Research Associate - Mining

Red Cloud Securities Inc.; Toronto; On-site; CAD 70,000 - 120,000; Full time

Job summary

Red Cloud Securities Inc. is a mining-focused investment dealer based in Toronto, Ontario.

The successful candidate will work closely with our Equity Research Analysts and senior team members to produce, distribute and communicate research and recommendations to internal and external audiences. Primary responsibilities include financial modelling, site visits and drafting research reports, including initiations, company updates, industry overviews and thematic reports.

Qualifications

• Undergraduate degree in Geological, Mining or Metallurgical Engineering, Geology, Finance or Commerce.
• 1–3 years of equity research experience preferred.
• Experience in metals and mining sector or commodity markets is an asset.
• Progress toward CFA designation or Canadian Securities Course is an asset.
• Strong quantitative, written and verbal communication.

Responsibilities

• Write company, sector and commodity research reports.
• Build and maintain detailed financial models, including NAV and DCF valuations.
• Analyze financial statements, technical reports and press releases.
• Adapt research and commentary for digital and social media channels.
• Answer client inquiries and support the Sales and Trading desks' marketing efforts.
• Help plan conferences and site visits.
• Manage distribution of research to clients.
• Act in a compliant and professional manner, consistent with the CFA Institute Standards of Professional Conduct

Skills

Financial modelling

Equity research

Quantitative skills

Written communication

VBA/macros/automation

AI tools familiarity

Workload management

Education

Undergraduate degree in Geological/Mining/Metallurgical Eng, Geology, Finance or Commerce

Tools

Excel (Advanced)

Python

AI tools

Job description

Red Cloud Securities Inc. is a full-service, mining-focused investment dealer based in Toronto, Ontario. The successful candidate will work closely with our Equity Research Analysts and other senior members of the team to produce, distribute and communicate research and recommendations to internal and external audiences. Primary responsibilities include financial modelling, site visits and drafting research reports, including full-length initiations, company updates, industry overviews and thematic reports.

The ideal candidate combines capital markets experience with a technical background in geology or mining, and has strong financial modelling and writing skills. Candidates who are strong in most of these areas are encouraged to apply.

We are building AI into how our research is produced, including automated peer tables, drill result screening, technical report extraction and news monitoring. Candidates who want to help shape those tools will find plenty of opportunity here.

Responsibilities

• Write company, sector and commodity research reports
• Build and maintain detailed financial models, including NAV and DCF valuations
• Analyze financial statements, technical reports and press releases
• Adapt research and commentary for digital and social media channels
• Answer client inquiries and support the Sales and Trading desks' marketing efforts
• Help plan conferences and site visits
• Manage distribution of research to clients
• Act in a compliant and professional manner, consistent with the CFA Institute Standards of Professional Conduct

Desired Skills and Experience

• An undergraduate degree in Geological, Mining or Metallurgical Engineering, Geology, Finance or Commerce
• 1-3 years of equity research experience preferred
• Experience in the metals and mining sector and commodity markets is an asset
• Progress toward the CFA designation or completion of the Canadian Securities Course is an asset
• Strong quantitative skills and clear, concise written and verbal communication
• Advanced Excel (VBA, macros, automation); Python or experience with AI tools is an asset
• Ability to manage a heavy workload and meet tight deadlines
• Flexibility to work irregular or extended hours

Location:

In office, Toronto, Ontario

This posting is for an existing vacancy. Red Cloud may use artificial intelligence tools to assist in screening and assessing applications.