Equity Research Associate, Diversified Financials - Toronto

Scotiabank; Old Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Equity Research Associate to join their dynamic team in Toronto. This role offers the chance to work closely with seasoned analysts, developing financial forecasts and publishing research that aids clients in making informed investment decisions. The position promises a stimulating work environment with opportunities to build relationships across the financial sector. If you thrive in a fast-paced setting and have a passion for finance, this could be the perfect opportunity for you to make a significant impact in a leading financial institution.

Qualifications

• University degree in business with a focus on accounting or finance.
• Strong financial modeling and analytical skills are essential.

Responsibilities

• Perform financial statement analysis and maintain financial models.
• Assist in writing research publications and prepare presentations.

Skills

Financial Modeling

Financial Statement Analysis

Analytical Skills

Communication Skills

Decision-Making Skills

Ability to Work Under Pressure

Time Management

Education

University Degree in Business

CPA Designation

MBA or Master of Finance

CFA Program Enrollment/Completion

Tools

Microsoft Excel

Microsoft PowerPoint

VBA

Python

Job description

Title: Equity Research Associate, Diversified Financials - Toronto

Requisition ID: 213772

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals.

About the Team:
At Scotiabank, research is a key driver of our Global Equity platform. We specialize in the Canadian market, and we also supply targeted international research covering the United States and Latin America. Our top-ranked teams generate value-added equity ideas and themed publications.

Purpose:
Equity Research Associates enjoy a stimulating and demanding work environment. As part of Canada’s most international Bank, Scotiabank’s Research Associates have an opportunity to work for a top-ranked Equity Research franchise. Research Associates work closely with a seasoned Research Analyst to develop financial forecasts and publish research publications that allow our clients to make informed investment decisions.

With a limited hierarchy and a team approach, Research Associates have ample opportunity to develop relationships with both institutional and corporate clients, in-depth sector expertise, exceptional financial modelling and valuation skills, and an understanding of the capital markets. This position is based in Toronto.

What You'll Do:

• Perform comprehensive financial statement analysis and create and maintain financial models
• Conduct in-depth industry analysis and research using industry and financial sources
• Collect, consolidate and interpret company and industry data
• Assist in writing research publications, including morning commentary, company and industry reports, and theme-based research reports
• Follow overall market news and evaluate market data to assess short and long-term trends
• Prepare PowerPoint presentations for meetings with internal and external clients
• Communicate and handle enquiries from institutional investors
• Develop and maintain connections with investor relations and management of companies under coverage group
• Liaise with sales, trading and other areas of the firm within regulatory guidelines

What You'll Bring:

• A university degree in business with a specialization in accounting or finance
• A CPA designation, MBA, Master of Finance degree, or enrolment in/completion of the Chartered Financial Analyst (CFA) program is preferred
• Work experience in the financial services sector in a financial, analytical, corporate development or M&A capacity would be an asset
• Strong accounting, financial modeling, graphing, and analytical skills
• Experience in analyzing financial statements and valuing companies
• Excellent command of Microsoft Suite, with an emphasis on Excel & PowerPoint
• Familiarity with VBA, Python, or other programming languages would be an asset
• Strong written and verbal communication skills
• Good business judgment and decision-making skills
• Ability to perform under pressure and meet tight deadlines
• Ability to manage multiple projects simultaneously while maintaining a high standard of work
• A high level of energy and a keen desire to learn

Work Arrangement:
This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.