Associate, Institutional Equity Research (Various Sectors)
About The Position
The Capital Markets division at CIBC delivers innovative solutions to corporate, government, and institutional clients throughout North America and key financial centres globally. As an Associate in Institutional Equity Research, you’ll join the Equities team, which is dedicated to providing original ideas, exceptional service, and performance to institutional investors. In this role, you’ll work closely with the Research Analyst covering the Real Estate or Industrials sectors. You’ll develop and maintain financial models and databases, and other critical administrative tasks. In addition, you will develop and deepen foundational knowledge in equity research and capital markets, support the Research Analyst in industry and company analysis, and contribute to research and client deliverables while building skills in financial modelling, reporting writing and forecasting.
Requirements
- Bachelor of Commerce degree in Finance or business-related discipline preferred.
- One to two years of relevant experience and interest in Capital Markets through education.
- Excellent knowledge of PC applications (i.e. Excel, Word, PowerPoint, Access).
- Demonstrate interest in the capital markets industry through school courses, clubs and/or related work experience.
- You bring your real self to work and you live our values – trust, teamwork and accountability.
Nice To Haves
- Enrollment in the CFA program (or the designation) would be an asset.
- AI, programming and automation skills are also valued.
Responsibilities
- Assists the Research Analyst in preparing research reports, presentations, and supporting materials.
- Executes assigned research tasks, including updating financial models, forecasting of company cash flows and earnings, inputting and analyzing data, conducting channel checks with industry contacts, and sector databases, with guidance from Analyst and Senior Associates.
- Monitors news, market developments, and research consumption trends relevant to covered companies and sectors, escalating significant findings to the Analyst and identifying high-readership topics for further exploration.
- Maintains records of research data, documentation, and historical reports in accordance with team protocols.
- Operates financial software and research tools (e.g., Excel, Bloomberg, FactSet) to assemble and analyze data as required.
- Prepares draft sections of research reports and presentations, ensuring accuracy and adherence to templates, with Analyst review.
- Participates in presentations and client meetings as required, under Analyst supervision.
- Communicates with the sales & trading desk about significant company or industry developments, under direction from the Analyst.
- Verifies the accuracy of data inputs, calculations, and report content, flagging discrepancies for Analyst review.
- Ensures all work is completed accurately, on time, and in compliance with CIBC policies and procedures.
Benefits
- competitive salary
- incentive pay
- banking benefits
- a benefits program
- defined benefit pension plan
- employee share purchase plan
- a vacation offering
- wellbeing support
- MomentMakers, our social, points-based recognition program
- Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
