Description
A career as an Associate or Associate Director within the Fixed Income Financing desk in the Global Securities Finance (GSF) team at National Bank of Canada (NBC) involves trading various financial products with market participants and managing associated risks. It means having a keen interest in financial market plumbing and the creation of leverage and liquidity. You will strive to generate revenue using limited resources and grow the franchise by building trusting relationships.
Your Job
- Generate profit through executing funding transactions with counterparties: repo, securities lending, bond forwards, total return swaps, structured trades
- Monitor and hedge market, liquidity and counterparty credit risk using available tools such as interest rate swaps, futures and FX transactions
- Analyze and price cross-correlation of various risks for complex transactions; able to understand trade related legal documentations
- Maintain and improve trading tools; spot and fix potential operational lapses
- Keep up with market updates for trade ideas generation and business growth opportunities spotting
- Build strong relationship with counterparties
- Communicate closely with other departments to provide clients with seamless coverage
- Work closely with middle offices and operations team to manage the life cycle of trades
- Understand financial resources such as balance sheet, liquidity and capital ratios; generate trade ideas to optimize financial resources for the bank
- Be familiar with regulatory rules and internal risk controls; work together with internal teams to ensure strict abidance
- Able to deliver results under pressure and maintain strong integrity at all time
Basic Requirements
- Bachelor's degree in finance, economics, mathematics, engineering, law or another complementary discipline with at least three years of relevant capital markets experience
- Strong interest in securities finance products and markets
- Relevant experience with fixed income securities, market or credit risk
- Excellent analytical skills with strong technical background
- Fast learner, able to pick up new knowledge and skills as market develop
- Attention to detail and strong risk management mindset; able to multitask, work with strict deadlines and make decisions under time constraints
- Strong ethics and interpersonal skills; agree to NBC values, be a team player and treat all parties with respect
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!
