Associate Director, Canadian Equities

iA Groupe financier; Montreal; Hybrid; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Performance bonus

Employee share purchase plan

Vacation and wellness days

EFAP

Job summary

Industrial Alliance Investment Management Inc. is seeking an Associate Director, Canadian Equities to lead coverage of sectors and stock ideas.

You will conduct deep fundamental research, build financial models, and present differentiated investment theses to Portfolio Managers. You will work in a collaborative, active-management environment with exposure to large-cap and small-cap ideas and a focus on rigorous idea generation, due diligence, and ongoing monitoring.

Qualifications

• Five or more years of relevant experience analyzing public companies and making stock recommendations.
• Deep sector expertise in one of Information Technology, Materials, Energy, Financials, or Real Estate.
• Undergraduate degree in finance, economics, accounting, business, or related discipline; CFA designation considered an asset.
• Strong research process, sound investment judgment, and understanding of equity markets.
• Advanced financial modelling and Excel skills with scenario/sensitivity analysis.

Responsibilities

• Lead coverage of assigned sectors and companies with stock recommendations to Portfolio Managers.
• Conduct deep fundamental research including modelling, valuation, and risk analysis.
• Present research updates to Portfolio Managers and participate in investment debates.
• Monitor investments and prepare concise investment briefs for committees.

Skills

Equity research

Financial modelling

Stock recommendations

English proficiency

French asset (optional)

Education

Undergraduate degree in finance/economics

Tools

Bloomberg

Inovestor

Morningstar

eVestment

Job description

• Employer: Industrial Alliance Investment Management Inc.
• Office: 1981 McGill College Avenue
• Other Possible Location(s): Toronto, Ontario; Quebec, Quebec
• Job category: Business Administration, Finance and Accounting

Are you passionate about investing, capital markets, and fundamental research? As Associate Director, Canadian Equities, you will play a key role within a growing Canadian equity platform where rigorous, proprietary research directly informs investment decisions. You will lead coverage of assigned sectors and companies, develop differentiated investment views, and present actionable recommendations directly to Portfolio Managers.

This role offers the opportunity to research both large-cap and small-cap companies, providing exposure to a broad investment universe and a wide range of potential alpha-generating ideas. You will work in a collaborative, active-management environment with visibility into idea generation, portfolio debates, due diligence, and ongoing investment monitoring, while deepening your sector expertise and portfolio-construction knowledge.

What you’ll accomplish with us

As Associate Director, Canadian Equities, you’ll be at the core of our investment process. Here are the main responsibilities:

• Lead coverage of assigned sectors and companies, with primary responsibility for developing and communicating stock recommendations across Canadian equity mandates.
• Conduct deep fundamental company and sector research, including financial modelling, valuation, scenario analysis, industry structure, competitive positioning, management quality, and key investment risks.
• Generate investment ideas and develop clear, differentiated theses supported by evidence, catalysts, downside analysis, and an explicit risk-reward framework.
• Present recommendations and research updates to Portfolio Managers and contribute constructively to investment debates and portfolio discussions.
• Participate in management meetings, industry conferences, expert discussions, site visits, and other primary-research activities, as appropriate.
• Monitor existing and prospective investments, including company developments, earnings results, estimate revisions, valuation changes, and thesis milestones.
• Prepare concise, high-quality investment briefs and presentation materials for internal discussions and investment committee meetings.

What could accelerate your success in this role

We’re looking for someone who:

• Has five or more years of relevant experience analyzing public companies, building financial models, applying valuation methodologies, and making stock recommendations.
• Has deep expertise in at least one of the following sectors: Information Technology, Materials,Energy, Financials, or Real Estate.
• Holds an undergraduate degree in finance, economics, accounting, business, or a related discipline; progress toward or completion of the CFA designation is an asset.
• Demonstrates a passion for investing and capital markets, supported by a repeatable research process, sound investment judgment, and a strong understanding of equity markets.
• Has advanced financial-modelling and Excel skills, including scenario and sensitivity analysis, and can synthesize complex information to communicate a clear investment view in both written and verbal formats.
• Is proficient with financial data and research platforms; experience with Bloomberg, Inovestor, Morningstar, eVestment, or similar tools is an asset.
• Brings intellectual curiosity, independent thinking, strong business judgment, and the confidence to challenge consensus views and defend well-supported recommendations while remaining willing to revise a thesis when facts change.
• Demonstrates a proactive, accountable, organized, collaborative, and integrity-driven approach.; experience covering Information Technology, Materials, Energy, Financials, or Real Estate is an asset.
• Advanced level of English proficiency required, as the role involves participating in management meetings, industry conferences, and expert discussions as part of its research activities.
• Proficiency in French an asset but not required.

Why you’ll love working with us

• A work environment where learning and development merge with a collective pursuit of excellence;
• An agile investment culture where strong ideas can quickly translate into decisions and action;
• AI is in everyone's hands, empowering you to increase your personal effectiveness while supporting the organization's growth;
• A healthy, safe, fair, and inclusive environment where potential can be freely expressed and developed;
• The opportunity to work in a hybrid environment, supported by flexibility and access to inspiring and innovative workspaces.
• Competitive retirement savings plan
• Employee share purchase plan
• Vacation program, wellness days, and personal development days
• Employee and Family Assistance Program (EFAP)
• Ergonomic furniture program
• Performance bonus
• Discounts on iA products
• And much more!

At iA, we believe in potential and value diverse experiences. If this role inspires you, go ahead and apply, your place might be with us, and we want to get to know you!

Get ahead of your career, where your talent belongs

See why so many people choose iA!

Company Overview

iA Financial Group is the strength of a company with a human side, with its over 10,000 employees. Together, we have earned the trust of our more than five million clients and 50,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $235 billion in assets, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 130 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

Our commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, write to us . Someone from our team will be happy to assist you.