Equity Research Associate recruitment
Equity Research Associate
Scotiabank is one of North America's premier financial institutions, and Canada's most international bank. Scotiabank, through its Global Banking and Markets division, provides corporate and investment banking and capital markets products and services to corporate, institutional and government clients globally.
We currently have openings in the following sectors in Toronto:
- North American Banks
- Mining - Gold Precious Metals
Research Associates play an integral role in the Equity Research department by providing crucial assistance to our Equity Research Analysts. Individuals in this role are learning and developing the techniques and skills necessary for investment analysis and research of securities. The Research Associate works closely with the Research Analyst to develop financial forecasts and provide recommendations on particular stocks. Associates typically gain an in-depth understanding of the financial and operational issues within a particular sector, gaining valuable skills, knowledge, and relationships.
Skills Qualifications:
- An undergraduate degree in business with a focus on finance/accounting
- An MBA, CA designation or enrollment in/completion of the Chartered Financial Analyst (CFA) program would be an asset
- For the mining role, a university degree in geology, mineral/mining engineering or a relevant discipline is required
- For the banking role, work experience in theNorth American Banking sector (preferably in a finance, accounting or analytical role) would be an asset. Sector knowledge on US GAAP and IFRS including areas such as securitization, loan loss accounting regulatory risk disclosure is required.
- Interest in the capital markets would be an asset
- Strong accounting, financial modeling, technical, graphing and writing skills
- Excellent command of Microsoft Suite, with a particular emphasis on Excel
- Ability to perform under pressure and meet time-sensitive deadlines, sometimes for extended periods of time
- Ability to multi-task and manage several on-going projects at the same time
- Self-motivated, hardworking, highly organized and detail-oriented
- Experience with Bloomberg, Reuters or similar services would be an asset
Major Accountabilities:
- Create and maintain company financial models and industry databases
- Assist in writing research publications, initiation of coverage reports and morning comments
- Conduct primary research from industry and financial sources
- Generate tables and graphs
- Handle enquiries from institutional investors
- Liaise with sales, trading and other areas of the firm within regulatory guidelines
- Prepare marketing presentations
Early mornings, evenings and some weekend work is required.
If you are interested in being considered for this position, please forward your résumé and cover letter to:
Marina Sakellis
e-mail: marina_sakellis@scotiacapital.com
The Scotiabank Group is an equal opportunity employer and welcomes applications from all interested parties. We thank you for your interest, however, only those candidates selected for an interview will be contacted. No agencies please.