Analyst or Associate, RMSG - Derivatives Sales

National Bank of Canada; Montreal (administrative region); On-site; CAD 70,000 - 95,000; Full time

Benefits offered by this job

Health program

Flexible group insurance

Pension plan

Employee share ownership plan

Employee assistance program

Telemedicine service

Community initiatives

Job summary

National Bank of Canada Capital Markets (NBCCM) seeks an Analyst or Associate in the Risk Management Solutions Group (RMSG) on the Montreal trading floor. You will work with senior originators, traders and structurers to create hedging strategies, price derivatives and support client advisory across foreign exchange and interest rate products.

You will develop market insights, prepare client materials and contribute to the end-to-end transaction lifecycle, while collaborating with multiple teams

Qualifications

• Bachelor’s or Master’s degree in finance or related quantitative field.
• Strong quantitative, analytical and problem-solving skills.
• Ability to synthesize complex information and develop practical solutions.
• Interest in financial markets, derivatives and risk management.
• Experience with data analytics and automation tools is an asset.

Responsibilities

• Analyze market developments, client exposures and industry trends to identify hedging opportunities and develop actionable risk management strategies.
• Prepare client presentations, quantitative analyses and market insights to support transaction origination and advisory mandates.
• Structure, price and execute derivative transactions across foreign exchange and interest rate markets.
• Participate in client meetings, presentations and transaction execution for tailored risk management solutions.
• Collaborate with Trading, Structuring, Corporate & Investment Banking and other partners to deliver integrated solutions.
• Build and maintain relationships with internal stakeholders and external clients to support business development.
• Coordinate with Trading, Risk Management, Legal, Middle Office and Operations to support efficient execution.
• Develop and enhance automation tools, dashboards and workflow solutions using Excel, VBA, Python or other technologies.

Job description

As an Analyst or Associate in the Risk Management Solutions Group (RMSG) at National Bank of Canada Capital Markets (NBCCM), you will join a specialized and multidisciplinary team dedicated to helping corporate and commercial clients identify, manage, and mitigate financial risks, primarily related to foreign exchange and interest rates, through tailored derivative solutions. Working alongside experienced originators, traders, and structurers on the Montreal trading floor, you will gain hands‑on exposure to derivative products, client relationship management, and transaction execution.

This role provides exceptional exposure to financial markets and will equip you with the skills and experience needed to build a successful career in derivatives, capital markets, and client advisory. You will play an active role in the team’s growth initiatives by developing hedging and trading ideas, creating client-facing materials, evaluating and pricing derivative strategies, and assisting with the execution of sophisticated client transactions.

Why Join RMSG?

• Gain direct exposure to senior decision-makers, including CFOs, treasurers and finance teams, while helping advise them on strategic financial risk management matters.
• Build expertise across foreign exchange and interest rate derivatives through hands‑on involvement in client transactions.
• Take on meaningful responsibility early in your career, with structured mentorship, continuous learning and close collaboration with experienced market professionals.
• Work at the intersection of financial markets and client advisory, partnering daily with traders, structurers, bankers, and risk professionals to deliver risk management solutions for business clients.
• Participate in the full transaction lifecycle, from client origination and strategy development through structuring, execution and ongoing relationship management.
• Help advance technology and automation initiatives that are transforming how risk management solutions are delivered to clients.
• Develop a distinctive combination of analytical, market and client‑facing skills that provides a strong foundation for a long‑term career in capital markets.
• Join an entrepreneurial, growing platform where initiative, creativity and collaboration are valued and individual contributions have a visible impact on the business.

Your Team

Reporting to the Managing Directors and Co-Heads of the Risk Management Solutions Group, you will support senior originators in developing and executing tailored risk management solutions for clients across a broad range of industries in Quebec and Eastern Canada.

Your Job

• Analyze market developments, client exposures and industry trends to identify hedging opportunities and develop actionable risk management strategies.
• Prepare client presentations, quantitative analyses and market insights to support transaction origination, advisory mandates and business‑development initiatives.
• Structure, price and execute derivative transactions across foreign exchange and interest rate markets.
• Participate in client meetings, presentations and transaction execution, contributing to the delivery of tailored risk management solutions.
• Collaborate closely with Trading, Structuring, Corporate & Investment Banking and other Capital Markets partners to deliver integrated, value‑added solutions.
• Build and maintain strong relationships with internal stakeholders and external clients to support business development and transaction execution.
• Coordinate with Trading, Risk Management, Legal, Middle Office and Operations to support efficient transaction execution and effective lifecycle management.
• Develop and enhance automation tools, dashboards and workflow solutions using Excel, VBA, Python or other technologies to improve efficiency, scalability and client responsiveness.

Requirements

• Bachelor’s or master’s degree in finance, actuarial science, economics, engineering, computer science, mathematics or a related quantitative discipline.
• One to three years of relevant experience in capital markets or a related field.
• Strong quantitative, analytical and problem‑solving skills, with the ability to synthesize complex information and develop practical solutions.
• Demonstrated interest in financial markets, derivatives and corporate risk management.
• Advanced proficiency in Microsoft Excel and PowerPoint; familiarity with Bloomberg Terminal and financial‑market data analytics.
• Experience with Python, VBA, SQL, Power BI or other data analytics and automation tools is an asset.
• Progress toward a CFA, FRM, CQF, actuarial designation or other relevant professional credential is an asset.
• Proven ability to manage multiple priorities, work independently and deliver high‑quality results in a fast‑paced, deadline‑driven environment.
• Intellectual curiosity, strong attention to detail and a proactive approach to continuous learning and process improvement.

Languages: French, English

Reason to require this language: you will need to serve clients who speak a language other than French regularly.

Required skills: Active collaboration, Analytical Skills, Capital Markets, Customer Service, Data Analysis, Derivatives, Microsoft Excel, Oral Communication, Presentations, Proactivity, Problem Solving, Sales, Self‑motivation, Tenacity, Transactions

Your benefits

• 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!