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Title:  Equity Research Associate, Winter 2023 Internship




Requisition ID: 162453

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


Equity Research Associate (Internship/Co-op)



Winter 2023 (January - April)



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 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.



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 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 pricing of a stock.



Who we are looking for?


Key Accountabilities:


  • 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 you’re interested in to uncover your true potential.  In short, we don’t believe resumes will provide us with an accurate depiction of what you’re 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) When it prompts you to submit your resume, do not attach your resume! Instead, attach your most recent transcript and a screenshot of your PLUM profile under the "resume" section. Cover letters are optional.



Note: You do not need to complete your PLUM profile multiple times, if you are applying to multiple positions.  Also, we have full access to your entire profile from PLUM and won’t use the screenshot, but it’s 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



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.

Job Segment: CFA, Investment Banking, Financial, Financial Analyst, Finance, Research