Requisition ID: 122197
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Equity Research Associate – Gold & Precious Minerals
Why work for Scotiabank?
Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.
This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!
Global Banking and Markets
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.
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.
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.
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 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
Qualifications & Skills:
A university degree in business or a relevant discipline
A CPA designation strongly preferred
MBA, Masters of Finance degree, or enrolment in/completion of the Chartered Financial Analyst (CFA) program is an asset
2-5 years work experience in an accounting, financial, analytical, corporate development, or M&A capacity is required
Experience with mining companies, is 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
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
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. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.