Equity Analyst

RBC; Vancouver; On-site; CAD 110,000 - 150,000; Full time

Job summary

A leading financial institution based in Vancouver seeks an Analyst to join their Canadian Equity team. The role involves conducting investment research and financial analysis, developing financial models, and presenting investment recommendations. Ideal candidates will have a Bachelor's degree, experience in equity research, and a passion for financial markets. Competitive salary range of $110,000 - $150,000 offered.

Benefits

Comprehensive Total Rewards Program

Challenging work in a collaborative team

Opportunities for professional progression

Qualifications

• Direct experience in equity research, investment banking, or a related field required.
• Experience as an Associate Equity Analyst is advantageous.
• Advanced degree (MBA or CFA Level I or above) is desirable.

Responsibilities

• Conduct fundamental analysis of Energy & Utilities sectors.
• Develop financial models to evaluate company performance.
• Present investment recommendations to portfolio managers.
• Foster relationships with company management and industry experts.

Skills

Financial modeling and valuation techniques

Strong written and verbal communication skills

Ability to collaborate effectively

Genuine passion for the stock market

Comfort with AI-enabled tools

Education

Bachelor's degree in finance, accounting, engineering, or related field

Tools

Excel

Bloomberg

Python

Job description

Job Description

We are looking for an Analyst to contribute to our Vancouver-based Canadian Equity team at RBC Global Asset Management. This is an outstanding opportunity for the right candidate to develop extensive understanding of financial markets in a dynamic and collaborative team environment leading to a challenging and successful career in investment management.

What will you do?

• Participate in collaborative team discussions of prospective investment decisions, to generate investment ideas, contribute to portfolio construction, and support overall strategy development.
• Independently conduct fundamental analysis of the Energy & Utilities sectors and individual companies, focusing on business factors such as financial performance, competitive position, corporate strategy, and quality of company management.
• Develop and adapt sophisticated financial models using Excel to evaluate company performance and assess valuation metrics, considering factors such as commodity prices, operational costs, and growth projections under a variety of scenarios.
• Remain current on trends and specific events that might impact the outlook of industries and companies.
• Foster relationships with company management, sell-side analysts, industry experts, and other stakeholders to gather proprietary information and enhance research capabilities. Engage and evaluate company senior management teams through one-on-one interviews, conference calls and group meetings.
• Present investment recommendations to portfolio managers, articulating compelling investment theses and providing insights into potential risks and opportunities. Pro-actively provide portfolio managers with timely stock ideas, utilizing various fundamental, technical and quantitative techniques.

What do you need to succeed?

Must Have

• Bachelor's degree in finance, accounting, engineering, or a related field
• Direct experience in equity research, investment banking, or a related field.
• Proficiency in financial modeling and valuation techniques, including discounted cash flow (DCF) analysis, comparable company analysis (CCA), and precedent transactions analysis.
• Strong written and verbal communication skills, as well as presentation skills, with the ability to convey complex ideas clearly and persuasively.
• Ability to collaborate effectively within a team-oriented environment and contribute to a culture of excellence.
• Genuine passion for the stock market and a deep understanding of the basic elements of equity analysis
• Comfort with adopting and leveraging AI-enabled tools to improve efficiency and insight generation in the equity research process

Nice to Have

• Advanced degree (MBA or CFA Level I or above)
• Experience as an Associate Equity Analyst
• Knowledge of the Energy and Utilities sectors
• Technical skills in Bloomberg, Excel, Python, Visual Basic, etc.
• Familiarity with applying AI and automation to enhance efficiency and insight generation in equity research

What’s in it for you?

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Challenging work in a dynamic, collaborative, progressive, and high-performing team
• Management that supports your work and progression
• Opportunities to take on progressively greater accountabilities

The expected base salary range for the above position is $110,000 - $150,000, depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that drives RBC’s high-performance culture, enables collective achievement of our strategic goals, and generates sustainable shareholder returns and above market shareholder value.

Inclusion and Equal Opportunity Employment

At 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.