Senior Equity Analyst

CIBC; Toronto; On-site; CAD 130,000 - 170,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Pension plan

Employee share purchase plan

Job summary

CIBC is seeking an Equity Analyst for Global Asset Management in Toronto. You will develop and maintain investment research, including financial models, ESG analysis, and investment theses for Industrials sector companies.

You’ll work with senior analysts and GAM Portfolio Managers to support sector ideas and portfolio decisions. The role involves on-site collaboration with a focus on actionable investment recommendations, research platform maintenance, and cross-team coordination.

Qualifications

• Professional experience of five or more years in research and analysis and/or portfolio management.
• Experience covering the Canadian Industrials sector.
• Strong understanding of financial markets and investment management processes.

Responsibilities

• Develop actionable investment recommendations within the Industrials sector.
• Maintain and enhance research platforms with models and forward-looking estimates.
• Engage with GAM Portfolio Managers and Analysts to align ideas with portfolios.
• Collaborate with teams to develop industry theses and research framework.
• Present findings to internal teams and external clients as appropriate.
• Ensure investments comply with client policies and risk controls.

Skills

Investment research

Financial analysis

ESG analysis

Modeling

Communication skills

Team collaboration

Integrity

Influencing skills

Quantitative skills

Portfolio management experience

Industry coverage – Canadian Industr​​

Education

Finance/Economics/Quantitative degree

CFA preferred

Tools

Excel

Financial modeling

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

Please visit CIBC.com

What you’ll be doing

The Equity Analyst is a critical driver of CIBC Global Asset Management (GAM) equity security selection. You’ll be a member of the Portfolio Management &R team, reporting to the Head of Equity Research and working closely with a senior analyst, responsible for the development and maintenance of investment research including financial models, ESG analysis and investment theses for a select group of companies in the Industrials sector. The recommendations emanating from this research will drive investment decisions across a diverse group of portfolio strategies (Core, Value, Income-Oriented, Quality, and Growth).

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

The expected annualized base salary range for this role is $130,000 to $170,000.

The base salary is determined by a variety of factors, including the candidate’s skills, experience, and job-related knowledge, as well as geographic location and specific business needs. Our compensation philosophy supports ongoing growth and development, enabling progression within the salary range as team members advance in their roles.

In addition to base pay, compensation for this role includes participation in an annual discretionary incentive or bonus program.

We are committed to providing fair, equitable, and competitive compensation opportunities for all employees and we encourage open conversations about compensation throughout the recruitment process.

How you’ll succeed

• Investment Recommendations - Accountable for the development of actionable investment recommendations within the Industrials sector. Underweight/Overweight recommendations and timely changes thereto for specified sector companies are to be clearly articulated and well-founded. Responsible for preparing and presenting highly regarded industry reviews which drive clear and actionable investment theses for the constituent companies and, possibly, other related sectors/companies.
• Maintain Research Platforms - GAM’s Investment Research platform incorporates internally generated financial models, ESG analysis and thesis statements.Develop and maintain an accurate research platform with models and forward-looking estimates for the relevant companies.
• Stakeholder Engagement - Engage in an open and ongoing dialogue with GAM Portfolio Managers and Portfolio Analysts to ensure that the best ideas are incorporated into the respective portfolios.
• Relationship Building - Seek avenues to develop a close working relationship with GAM team members to develop industry theses, thematic pieces, and to promote and utilize a common research framework.
• Collaboration and Communication - Present and communicate both internally, to the team and professional staff and externally, as appropriate, with prospects and clients of the firm. Work collaboratively with the Asset Allocation team, with respect to sector allocation analysis, and the credit analysts in the Fixed Income team with respect to company analysis.
• Accountability - Accountable to ensure that the client’s investment policies are not breached by investments that are out of the stated policy (consequences can range from loss of client funds or client business to reputational risk to CIBC).

Who you are

• You’re goal oriented. You’re highly driven, intellectually curious, and willing to work closely with like-minded individuals.
• Professional experience of five or more years of relevant research and analysis experience and/or portfolio management. Must have experience covering the Canadian Industrials sector. You have a passion for financial markets and investment management process. You have quantitative skills relating to indicator and model development and familiarity with macro and micro economic data environments and ESG analysis
• You have an undergraduate, graduate and/or post-graduate degrees in management, finance, economics or a quantitative discipline.
• You’re a certified professional. Completion of Chartered Financial Analyst (CFA) preferred or working toward CFA designation.
• Technical Skills. You are proficient in computer modeling and spreadsheet analysis. You can work in a research team environment as well as autonomously.
• Communication Skills. You can communicate effectively orally and in written form; ability to understand/ explain/resolve complex issues; strong problem-solving and reasoning skills. You have a strong sense of responsibility and reliability; thorough and results oriented with highest personal and professional integrity.
• Your influence makes a difference. You have excellent influencing skills sufficient for processes related to mandating stock selection, investment strategy, and compliance issues.
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-141 Bay, 18th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Decision Making, Equities, Financial Analysis, Professional Presentation, Researching, Research Reporting, Wealth Management