Associate

Attendance

On-Site

Job Number

22625

Category

Senior Professional

Status: Permanent

Type of Contract

Permanent

Schedule: Full-Time

Full Time / Part Time?

Full-Time

Posting date

19-Sep-2024

Location: Toronto, Ontario

City

Toronto

Province/State

Ontario

Area of Interest: Financial markets and treasury

As an Associate in the Institutional Foreign Exchange (FX) sales team at National Bank Financial Markets, you will be a key member of a client facing sales team. You will have a mandate to cover existing clients, prepare client presentations, price and execute FX transactions and generally support the group’s sales efforts.

Your Job

Provide timely and consistent market commentary, prepare client presentations, price and execute FX transactions
Understand each client’s specific needs and requirements and provide them with tailored solutions to optimize their FX trading and hedging strategies
Focus on business development, client onboarding and sales and origination growth of the business
Assess credit valuations adjustments and perform potential future exposure calculations as required
Develop new products, pricing tools etc.
Collaborate with colleagues in Financial Markets to identify cross-asset coverage and business development opportunities
Develop and maintain internal relationships with key stakeholder in operations, credit and legal
Work closely with internal teams, such as trading, research, and operations, to ensure smooth execution of client transactions and to provide post-trade support

Your Team

You will report to the Co-Heads of FICC Institutional Sales and be accountable to the Managing Director, Institutional FX Sales in Toronto. The Institutional FX group is responsible for developing and originating FX transactions (Spot, Forward, Non-Deliverable Forwards, FX options) for National Bank of Canada’s existing and prospective clients in Canada and the United States. The group works closely with National Bank Financial Markets’ fixed income, debt and equity capital markets and investment banking teams.

This position is based in Toronto.

Basic Requirements

Bachelor's degree is required; a Master's degree or Chartered Financial Analyst (CFA) designation would be important assets
Minimum of 2 years’ experience working full time in a finance function or the financial industry
Strong quantitative skills, mathematically inclined and a vivid interest in the global macro environment
Strong interpersonal skills and professional maturity with an ability to engage and communicate with highly skilled clients
Driven with a high desire to succeed, the ability to work well in a team and in high-pressure environment
Previous experience with or knowledge of FX options is preferred
Previous client facing experience is an asset
Strong analytical and problem-solving abilities are needed to analyze market data and provide valuable insights to clients

Languages:

English

Skills

Bloomberg Client Relations Communication Diversity Equity and Inclusion Financial Markets Foreign Exchange Options Initiative Institutional Sales Interpersonal Skills Learning Agility Market Data Microsoft Excel Murex Problem Solving

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.

Health and wellness program, including many options
Flexible group insurance
Generous pension plan
Employee Share Ownership Plan
Employee and Family Assistance Program
Preferential banking services
Opportunities to get involved in community initiatives
Telemedicine service
Virtual sleep clinic

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family. 

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

We're putting people first:

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people.  Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We want to offer an accessible, barrier-free workplace to all employees.

We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team?

Come live your ambitions with us!

Apply

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on-the-job learning and training, co-development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?