Investment Banking Analyst Intern (Metals and Mining) - Fall 2026

What You'll Be Doing

The Investment Banking Internship provides student(s) with a hands-on introduction to the role of an Analyst. You will work alongside our banking professionals, from Analyst to Managing Director level, and will gain exposure to a variety of advisory and financing transactions and sector types. The Intern is expected to work on multiple projects simultaneously, with primary responsibilities in the research and analysis related to transaction generation and execution.

Specific responsibilities will vary and may include conducting industry research, building financial models to analyze potential transactions, preparing client presentation materials, and working with banking teams to execute transactions.

Stifel Canada has a strong position in the Canadian market, has an international reach and is continuing to grow by adding top talent. The role offers candidates an opportunity to gain valuable, hands-on work experience that is focused on the financial markets. In Canada, we are primarily organized into industry teams focused on specific sectors. These include: Technology, Consumer, Diversified Industries, Life Sciences, and Metals & Mining.

Stifel Canada is offering a unique opportunity to work with a well-seasoned team with an exceptional track record and a large global network of relationships in the exciting Metals and Mining space.

Note: This position is based in our Toronto office and requires in-person attendance. This role is for an existing vacancy.

Application deadline: May 15, 2026.

Salary range: $75,000 – $90,000 annually.

The base pay offered will be determined based upon the candidate's skills and experience, job-related knowledge, and other specific business and organizational needs.

What We're Looking For

The primary role of the Intern includes, but is not limited to:

• Preparing presentation materials such as PowerPoint slides and summaries for pitch books;
• Working with banking teams to execute transactions;
• Performing in-depth quantitative financial analyses, including corporate and asset valuation analysis;
• Work with the team to maintain databases on transactions and companies financials/multiples; and
• Keep abreast of and analyze the impact on clients of current events, critical issues, and relevant news.

What You'll Bring

Seeking a 3rd year business/math/statistics student with an interest in capital markets. The Intern candidate should possess outstanding academic records and have demonstrated strong leadership ability through involvement in extracurricular endeavors such as student government, athletics, and cultural and entrepreneurial activities.

The Ideal Candidate Will Possess The Following

• Strong quantitative and analytical skills;
• Exposure to finance and accounting and quantitative modeling;
• Experience with financial modeling and analysis preferred;
• Superior attention to detail;
• Disciplined work ethic;
• Excellent verbal and written communication skills;
• Ability to effectively manage multiple simultaneous project deadlines;
• Ability to work in teams; and
• Highly-motivated and energetic.

How to Apply

Role

For your application to be eligible for consideration, please ensure the following items are included in your application when you apply for this role:

• Cover letter, Resume and Academic Transcript (unofficial is acceptable) in one PDF document.

Education & Experience

• Candidates must be graduating from their undergraduate programs in either Spring 2027 or Spring 2028;
• Resume must include expected graduation month/year and CGPA; and
• Internship duration September 2026 - December 2026.

Systems & Technology

• Proficiency in Excel and PowerPoint.

About Stifel

Stifel Canada (https://www.stifel.com/institutional/StifelCanada) is a leading provider of investment banking services, including advisory and underwriting, institutional sales and trading and research services. We offer a full suite of focused debt capital markets, equity capital markets, financial advisory, and investment services, delivering superior advice and execution to a broad range of corporate clients and institutional investors worldwide.

Stifel Canada is a subsidiary of Stifel Financial Corp., a public (NYSE – SF) full-service global investment bank with over 8,500 personnel operating in Canada, the United States and Europe. This includes over 400 investment banking professionals serving the needs of growth companies through specialized expertise and strong relationships within its core industries. As a growth company itself, Stifel’s passion is in bringing the right combination of people, products and services to the table to help our clients grow and excel for the long term.

At Stifel Canada we offer an entrepreneurial environment, competitive pay, comprehensive benefits package which includes health, dental, fertility, paramedical and vision care, HCSA, wellness initiatives, life insurance, paid parental leave and paid time off.

Inclusivenes