Equity Research Associate Industrial (Engineering and Construction)

Work Location:

Toronto Ontario Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$110000 - $135000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidates skills and experience job-related knowledge geographic location and other specific business and organizational needs.

As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

The Institutional Equities division of TD Securities provides equity sales trading research underwriting and distribution from offices in Canada the U.S. and the UK.

As an Associate in Equity Research you will have an opportunity to work directly with an equity analyst on the daily publication of company and industry research reports. This role is for an Equity Research Associate that will work alongside a senior analyst covering the Engineering & Construction (E&C) sector. The successful candidate will be a key contributor to the production of financial models published research and the day-to-day analytical work that supports our coverage.

Responsibilities

• Build maintain and enhance detailed financial models (income statement balance sheet cash flow DCF/SOTP and segment-level and project-backlog models) for E&C and Industrials companies.
• Analyze sector-specific drivers including backlog and book-to-bill trends project margins and execution risk infrastructure spending cycles and public/private funding dynamics.
• Draft and contribute to initiation reports earnings previews/reviews sector notes and thematic research.
• Conduct company and peer analysis valuation benchmarking and competitive positioning assessments across the coverage universe.
• Monitor company news flow contract awards regulatory developments and macro indicators relevant to sector; prepare summaries and flag actionable insights to senior analyst.
• Support the senior analyst during earnings season investor marketing non-deal roadshows and industry conferences.
• Engage with institutional sales and trading teams to communicate investment theses and respond to client inquiries.
• Continuously develop sector expertise and progress toward greater analytical ownership and independent contributions over time.

Qualifications

• Ability to work independently under strict deadlines with an attention to detail and output orientation
• Ability to research a topic from the ground up
• Strong work ethic ability to take initiative and balance multiple tasks
• Superior business writing skills presentation skills and interpersonal skills
• Excellent spreadsheet quantitative and financial analysis skills
• Demonstrated interest in capital markets comfortable with finance theory
• Service orientation and professional attitude presentable to both internal and external clients
• Flexibility and ability to invest long hours as needed/required by business due to the nature of the role
• We welcome applications from candidates across a range of experience levels. While relevant experience in equity research and/or familiarity with the E&C or broader Industrials space is preferred it is not required.
• The candidate must possess exceptional aptitude. Similarly professional designations (e.g. CFA CPA .) are viewed favorably but are not a prerequisite. If you are motivated analytically rigorous and eager to contribute we encourage you to apply.
• Minimum Undergrad degree in a relevant finance or industry field
  
  

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Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate government and institutional clients who choose us for our innovation execution and experience. With more than 6500 professionals operating out of 40 cities across the globe we strive to make every interaction product and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues providing trusted advice and industry-leading insight extending access to global markets and delivering integrated transaction banking 2023 we acquired Cowen Inc. offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise while growing our strong diversified investment bank.

Together we are reimagining what banking can be for our clients colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial physical and mental well-being goals. Total Rewards at TD includes a base salary variable compensation and several other key plans such as health and well-being benefits savings and retirement programs paid time off banking benefits and discounts career development and reward and recognition programs. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations requirements.

Colleague Development

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll have regular career development and performance conversations with your manager as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if youd like accommodations (including accessible meeting rooms captioning for virtual interviews etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet

Required Experience:

IC

Employment Type : Full-Time
Experience: years
Vacancy: 1
Monthly Salary Salary: 110000 - 135000