Title:  Associate Director, Equity Research, Gold & Precious Minerals

Requisition ID: 262579 

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

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.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future!

Purpose
Associate Directors play a senior leadership role within the Equity Research department, supporting the delivery of high-quality, differentiated research and contributing to the overall commercial success of the franchise. The Associate Director works closely with Research Analysts and Managing Directors to develop investment views, financial forecasts, and stock recommendations. This role involves deep sector expertise, leadership of research initiatives, mentorship of junior team members, and active engagement with internal and external clients.

What You'll Do:

• Lead the development, maintenance, and review of complex financial models and valuation analyses.
• Oversee comprehensive company, industry, and thematic research within assigned coverage.
• Provide senior input into stock recommendations, target prices, and investment theses.
• Author and co-author research publications, including company reports, industry pieces, thematic research, and morning commentary.
• Ensure research output is high quality, timely, and compliant with internal policies and regulatory standards.
• Mentor and guide Research Associates and Senior Research Associates, including reviewing models and written work.
• Contribute to idea generation and differentiated research initiatives that enhance the Equity Research franchise.
• Support marketing activities, including preparation for and participation in meetings with institutional investors and internal stakeholders.
• Liaise with Sales, Trading, Corporate Banking, and other internal partners within regulatory guidelines.
• Maintain and develop relationships with company management teams and investor relations contacts.
• Monitor market developments, macroeconomic trends, and sector-specific drivers.
• Proactively identify opportunities to improve research processes, formats, and efficiency.

What You'll Bring:

• A university degree in business or a relevant discipline
• A Chartered Professional Accountant (CPA) designation, MBA, Master of Finance degree, or enrolment in/completion of the Chartered Financial Analyst (CFA) is an asset
• Capital Markets knowledge/experience
• Metals, Mining and Precious Minerals sector knowledge and experience is required
• Strong accounting, financial modeling, graphing, and analytical skills
• Expertise in Bloomberg, FactSet, BlueMatrix
• Excellent command of Microsoft Suite, with a particular emphasis on advanced Excel skills
• Strong written and verbal communication skills in English
• Ability to multi-task and manage several on-going projects at the same time
• Ability to work in a fast-paced environment with tight deadlines
• Strong attention to detail

Work Arrangement:
This position is currently a hybrid role, with the expectation that you will work 4 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs

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.