Equity Research Associate, Gold and Precious Minerals - Toronto

Scotiabank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading Canadian bank is seeking an Equity Research Associate in Toronto to perform financial analysis and develop research publications. The ideal candidate will hold a business degree with a focus on accounting or finance and possess strong analytical skills. Experience in equity research or the mining sector is preferred. This full-time role offers a collaborative environment where you will work closely with seasoned analysts to provide valuable insights to clients.

Qualifications

• Degree specializing in accounting or finance.
• CFA program enrolment or completion is an asset.
• Work experience in financial, analytical, or equity research roles is preferred.
• Knowledge of the mining sector is an asset.
• Strong skills in analyzing financial statements and valuing companies.

Responsibilities

• Perform comprehensive financial statement analysis.
• Create and maintain financial models.
• Conduct in-depth industry analysis.
• Assist in writing research publications.
• Evaluate market data for trends.

Skills

Financial modeling

Analytical skills

Accounting skills

Communication skills

Excel proficiency

Education

University degree in business

Tools

Microsoft Excel

Microsoft PowerPoint

VBA

Python

Job description

Title: Equity Research Associate, Gold and Precious Minerals - Toronto

Requisition ID: 240066

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 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