Requisition ID: 103576Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Equity Research Associate
Fall 2021 (September to December)
Why work for Scotiabank?
Scotiabank is a leading bank in the Americas. 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.
This is a place where youll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, were passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy.
Who We Are?
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.
As part of the Global Capital Markets group, the Equity Research Associate Internship is designed to provide co-op Undergraduate and/or MBA and Masters students with exposure to various elements of the investment industry.
Research Associates play an integral role in the Equity Research department by providing crucial assistance to one or more Equity Research Analysts. Research Associates gain hands-on experience in performing financial analyses such as market comparisons, company valuations and financial modeling.
Research Associates are responsible for assisting the Research Analyst(s) in the analysis of industries and companies. The successful candidate will develop a good understanding of the financial markets, the factors that influence stock prices, and how these factors impact the particular pricing of a stock.
Who we are looking for?
Create and maintain spreadsheets including financial models and industry databases
Generate tables and graphs for use in research publications and presentations
Conduct primary research from industry and financial sources
Provide write-ups on companies and industries
Prepare marketing presentations using PowerPoint
A strong record of academic achievement
Strong accounting, analytical and math skills
Strong written and verbal communication skills
Excellent Excel skills are required
Ability to perform under pressure and meet tight deadlines, sometimes for extended periods of time
Familiarity with Bloomberg or FactSet would be an asset
Enrollment in or completion of the Canadian Securities Course would be beneficial.
Interest in pursuing (or enrollment in) the Chartered Financial Analyst (CFA) program is an asset
How do I Apply?
For students, we believe evaluating you through relationships over resumes, and are focused on learning about who you are and what youre interested in to uncover your true potential. In short, we dont believe resumes will provide us with an accurate depiction of what youre truly about in order to properly assess your potential. Instead we want to get to know YOU and hear about the experiences that have shaped you. We know this might sound crazy but we do not want you to submit your resume instead we ask that as part of your application, you complete the below:
1) Complete your PLUM Profile here
2) Save your PLUM Profile as PDF. Click here to learn how
3) Complete a very short one-way video interview by clicking here (if you have already done this, you don’t need to do it again)
4) When it prompts you to submit your resume, do not attach your resume! Instead, attach your most recent transcript and your PLUM profile in one PDF under the “resume” section. Cover letters are optional.
Note: You do not need to complete your PLUM profile or video interview multiple times if you are applying to multiple positions. Also, we have full access to your entire profile from Plum and wont use the screenshot but its a great reminder for each of you to have completed it.
We thank you all for your interest in Scotiabank! However, only those selected for an interview will be contacted. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to meet your needs
**In order to be considered for student opportunities at Scotiabank and/or Tangerine, you must submit your PLUM Assessment and Video Interview. **
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. If you require technical assistance, please click here. 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.