Equity Research Associate Gold and Precious Metals and Minerals Toronto

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Flexible benefit programs

Job summary

Scotiabank in Toronto is seeking an Equity Research Associate focused on Gold and Precious Metals. You will collaborate with a senior analyst to develop forecasts, publish research, and support institutional clients with data-driven investment ideas.

Based in Canada’s financial hub, you will build industry experience, deepen sector expertise, and contribute to a top-ranked Canadian equity platform with a global reach.

Qualifications

• University degree in business with a specialization in accounting or finance.
• CFA program enrollment would be an asset.
• Work experience in accounting, financial analysis, equity research, corporate development or M&A is preferred.
• Mining sector knowledge would be an asset.
• Strong accounting, financial modelling, graphing, and analytical skills.
• Experience in analyzing financial statements and valuing companies.
• Proficiency in Microsoft Excel and PowerPoint; VBA/Python familiarity is a plus.

Responsibilities

• 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.

Skills

Financial modeling

Excel

PowerPoint

VBA

Python

Written & verbal communication

Strong analytical skills

Decision-making under pressure

Education

University degree in business with accounting/finance specialization

CFA program enrollment/ongoing

Tools

VBA

Python

Job description

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Title: Equity Research Associate Gold and Precious Metals and Minerals Toronto

Requisition ID: 277313
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. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

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. As well, we are constantly looking for ways to bring new products to market and provide clients with valuable research ideas and insights. Our products include daily company-specific investment views, monthly and quarterly sector updates, in-depth fundamental research reports, portfolio analysis and recommendations, and equity strategy commentary.

Position Highlights:

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 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
• Enrolment in or completion of the Chartered Financial Analyst (CFA) program would be an asset
• Work experience in an accounting, financial, analytical, equity research, corporate development or M&A capacity is preferred
• Work experience in or a knowledge of the mining sector 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 onsite role, with the expectation that you will work 4-5 days a week in the office. Please note that this is subject to change based on the needs of the business.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

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 (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.