Associate Director, Equity Research, Gold & Precious Minerals

Scotiabank•Toronto, ON

3d•Hybrid

About The Position

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.

Requirements

A university degree in business or a relevant discipline
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

Nice To Haves

A Chartered Professional Accountant (CPA) designation, MBA, Master of Finance degree, or enrolment in/completion of the Chartered Financial Analyst (CFA) is an asset

Responsibilities

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.