Associate Director or Director

National Bank of Canada; Montreal; On-site; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Health and wellness program

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

Job summary

National Bank of Canada in Montreal seeks an Associate Director/Director to drive the assessment and integration of new securities trading and financing products. You’ll influence operating models, risk frameworks and end‑to‑end requirements, collaborating across Operations, Technology, Risk, Legal, Finance and Treasury.

You’ll lead cross‑functional initiatives, balance business goals with regulatory demands, and mentor teams while delivering scalable, long‑term capital markets solutions.

Qualifications

• Bachelor’s or master’s degree in a related field with 7–10 years of relevant experience in Capital Markets.
• Strong understanding of securities trading and financing products (equities, fixed income, repos, securities lending, ETFs, structured products).
• In‑depth knowledge of front‑to‑back processes including trading, clearing, settlement, custody, collateral management, and reconciliations.
• Understanding of market infrastructures (clearing houses, custodians, central securities depositories, triparty agents, payment systems).
• Extensive experience leading large‑scale, cross‑functional transformational initiatives in complex capital markets environments.
• Strong analytical and organizational skills with the ability to manage multiple priorities.
• Excellent communication and stakeholder management skills.

Responsibilities

• Lead the assessment and integration of new securities trading and financing products and activities, including end-to-end operational, regulatory, and risk requirements.
• Develop understanding of trading structures, financing transactions, and business objectives to challenge assumptions and influence decisions.
• Contribute to definition of target-state operating models and provide strategic recommendations for scalable growth.
• Balance business objectives with risk and regulatory requirements while aligning partners on strategic direction.
• Drive alignment across Operations, Technology, Risk, Legal, Finance, Treasury and others.
• Establish and maintain governance, controls, implementation plans, and deployment strategies while escalating material concerns.

Skills

Accountability

Capital Markets

Client-focused

Communication

Driving Results

Leadership

Learning Agility

Influencing

Product Knowledge

Teamwork

Education

Bachelor’s or master’s degree in a related field

Job description

A career as an Associate Director or Director, Business Integrator on the New Products and Activities team at National Bank of Canada Capital Markets means acting as a strategic partner in delivering new products and business initiatives. In this role, you leverage your expertise in securities trading and financing to lead the assessment and integration of complex, high-impact initiatives by influencing key operating model design decisions, risk frameworks and integration strategies. This job allows you to have a direct impact on the organization by enabling business growth while ensuring strong operational, regulatory, and risk frameworks.

Your Job

• Lead the assessment and integration of new securities trading and financing products and activities, including contributing to the definition of end-to-end operational, regulatory, and risk requirements.
• Develop a strong understanding of trading structures, financing transactions, and business objectives to challenge assumptions, ensure robustness of solutions and influence decision-making.
• Contribute to the definition of target-state operating models and provide strategic recommendations that support scalable and sustainable growth.
• Apply an enterprise-wide lens to balance business objectives, operational efficiency, risk management, and regulatory requirements, while influencing partners and stakeholders to align on strategic direction and to deliver scalable, long-term solutions.
• Drive alignment and collaboration across end-to-end key stakeholders; Operations, Technology, Risk, Legal, Finance, Treasury, and other.
• Establish and maintain robust governance, controls, implementation plans, and deployment strategies while proactively identifying and resolving risks and issues while escalating material concerns to senior stakeholders and governance committees.

Your Team

This position reports to the Managing Director responsible for transformation and evolution initiatives in the New Products and Activities team within the Capital Markets sector. Our team consists of around 45 highly experienced, talented, and dedicated individuals and stands out for its strong collaboration, agility, and deep understanding of capital markets activities and operating models.

You will work closely with trading, risk management, and functional experts across the organization, gaining end-to-end exposure to products, processes, and business strategies. We foster a dynamic environment where learning, innovation, and knowledge sharing are encouraged.

Our training approach is based on hands‑on experience and exposure to complex initiatives. You will benefit from continuous learning opportunities, access to subject matter experts, and the chance to develop a broad perspective on capital markets. Career growth opportunities include expanding into leadership roles or deepening expertise across asset classes, products, and transformation initiatives.

Basic Requirements

• Bachelor’s or master’s degree in a related field with 7–10 years of relevant experience in Capital Markets
• Strong understanding of securities trading and financing products (equities, fixed income, repos, securities lending, ETFs, structured products)
• In‑depth knowledge of front‑to‑back processes including trading, clearing, settlement, custody, collateral management, and reconciliations
• Understanding of market infrastructures (clearing houses, custodians, central securities depositories, triparty agents, payment systems)
• Extensive experience leading large‑scale, cross‑functional transformational initiatives in complex capital markets environments.
• Strong analytical and organizational skills with the ability to manage multiple priorities
• Excellent communication and stakeholder management skills

For the Toronto location only, proficiency in English is required. French is considered an asset, but it is not mandatory.

Languages: French, English

Reason to require this language: you will need to work closely with our colleagues outside Quebec.

Required skills: Accountability, Capital Markets, Client-focused, Communication, Driving Results, Emotional Intelligence, Empathy, Humility, Influencing, Initiative, Leadership, Learning Agility, Product Knowledge, 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!