Associate
- Montreal, QC, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
As an Associate, Funding, you will contribute directly to decision-making and the execution of the Bank’s funding activities. In this role, you will leverage your judgment, analytical skills, and market knowledge to support financial performance, propose value‑creating strategies, and maintain a strong understanding of the economic and financial environment.
Your role
- Participate in the Bank’s secured and unsecured funding operations
- Execute required foreign exchange (FX) activities and optimize revenues through arbitrage
- Contribute to the Bank’s collateral management
- Support and coordinate funding activities across international centers
- Participate in the management of liquidity, interest rate, basis, and currency risks
- Support the Managing Director through the preparation of rigorous financial analyses
- Work closely with the Global Securities Finance and Deposit Solutions teams
- Contribute to the management and optimization of effective and regulatory liquidity metrics
- Monitor financial markets and economic data on an ongoing basis
- Contribute to achieving the profitability objectives of the Global Securities Finance team
- Propose and execute market strategies aimed at generating and optimizing short-term funding revenues
- Maintain and develop strong relationships with internal and external counterparties
The team
The Funding team is responsible for managing and executing the Bank’s overall funding activities, both short‑ and long‑term, including various secured programs and conduits. Based in Montreal, Toronto, New York, and London, the team operates in adynamic, international environment. It works closely with Global Securities Finance teams and Asset/Liability Management teams, while playing a central role in liquidity risk management and internal liquidity pricing. The position reports to the Managing Director, Short‑Term Funding.
The development of your skills is a key priority and is supported through hands‑on learning, guidance from leaders, and collaboration with colleagues from diverse backgrounds and areas of expertise.
Prerequisites
- Bachelor’s or Master’s degree in a relevant field, with a minimum of two years of experience (any equivalent combination of relevant experience will be considered)
- Strong knowledge of financial products (funding, interest rates, currencies, derivatives)
- Experience negotiating financial products
- Strong analytical skills
- Rigor, attention to detail, and versatility
- Ability to work effectively as part of a team
- Knowledge of Bloomberg
- Programming skills
Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.
Required skills: Accountability, Client-focused, Communication, Critical Thinking, Diversity & Inclusion, Driving Results, Emotional Intelligence, Empathy, Funding, Humility, Information Analysis, Initiative, Learning Agility, Resiliency, Teamwork
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.
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!
More about this job
Responsibilities
Execute secured and unsecured funding operations, foreign exchange activities, collateral management, and short-term funding strategies while supporting liquidity and financial risk management. Analyze markets and economic data, prepare financial analyses, optimize funding revenues and liquidity metrics, and coordinate with internal teams and external counterparties.
Requirements
A bachelor’s or master’s degree in a relevant field and at least two years of experience are required, with equivalent combinations of relevant experience considered. Candidates should have strong knowledge of funding, interest rates, currencies, and derivatives; experience negotiating financial products; analytical ability; attention to detail; teamwork skills; Bloomberg knowledge; and programming skills.
Skills
- Funding
- Financial Analysis
- Financial Products
- Interest Rates
- Foreign Exchange
- Derivatives
- Negotiation
- Analytical Skills
- Collateral Management
- Liquidity Risk Management
- Market Knowledge
- Bloomberg
- Programming
- Communication
- Critical Thinking
- Teamwork
Benefits
- Health And Wellness Program
- Flexible Group Insurance
- Pension Plan
- Employee Share Ownership Plan
- Employee And Family Assistance Program
- Preferential Banking Services
- Community Initiatives
- Telemedicine Service
- Virtual Sleep Clinic
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Funding
- Secured Funding
- Unsecured Funding
- Short-Term Funding
- Long-Term Funding
- Foreign Exchange
- Arbitrage
- Collateral Management
- Liquidity Management
- Liquidity Risk
- Interest Rate Risk
- Basis Risk
- Currency Risk
- Financial Analysis
- Financial Products
- Derivatives
- Market Strategy
- Funding Revenues
- Regulatory Liquidity Metrics
- Internal Liquidity Pricing
- Financial Markets
- Economic Data
- Bloomberg
- Programming
- Global Securities Finance
- Asset/Liability Management
- Deposit Solutions
- Counterparty Relationships