Equity Research Analyst

Fidelity Canada; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

Fidelity Canada is seeking an Equity Research Analyst to perform fundamental equity research on a defined coverage universe. You will generate investment ideas, build detailed financial projections, and develop stock valuations to support portfolio decisions.

You will work closely with portfolio managers within FCIM, covering 20–25 stocks, and have opportunities for career advancement in a dynamic, Canadian market-focused environment.

Qualifications

• Bachelor's degree or equivalent experience.
• Demonstrated success in academics.
• 1 to 10 years' relevant work experience. All candidates with relevant experience are encouraged to apply.
• A history of motivation, initiative, and tireless enthusiasm for discovering new investment opportunities.

Responsibilities

• Perform fundamental equity research on a coverage universe and generate investment ideas.
• Develop proprietary financial projections and valuation analyses for assigned stocks.
• Interact with company management, industry experts, and colleagues to support investment decisions.
• Cover 20–25 stocks and contribute to investment performance for Fidelity Canada.

Skills

Strong analytical skills

Communication skills

Interpersonal skills

Education

Bachelor's degree or equivalent experience

Job description

Job Description

Please Note:

• Position is located in our Toronto Ontario, Canada office.
• You will be working on a flexible hybrid schedule as part of Fidelity's dynamic working arrangement.
• Current work authorization for Canada is required for all openings. Candidate is solely responsible for satisfying work authorization requirements.

What You Will Do

Our research teams help generate investment ideas from around the world - in virtually every investment class and category - and our investment management and research capabilities are world-class. As a privately held company, we can take a big-picture, long-term view of the world and its markets. This gives us the opportunity to provide unique insight to our customers, extensive thought leadership to the marketplace and uncommon opportunities to our employees.

The Equity Research Analyst (the "Analyst") works closely with the portfolio managers within Fidelity (Canada) Investment Management ULC (FCIM) - the team of portfolio managers and equity research professionals responsible for managing a number of mutual funds and institutional investment strategies, primarily for the Canadian market.

The Equity Research Analyst will perform fundamental equity research on a coverage universe, providing investment ideas for the portfolios and contributing to the investment performance of the firm. The Analyst will generate proprietary fundamental analysis of the sector, the industry, the companies and the stocks by meeting with top management of companies, industry experts, sell-side analysts and experienced colleagues. Analysts will create detailed financial projections for the companies and develop valuation analysis of stocks to develop investment recommendations for assigned stocks. You will be covering 20-25 stocks in this role.

In this position, you will have sole coverage of your own investment sector, manage money, access to vast technology, travel, contact with top company management and investment professionals in the business, and potential for career advancement from analyst to portfolio manager.

What We Are Looking For

• Bachelor's degree or equivalent experience
• Demonstrated success in academics
• 1 to 10 years' relevant work experience. All candidates with relevant experience are encouraged to apply
• A history of motivation, initiative, and tireless enthusiasm for discovering new investment opportunities
• Strong analytical, communication and interpersonal skills

Total Rewards That Reflect Your Impact

We believe exceptional work deserves exceptional recognition. That's why we offer a competitive compensation package designed to support your success today-and your financial well-being tomorrow.

For this role, your total rewards include:

• Base Salary and Discretionary Performance Bonus
• RRSP Contribution : After 6 months of employment, we invest in your future with an RRSP contribution-no employee matching required.

We're proud to offer a compensation package that aligns with provincial pay transparency requirements.

This posting represents an existing vacancy within our organization- an opportunity to step into a role where your talents will make a meaningful difference.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans' status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [e-mail].

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

• Canada's Top 100 Employers
• Greater Toronto's Top Employers
• Canada's Top Family-Friendly Employers
• Canada's Top Employers for Young People

Great Place To Work Certified

• Best Workplaces for Inclusion
• Best Workplaces for Mental Wellness
• Best Workplaces for Today's Youth
• Best Workplaces for Women
• Best Workplaces in Financial Services & Insurance
• Best Workplaces in Ontario
• Best Workplaces with Most Trusted Executive Teams

LinkedIn Top Companies in Canada

• LinkedIn Top Companies in Canada

Human Resource Director (HRD) - Best Place To Work

• HRD - 5-Star Benefit Program
• HRD - 5-Star Diversity & Inclusion Employer

Designations

• Canadian Compassionate Companies - Certified
• Benefits Canada's Workplace Benefits Award - Future of Work Strategy
• TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
• Canadian HR Reporter's Most Innovative HR Team