Research Associate - Portfolio Strategy & Quantitative Analysis (Contract) - Toronto, On

Requisition ID: 181587

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

Research Associate – Portfolio Strategy & Quantitative Analysis (Contract) - Toronto, ON

Global Banking and Markets

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!

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 international research covering the United States and Latin America. Our top-ranked Portfolio & Quantitative Strategy team uses macroeconomic trends, equity market fundamentals, and quantitative models to determine optimal asset-mix, global-equity, and sector-allocation strategies. In addition to its daily, weekly, and quarterly publications, the team manages equity model portfolios and quantitative models providing top-decile portfolio lists. We strive to bring new products to market and provide clients with valuable research ideas and insights in a global context.

Position Highlights

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 develop their talents in a top-ranked Equity Research franchise. Research Associates work closely with a seasoned Research Analyst to develop financial and quantitative models on top of publishing research publications that allow our clients to make informed investment decisions. More specifically, this position will take ownership of recurring publications, marketing decks, client/internal requests in addition to conducting macroeconomic analysis to forecast market movements.

With a limited hierarchy and a team approach, Research Associates have ample opportunity to develop relationships with institutional clients and the equity sales and trading desk, capital markets expertise, and exceptional financial analysis and data modelling skills. Evening and weekend work may be required at times.

What You'll Do

• Prepare marketing presentations for the analyst’s meetings with internal and external clients
• Work closely with the Associate Director & Director within the team to make predictions and recommendations
• Liaise with sales, trading and other areas of the firm within regulatory guidelines and under the analyst’s supervision
• Develop, maintain, and improve quantitative models and databases
• Liaise with sector-specific fundamental analysts and associates
• Generate tables and graphs
• Assist in writing daily, weekly & quarterly publications
• Communicate and handle enquiries from institutional investors on the analyst's behalf
• Conduct economic and portfolio strategy research to recommend the optimal asset-mix, global-equity and sector-allocation strategies

What You'll Bring

• A university degree in finance, economics, mathematics, financial engineering, engineering, or a relevant discipline
• Highly proficient in Microsoft Office applications
• Work experience in a finance, research, financial engineering, or other capital market roles would be an asset (internships, co-op work terms, or other extracurricular experiences may be considered)
• Experience using Bloomberg and FactSet
• Ability to multi-task and manage several on-going projects at the same time
• Excellent data modeling skills, quantitative analysis, and experience working with large datasets
• Self-motivated, hardworking, inquisitive, enthusiastic and detail-oriented
• Strong written and verbal communication skills
• Ability to perform under pressure, problem solve, and meet tight deadlines
• Enrolment in/completion of the Chartered Financial Analyst (CFA) program would be an asset
• Proficiency in programming languages and databases, such as Python, C#, MATLAB, and SQL, would be a strong asset, but is not required on day 1
• Knowledge of financial data, capital markets and accounting concepts

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.