to join our Metals & Mining Equity Research team in Sydney. We welcome technically qualified candidates with a genuine passion for equity research, commodities, and financial markets.

In this role, you will support our lead analyst in covering Australian-listed Metals & Mining companies through financial modelling, industry research, database management, and client support. You’ll gain exposure to all facets of equity research while building a foundation for progression to lead analyst responsibilities within 3–5 years, depending on performance and experience.

What will you do?

• Assist the lead analyst with projects including company initiations and deep dive, thematic equity research reports
• Build, enhance, and maintain company and commodity financial models
• Develop and curate industry and commodity databases
• Produce high-quality, publication-ready equity research reports and presentations
• Respond to institutional investor inquiries with timely, insightful analysis
• Cultivate and maintain relationships with portfolio companies, industry consultants, and investors
• Participate in company site visits and investor presentations

What do you need to succeed?

Must-have

• Bachelor’s degree in a finance-focused discipline (Commerce, Finance, Economics) and/or technical field (Engineering, Science)
• Minimum 2 years’ full-time experience in equity research, funds management, corporate finance, or the mining industry (e.g., mining engineering)
• Demonstrated interest in equity markets and financial analysis
• Strong attention to detail and commitment to accuracy
• Excellent written and verbal communication skills, with polished presentation abilities
• Proficiency in Excel, Word, and PowerPoint
• Proven ability to source, synthesize, and summarize data from diverse sources (databases, government statistics, trade publications, journals)
• Strong organizational and multitasking capabilities
• Ability to work independently and thrive under pressure in a fast-paced environment
• Flexibility to travel as required

Nice-to-have

• Prior experience with metals and mining companies or sector knowledge
• Professional financial designation (CFA, accounting qualification) or relevant postgraduate qualification
• Proficiency with FactSet or Bloomberg terminals

What’s in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services.

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, colour, religion, sexual orientation, gender identity, age, disability or any other legally-protected factors.

Additional Job Details

Address

25 MARTIN PLACE:SYDNEY

City

Sydney

Country

Australia

Work hours/week

38

Employment Type

Full time

Platform

CAPITAL MARKETS

Job Type

Regular

Pay Type

Salaried

Posted Date

2026-10-12

Application Deadline

2026-11-12

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.