Equity Research Associate, Consumer and Special Situations

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 30+ locations around the world, including 20 offices in North America.

BMO Capital Markets is a member of BMO Financial Group, one of the largest diversified financial services providers in North America with US $1.1 trillion total assets and approximately 53,000 employees (as of October 31, 2025).

We are currently searching for an associate to join our team, covering large cap consumer and diversified companies, based in our Toronto office (this is an in‑office role; not remote or hybrid).

The Equity Research Associate will support BMO’s Senior Consumer and Special Situations Analyst in analyzing publicly traded companies, conducting industry research, and preparing detailed financial models and reports. This role is ideal for individuals with strong analytical skills and a passion for financial markets.

• Conduct thorough financial analysis of mid‑to large cap publicly traded companies.
• Assist Research Analyst in conducting comprehensive industry and company analysis.
• Develop and maintain financial models to forecast company performance.
• Analyze financial statements, market data, and industry trends.
• Prepare detailed research reports, presentations, and investment recommendations.
• Monitor news, earnings releases, and other relevant information for covered companies and industries.
• Attend company earnings calls, conferences, and industry events.
• Maintain databases of financial and industry data.
• Engage with sales, trading, and investment clients.
• Ensure compliance with all regulatory and firm policies.

• Minimum of 3 years of relevant experience in industry and/or finance.
• Strong analytical and quantitative skills.
• Proficiency in financial modeling and valuation techniques.
• Excellent written and verbal communication skills.
• Strong attention to detail and organizational skills.
• Superior work ethic, self‑motivation and the ability to work independently.
• Ability to systematically manage a heavy workload and meet stringent deadlines.
• Flexibility to work irregular or extended hours.
• A keen interest in Equity Research.
• Solid technology skills with robust knowledge of Excel, Word, PowerPoint and AI tools.
• This posting is for a current vacancy.

• Post‑secondary degree in a related field of study.
• Preference for a Master’s degree, CPA/CA and/or CFA charter holder.
• Salary range for this specific role in Toronto: $115,000 up to $120,000.

Position is salaried. Salaries may vary based on location, skills, experience, education, and qualifications, and may include a commission structure. BMO offers performance‑based incentives, discretionary bonuses, and other perks and rewards. Additional benefits include health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. For more details of our benefits, visit

At BMO we are driven by a shared purpose:
Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.

From in‑depth training and coaching, to manager support and network‑building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, contact your recruiter.