Equity Income Research Analyst
2 weeks ago
**Equity Income (Option/Preferred Share/Bank Capital) Research Analyst (Montreal)**
Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing $18 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.
**Description**
Canoe Financial is seeking an equity income research analyst to join its investment team. This is a unique opportunity for an individual who aspires to be a portfolio manager, to join a team responsible for a number of actively managed mutual fund portfolios. The analyst will work closely with the portfolio manager and other team analysts to help generate preferred share, bank capital and equity option ideas from different sectors and industries.
The analyst will perform fundamental, financial and technical research, provide investment ideas for the portfolios, and contribute to the portfolios’ investment performance. The analyst will be part of an investment team responsible for two income portfolios consisting of preferred shares/bank capital and equity options. The individual will be responsible for data collection (comparables), idea generation, portfolio trading, and attribution assessment.
**Primary responsibilities**
- Maintain a high level of knowledge of the North American options market.
- Maintain a high level of knowledge of the Canadian and U.S. preferred share universe.
- Maintain a high level of knowledge of the Canadian LRCN and hybrid markets.
- Portfolio trading.
- Leverage various information sources including, company management, competitors, suppliers and customers, industry specialists, and external and sell-side research to develop a thorough understanding and to formulate a thesis on potential investments.
- Clearly articulate thesis to the portfolio manager.
- Assist marketing and sales teams with input into presentations, commentaries and specific queries.
**Requirements**:
1. Knowledge:
- 2-3 years of relevant experience in financial markets
- Research experience and knowledge of the Canadian preferred and options market
- Undergraduate degree in business, finance or economics
- Master’s degree in business, economics or finance would be an asset
- Completion of the CFA program would be an asset
- Knowledge of Bloomberg Query Language (BQL)
- Passionate about financial markets and the investment industry
2. Skills:
- Highly motivated and goal-oriented
- Strong initiative and accountability, able to work independently
- Excellent analytical and interpretive skills
- Critical thinker
- Excellent organizational skills, strong attention to detail and risk
- Excellent interpersonal and communication skills, including presentation skills
- Able to maintain effectiveness, accuracy and performance in a fast-paced and demanding environment with multiple concurrent priorities
- Strong technical and problem-solving skills
Pay: From $60,000.00 per year
**Benefits**:
- Company events
- Company pension
- Dental care
- Disability insurance
- Life insurance
- Paid time off
- RRSP match
- Vision care
Schedule:
- Monday to Friday
**Education**:
- Bachelor's Degree (required)
**Location**:
- Montréal, QC H3B 3P2 (preferred)
Work Location: In person
Application deadline: 2024-11-15
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