Equity Research - Supervisory Analyst

Work Location

Toronto, Ontario, Canada

37.5 hours per week

TD Securities

$175,000 - $185,000 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  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 candidate's 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.

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 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. 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 solutions.

In 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. We are growth‑oriented, people‑focused, and community‑minded. As a team, we work to deliver value for our clients every day. The Supervisory Analyst – Research provides a high‑quality and timely review of all products across the global research platform, ensuring that all research is compliant with FINRA, CIRO, and jurisdictional rules and regulations and company policies and procedures.

• 4PM – 12AM ET, Monday – Thursday
• 6PM – 2AM ET, Sunday

• Reviews all research intended for the public, including but not limited to notes, reports, marketing presentations, invitations, videos, and podcasts
• Review includes editing and compliance oversight of research to adhere to FINRA, CIRO, and jurisdictional rules and regulations, as well as company policies, before approval and release to the public
• Ensures timely release of all research
• Ensures content of research reports is clear, fair, and not misleading
• Confirms the investment thesis and valuation of an equity security are clearly presented, justifiable, and form a reasonable basis for any rating
• Research reports should be balanced in their language and presentation with risks to the investment properly conveyed
• Validates that financial figures and estimates are applicable to the report and are properly updated throughout the template
• Ensures proper company and other disclosures are present in reports and adhere to regulatory requirements
• Determines that information presented is publicly available and appropriately attributed, particularly when commenting on actual or possible corporate activity that could involve conflicts of interest
• Functions as a proficient user of the firm’s research publishing system (Blue Matrix) to confirm research reports are properly scheduled and distributed to subscribers
• Liaises with research analysts over issues such as wording of content and regulatory concerns, numerical inconsistencies, and the logic and clarity of their arguments

• Bachelor’s Degree
• 5+ years of experience as a Supervisory Analyst at a securities firm
• FINRA Series 16 License Required
• Holds, or is willing to obtain within six months, CIRO‑recognized proficiency for research approval (e.g., valid PDO under current CIRO transition and expiry rules, or new CIRO Supervisor Exam)
• Ability to prioritize and work on multiple projects while working under tight deadline pressure
• Strong editing and proofreading skills
• Highly organized approach to work with a meticulous attention to detail, especially during busy periods
• Strong written communication skills to…