Equity Research Associate, Real Estate & REITS - 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 support the research team. The role involves financial analysis, industry research, and preparing publications that inform client investment decisions. Ideal candidates will have a degree in finance or accounting and strong analytical skills, with opportunities to build client relationships and enhance financial modeling expertise.

Benefits

Flexible benefits

Support for holistic well-being

Qualifications

• Degree in business, accounting, or finance required.
• Experience in real estate/REITs sector is an asset.
• Strong financial, modeling, and analytical skills needed.

Responsibilities

• Perform financial statement analysis and maintain financial models.
• Conduct industry research and gather data.
• Assist in preparing research publications and market commentary.

Skills

Financial analysis

Modeling

Analytical skills

Communication

Education

Degree in business, accounting, or finance

CPA, MBA, Master of Finance, or CFA enrollment/completion

Tools

Microsoft Excel

Microsoft PowerPoint

VBA

Python

Job description

Title: Equity Research Associate, Real Estate & REITS - Toronto

Requisition ID: 225426

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing presence in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides a vital bridge for trade and investment across the Americas and worldwide.

GBM offers a full range of investment banking, credit, and risk management products, including debt and equity financing, M&A, corporate banking, equity sales, trading, research, fixed income, derivatives, energy, foreign exchange, and precious metals. We also cross-sell a broad spectrum of wholesale services within the Scotiabank Group.

About the Team: Our research team is integral to our Global Equity platform, focusing on the Canadian market and providing targeted international research in the US and Latin America. We produce daily investment views, sector updates, detailed research reports, portfolio analyses, and strategic insights.

Purpose: As a Research Associate, you will work closely with experienced analysts to develop financial forecasts and produce research publications that inform client investment decisions. This role offers opportunities to build client relationships, develop sector expertise, and enhance financial modeling and valuation skills. The position is based in Toronto.

Responsibilities:

1. Perform financial statement analysis and maintain financial models.
2. Conduct industry research using various sources.
3. Gather and interpret company and industry data.
4. Assist in preparing research publications and market commentary.
5. Monitor market news and evaluate data for trend analysis.
6. Create PowerPoint presentations for client meetings.
7. Engage with institutional investors and manage inquiries.
8. Build relationships with investor relations and company management.
9. Liaise with sales and trading teams within regulatory guidelines.

Qualifications:

1. Degree in business, accounting, or finance.
2. CPA, MBA, Master of Finance, or CFA enrollment/completion preferred.
3. Experience in real estate/REITs sector is an asset.
4. Strong financial, modeling, and analytical skills.
5. Experience analyzing financial statements and company valuation.
6. Proficiency in Microsoft Office, especially Excel and PowerPoint.
7. Knowledge of VBA, Python, or similar is a plus.
8. Excellent communication skills.
9. Strong judgment, decision-making, and ability to work under pressure.
10. Ability to manage multiple projects effectively.
11. High energy and eagerness to learn.

Work Arrangement: Currently on-site with at least 4 days/week in Toronto; subject to change.

Interested? We encourage candidates whose experience aligns closely with the role to apply, even if not a perfect match. We value diversity and inclusion and support your growth within the bank.

What’s in it for you? We support holistic well-being with flexible benefits to meet your personal and family needs.

Location: Toronto, Ontario, Canada

Scotiabank is committed to an inclusive environment. If you require accommodations during the recruitment process, please inform our recruitment team. Only online applications will be considered. We thank all applicants; only those selected for interviews will be contacted.