Associate Trader Rates and Currency

4 weeks ago


Montréal, Canada National Bank of Canada Full time

**Primary Locations**:Montreal, Quebec**:
**Attendance**:Hybrid**:
**Employee Status**:Regular**:
**Schedule**:Full-time**:
A career in Foreign Exchange (FX) at National Bank is to help clients hedge their currency. As an FX trader, you will follow the evolution of rates and FX across the globe. During your daily life in Montreal, you will interact with the sales team to price and manage market risks coming from client transactions.

**Your role**:

- Follow rates and FX markets and update pricing spreadsheets
- Quote client flow in collaboration with sales team and manage risks
- Search trading opportunities and establish relative values
- Improve the infrastructure of the desk
- Participate in special projects

Being part of a team of 12 traders spread out in Montreal, London and Hong Kong, you will need to collaborate with them and with the sales team in Montreal, Toronto and Calgary to offer a 24h service to our clients and to manage risks. The job is mainly in person out of our Montreal trading floor. Passion for markets, teamwork and high capacity to excel in a stressful environment is key.

**Competencies required**
- Bachelor's degree related to the industry and a passion for markets and trading
- Team player with excellent capacity to manage stress
- Good communication and interpersonal skills
- Bilingualism (English and French) required, as you will frequently interact with service providers or partners who speak a language other than French

**Preferred competencies**
- Possess an understanding of FX, fixed income and associated derivative products (Interest rate swaps, bonds, cross-currency swap)
- Good capacity to understand complex transactions and associated risks
- Ability to price transactions and monitor risk using the appropriate market tools
- Programming skills (Excel, VB.net, Python)
- Ability to identify and promote cross-asset opportunities

**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
- Initiatives promoting community involvement
- 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 accommodations, feel free to let us know during your first conversations with us._
- Ready to live your ambitions?_


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