GCM- IMPACT Equity Research New Grad Program 2026

Requisition ID: 236167

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

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Start Date: August 2026
Program Length: 12 months


The Impact Equity Research stream program is a 12-month new graduate rotational program that is a stepping-stone to becoming an Associate in our Equity Research business. Scotiabanks Research Associates enjoy a stimulating and demanding work environment. They also have an opportunity to work for a top-ranked Equity Research franchise. Research Associates work closely with a seasoned Research Analyst to develop financial forecasts and publish research publications that allow our clients to make informed investment decisions. For individuals who are passionate about capital markets and research this program is designed to develop technical analytical and interpersonal skills in the Research function. The program consists of the following components:

Rotations:During the programResearch Associates have an opportunity to develop relationships with the equity sales desk and institutional and corporate clients sector expertise strong financial modelling and valuation skills and an understanding of Capital Markets. We cover a broad range of industry sectors; participants have an opportunity to rotate through four different sector teams. Through these assignments participants gain exposure to different valuation methodologies and management styles as well as key drivers within each sector.

Classroom:The Capital Ideas Program is designed to orient participants to our culture people products and services and to provide the soft and technical skills and contacts critical for success. From day one Associates work with their peers to expand their global network. Team projects individual study and social activities supplement classroom discussions. This component is dependent on the candidates start date.

Feedback:We believe that ongoing feedback is a critical component to any learning process. Throughout the program Associates are provided with ongoing feedback from their Mentor and Supervisor.

Placement: The aim of the program is to place participants within an Equity Research sector team towards the end of the final rotation.


Requirements:
Are legally eligible at the time of application to work in Canada
An Undergraduate degree or Masters degree completed between December 2025 to August 2026 (AnMBA or Masters of Finance degree is preferred)
Are available to start full-time work by either February 2026 or as of August 2026
Completion of CFA Level 1 is preferred
A proven record of outstanding achievement in academic and extracurricular activities
Strong accounting financial modeling graphing and analytical skills
Excellent command of Microsoft Suite with an emphasis on Excel
Strong written and verbal communication skills
A demonstrated interest and knowledge of the capital markets
Ability to perform under pressure and meet tight deadlines
Ability to manage multiple projects simultaneously while maintaining a high standard of work
A high level of energy and a keen desire to learn
Experience using Bloomberg and FactSet is an asset


Responsibilities:
Perform comprehensive financial statement analysis and create and maintain financial models
Conduct in-depth industry analysis andresearch using industry and financial sources
Collect consolidate and interpret company and industry data
Assist in writing research publications including morning commentary company and industry reports and theme-based research reports
Follow overall market news and evaluate market data to assess short and long-term trends
Prepare presentations for meetings with internal and external clients
Handle enquiries from institutional investors
Develop and maintain connections with investor relations teams at companies under coverage group
Liaise with sales trading and other areas of the firm within regulatory guidelines


How do I apply

1. Apply to the role and upload your resume and full academic transcript to the resume section

2. Complete a one-way video interview here

*To be considered for student opportunities at Scotiabank Tangerine and MD Financial you must complete the step above.

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.