Associate or Associate Director Trader

Banque Nationale du Canada$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required, advanced degree preferred in relevant fields.
  • Experience in Equity Derivatives is essential.
  • Solid understanding of equity markets and derivative instruments is a must.
  • Exceptional attention to detail and accuracy in trade execution required.
  • Strong interpersonal and communication skills necessary for collaboration.
  • Analytical mindset with proficient quantitative and problem-solving skills essential.
  • Proficiency in Excel (VBA), Python, and SQL is required.

Responsibilities

  • Price and execute equity swap transactions across various markets.
  • Monitor and manage risk exposures, ensuring regulatory compliance.
  • Maintain and reconcile trade bookings for accuracy and completeness.
  • Collaborate with traders to provide market insights and client solutions.
  • Work with structuring, risk, operations, and tech teams for product improvements.
  • Analyze market trends and funding conditions to guide trading decisions.
  • Resolve trade discrepancies and operational issues promptly.
  • Contribute to the enhancement of trading tools and infrastructure.

Benefits

  • Health and wellness program with various options available.
  • Flexible group insurance for diverse needs.
  • Generous pension plan provided.
  • Employee Share Ownership Plan included.
  • Employee and family assistance program offered.
  • Preferential banking services accessible.
  • Opportunities to engage in community initiatives.
  • Access to telemedicine and virtual health resources.
Full Job Description
We are seeking a highly motivated Associate or Associate Director to join our Equity Delta One trading team, with a focus on equity swaps. The successful candidate will play a key role in pricing, execution, and risk management of equity swap transactions, while working closely with other traders in Synthetic Finance and Equity Repo. This role requires strong attention to detail, sound judgment, and the ability to build effective working relationships across teams. Looking for someone passionate about Capital Markets and who has an entrepreneurial mindset.

Your Job
  • Price and execute equity swap transactions across a range of underlying markets and client structures
  • Monitor and manage risk exposures, ensuring adherence to internal limits and regulatory requirements
  • Maintain and reconcile trade bookings, ensuring accuracy and completeness of all transactions
  • Collaborate with other traders to provide market color, trade ideas, and client solutions
  • Work closely with structuring, risk, operations, and technology teams to support product development and process improvements
  • Analyze market trends, funding conditions, and dividend forecasts to inform trading decisions
  • Ensure timely resolution of trade breaks, discrepancies, and operational issues
  • Contribute to ongoing enhancement of trading tools, models, and infrastructure


Your Team

The team operates in a high - performance, collaborative environment where integrity is essential. It offers exposure to global markets and institutional clients, competitive compensation with performance - based incentives, and strong opportunities for learning and career growth within a leading trading platform.

Basic Requirements


  • Bachelor's degree required and Advanced Degree preferred. Preference for candidates from Engineering, Finance, Computer Science, or Mathematics, but not required.
  • Relevant experience in Equity Derivatives
  • Strong understanding of equity markets, financing, and derivative instruments
  • Exceptional attention to detail and precision, high level of accuracy in trade execution and booking
  • Strong interpersonal and communication skills, with the ability to collaborate effectively across teams and interact with clients
  • Analytical mindset with solid quantitative and problem-solving abilities
  • Ability to perform and manage multiple priorities in a fast-paced, high-pressure trading environment
  • Proactive self-starter with strong ownership mentality
  • Excel (VBA), Python and SQL experience required


Languages:

English

Skills

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Derivatives Entrepreneurship Equity Capital Markets Equity Derivatives Interpersonal Communication Market Risk Problem Solving Trading Initiative Pricing Quantitative Analysis Agility Integrity Analytical thinking Collaboration

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 such as:

* 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.

About Banque Nationale du Canada

Banque Nationale du Canada Careers

Joining Banque Nationale du Canada presents a prime opportunity to be part of a team that values innovation, leadership, and diversity. As one of the leading financial institutions, the bank offers a variety of job opportunities that cater to a range of skills and professional aspirations.

Explore Career Opportunities

Banque Nationale du Canada is actively hiring and continually seeks passionate, creative, and solution-driven team players. Explore open positions that match individual skills and interests in the dynamic world of finance. From entry-level roles to executive positions, each career path at Banque Nationale du Canada is designed to foster growth and leadership.

Internship Programs

Kickstart a career in banking with Banque Nationale du Canada’s internship programs. These opportunities allow interns to work on real projects, gaining hands-on experience and valuable insights into the financial sector. Internships are a stepping stone to full-time employment and offer a robust platform for networking and professional development.

Employee Benefits and Culture

Banque Nationale du Canada is committed to supporting its employees through comprehensive benefits, diversity training, and a culture that promotes work-life balance. The company’s benefits package includes health, dental, and vision insurance, alongside retirement plans and paid time off. The inclusive culture at Banque Nationale du Canada ensures that all team members feel valued and respected.

Professional Growth and Development

The bank champions professional growth and offers numerous resources for career advancement, including workshops, seminars, and continued education programs. Employees at Banque Nationale du Canada are encouraged to harness their potential and advance their careers within the company.

Innovation and Industry Leadership

At the intersection of technology and financial services, Banque Nationale du Canada leads with innovative solutions that redefine banking. Employees are part of a forward-thinking team that leverages technology to enhance customer experiences and drive industry leadership.

Join the Team

Search for job opportunities that align with personal career goals at Banque Nationale du Canada. The company is looking for individuals who are curious, driven, and eager to make an impact in the financial industry.

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