Associate Director of Equity Research

Application Deadline:

05/29/2025

Address:

151 W 42nd Street

Job Family Group:

Customer Solutions

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,700 professionals in 33 locations around the world, including 20 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$989 billion total assets and approximately 54,000 employees as of January 31, 2024. #bmocapitalmarkets

The Equity Research department provides in-depth financial analysis, industry expertise and thematic coverage of approximately 900 stocks that power our institutional clients with the information they need to make informed investment decisions.  We are searching for an ADoR (Associate Director of Research), who will be responsible for managing a team of Equity Research Associates, overseeing recruiting and talent retention, as well as contributing to our research strategy, product, AI and data projects. The ideal candidate will have a strong background in equity research, capital markets talent recruiting & development, data analysis, and a solid understanding of the regulatory space in equity research. This role is part of our Equity Research management team and reports into the Directors of Research.

Key Responsibilities:

• Manage a global team of Equity Research Associates, ensuring high performance and professional development.
• Lead Equity Research Associates on all aspects of career development while maintaining discretion and confidentiality of sensitive information.
• Formalize and harness various training, speakers, and knowledge share opportunities for the Associates.
• Oversee Equity Research Associate recruiting. Capable of attracting and retaining top talent.
• Manage wide variety of projects within Equity Research, requiring strong excel skills.
• Work closely with the Directors of Research on day-to-day of the department, optimizing research distribution and increasing client impact.
• Capable of organizing and running the morning equity call.
• Understand compliance and the regulatory environment and act as a coach and resource to direct reports.
• Foster a collaborative and team-oriented environment.
• Collaborate and partner with multiple stakeholders, across research, sales and trading.
• Act as a problem solver, addressing and resolving issues that arise within the team or projects.

Qualifications:

• 10+ years of experience in recruiting, managing large global teams, project management, and equity research.
• 10+ years in capital markets, with at least 2 years in equity markets, on the buy or sell side.
• Strong preference for those with experience working as an Equity Research Associate, Analyst or Product Manager.
• Proven track record in leading and developing high-performing teams.
• Experience working with Equity Research production teams – including knowledge of authoring and publishing processes.
• Strong negotiation skills and experience in strategic discussions.
• Highly skilled in Excel and data management.
• Excellent communication skills and the ability to maintain discretion and confidentiality.
• Team-oriented with a collaborative approach to work.
• Candidate willing to be licensed by securities regulator in the US and/or Canada (including passing FINRA Series 24 and/or other exams within probation period).

Additional Information:

• This role is based in either our Toronto or New York office;
• Requires in-office presence, 4 days a week, starting prior to 7am.
• We offer a competitive compensation package and opportunities for professional growth within the firm.

Base Salary: USD $275,000

Salary:

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package wi