Associate Director, Canadian Equities

Industrial Alliance Investment Management Inc.; Montreal; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Flexible group insurance plans

Competitive retirement savings plan

Employee share purchase plan

Vaccination and wellness programs

Job summary

iA Financial Group is seeking an Associate Director, Canadian Equities to lead coverage of sectors and companies, develop differentiated investment theses, and present actionable recommendations to Portfolio Managers. The role spans large-cap and small-cap research with strong emphasis on fundamentals, valuation, and risk analysis.

Responsibilities include generating ideas, supporting investment theses with evidence, and participating in meetings and due diligence across the investment process.

Qualifications

• Five+ years of experience analyzing public companies and making stock recommendations.
• Deep expertise in one of: Information Technology, Materials, Energy, Financials, or Real Estate.
• Undergraduate degree in finance/economics/accounting/business; CFA is a plus.

Responsibilities

• Lead coverage of sectors and companies, develop differentiated investment views.
• Conduct fundamental research including financial modelling, valuation, scenario analysis, and risk assessment.
• Present recommendations to Portfolio Managers and participate in investment debates and committees.
• Monitor investments and prepare concise investment briefs and materials.

Skills

Financial modelling

Stock analysis

Excel (advanced)

English communication

Education

Undergraduate degree in finance or related

Tools

Bloomberg

Morningstar

Inovestor

Job description

Build the future with us 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 Benefits

• Flexible group insurance plans
• Competitive retirement savings plan
• Employee share purchase plan
• Vacation program, wellness days, and personal development days
• Telemedicine servicesEmployee and Family Assistance Program (EFAP)
• Ergonomic furniture program
• Performance bonus
• Discounts on iA products
• And much more!

Location(s)

Montreal / 1981 McGill College Avenue

Other Possible Location(s) Quebec / 1080, Grande Allee WestToronto / 26 Wellington Street East Company Industrial Alliance Investment Management Inc. Posting End Date 2026-11-12

Company Overview

iA Financial Group* is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management. With over $200 billion in assets and half a billion invested in technological innovation, 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 125 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. At iA, we’re invested in you. * iA Financial group includes of the following entities: iA Services financiers, iA assurance auto et habitation, iA Gestion privée de patrimoine, PPI Management, Investia, iA Gestion de placements, Prysm, iA Clarington, Michel Rhéaume et associés, Garanties Nationales, WGI Manufacturing, WGI Service Plan Division, Lubrico, iA Financement auto

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, please Contact us here. Someone from our team will be happy to assist you with your needs.

Technology and Artificial Intelligence in Recruitment

To optimize and support our recruitment process, iA Financial Group may use certain technological tools, including artificial intelligence. These tools support the work of our recruiters but do not replace their judgment. All hiring decisions continue to be made by authorized individuals within the organization. For more information, please refer to our Privacy Notice. As a reflection of our employees’ appreciation and engagement, iA once again stands out this year as one of Canada’s top employers according to Forbes. In 2026, iA Financial Group also ranks 1st among major publicly traded Canadian insurers. At iA Financial Group, our differences make us unique. We are committed to supporting and celebrating diversity because we believe that it is by bridging our differences that we will be stronger. Our employees’ wellbeing is our priority. We are also committed to creating a stimulating and safe work environment, in addition to offering a real work-life balance with our flexible work model. As a reflection of our employees’ appreciation, iA has been ranked as one of the top employers in Canada in 2023 by Glassdoor and Forbes.