Description
A career as an Analyst or Associate in the XVA team at National Bank offers an opportunity to sit in the middle of the risk management activity of our corporate clients, by offering a wide range of products to hedge their financial risks. In this role, you will be in contact with teams managing or selling all asset classes in Capital Markets and will have a real impact on our organization through your active participation in the structuring, pricing and trading of derivative products.
Your Job
- Publish the desk’s P&L report, maintain its code and investigate its decomposition.
- Provide an XVA pricing for derivatives to our internal sales teams.
- Proactively act as an expert resource on XVA in the structuring of solutions to all types of clients.
- Participate in the management of complex XVA risks via hedging strategies and execution.
- Continuously improve our electronic tools required for such calculations.
- Understand and improve the quantitative models underlying the required computations of XVA.
- Explain complex aspects of XVA to other teams.
- Collaborate on any other related project.
Your Team
The activities of the XVA team cover all aspects of finance: trading, pricing, modelling and programming. The XVA Analyst or Associate works closely with experienced members of the group as well as with various Capital Markets teams. You will have the opportunity to learn and contribute while evolving in a collaborative, results-oriented team environment that rewards professional excellence and individual initiative.
Please note that this role is based in Montreal and requires working on-site five days per week.
Requirements
- Master's degree in finance or financial engineering, actuarial science, mathematics, engineering, or a related field (0 to 3 years of relevant experience).
- Excellent numerical and analytical skills.
- Positive attitude, enthusiasm, and collaborative spirit.
- Knowledge of derivative products, their risks and hedging strategies.
- Knowledge of Microsoft Excel (VBA) and Bloomberg.
- Programming an asset (Python, C#, vue and javascript).
- Bilingualism, spoken and written (English and French) essential.
- Strong attention to details and solid time and stress management skills.
- Motivation to innovate.
- Strong work ethic.
- Strong interest in Capital Markets.
* 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 * Involvement in community initiatives * Telemedicine service * Virtual sleep clinic
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 value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.
Making a bold move in a people-first environment 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 people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.
We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?
Join us!
