Description
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
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
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 offer a barrier-free workplace that is accessible 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!!
