Associate Director

Associate Director, FX Risk Management Solutions

The Risk Management Solutions Group (RMSG) at National Bank Capital Markets is looking for someone who is driven, ambitious, and ready to build something real - someone who thrives in uncertainty, moves fast, and sees opportunity where others see structure.

Joining us on the NBCM trading floor in Toronto means stepping into a high‑energy environment alongside senior derivatives originators who cover commercial and mid‑market clients across Ontario’s entire economic landscape. This isn’t the standard banking track - far from it. Here, initiative beats tenure, ideas beat hierarchy, and impact beats routine. You’ll help grow the book, not just service it, supported by a platform built to scale: strong balance sheet, flexible mindset, and short decision chains.

If you want ownership, accountability, and the freedom to shape your trajectory, you’ll fit right in.

Your Job

Reporting to the Managing Director and Head, you can expect to actively participate in a wide variety of transactions.

Your main responsibilities will include:

• Originate and propose customized OTC Foreign Exchange risk management solutions tailored to clients’ operational and strategic needs
• Develop, grow and manage a portfolio of commercial and entrepreneurial clients across multiple industries
• Support the RMS Coverage Team in developing customized OTC Foreign Exchange solutions tailored to clients’ specific needs
• Prepare presentation material, market commentaries and generate a variety of data-based reports and analysis
• Conduct in-depth research and analysis on companies, markets and associated risks
• Develop a vast network including internal partners and clients to coordinate the distribution process from end to end
• Price and execute various derivative transactions using models

Over time, success in this role means more responsibility, more autonomy, and a bigger commercial footprint, with increasing ownership over client relationships, origination efforts and contribution to the growth of the FX franchise.

Your team

The Risk Management Solution Group is responsible for developing and originating financial derivative transactions as well as structured solutions for National Bank of Canada’s existing and prospective clients. The Risk Management Solutions group works closely with our Commercial, National Accounts and Specialized Banking teams. Our product scope is truly cross-asset and includes derivatives on interest rates, foreign exchange, equity, and commodities. Our mandate also includes developing new structures to address client needs.

Requirements

• Graduate degree in finance or other STEM fields
• Minimum of 3 years working in a permanent finance function
• Experience in sales and business origination
• Superior analytical and quantitative proficiencies
• Proficient with Excel, PowerPoint, a working knowledge of Bloomberg Terminal
• Demonstrate a natural curiosity, a problem-solving mindset, a collaborative approach and great team spirit
• Strong interpersonal skills with the ability to build trusting relationships
• Excellent verbal and written communication skills in English, French is an asset
• CFA is an asset

Candidates must show the ability to interact effectively with clients, colleagues, and other advisors.
The level of the position may be adjusted based on the selected candidate's profile.

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 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!