Senior Analyst Middle Office

Banque Nationale du Canada; Montreal; On-site; CAD 85,000 - 120,000; Full time

Benefits offered by this job

Health and wellness program

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Community involvement

Virtual sleep clinic

Job summary

Banque Nationale du Canada is seeking a Senior Analyst in Middle Office for Capital Markets and Treasury Risk Management to specialize in Market Risk. You will leverage your knowledge of P&L, Greeks, and VaR to support risk measurement and reporting in a dynamic team environment.

The role involves running daily risk and P&L processes, validating risk calculations, and collaborating across Front Office, IT, and Governance. AWS migration projects and advanced Excel/SQL skills are valued assets.

Qualifications

• Master’s in finances or any quantitative field or relevant experience.
• 1-3 years of relevant experience with highly technical requirements would be a strong asset.
• Excellent knowledge of Financial Markets, Derivatives and evaluation method would be desired.
• Successful completion or in the process of receiving the CFA, FRM, PRM, ERP designation, is considered an asset.
• Demonstrated leadership and teamwork capabilities.
• Mastering of Microsoft Office (Excel et Access).
• Programming skill - VBA,Python, SQL would be beneficial.

Responsibilities

• Run the daily production and analysis of Risk, Compliance, and P&L report
• Support ongoing investigations and validations link to the different risk measures (VaR, stressed VaR, stress-testing, back-testing, greeks, P&L)
• Evaluate and do the follow up on compliance limits and risk covering of a wide range of assets class and portfolios including equity, derivatives, fixed income, commodities and FX
• Develop IT process and participate in process migration to AWS
• Collaborate with various sectors of the Bank: Front Office, Risk Oversight, Operations, IT, Model Development, Governance, Credit, Accounting, Audit

Skills

Market risk

Derivatives

P&L

Python

SQL

Excel

Leadership

Education

Master's in finance or quantitative field

Tools

Excel

Access

VBA

Python

SQL

Job description

Area(s) of interest: Capital Markets and treasury, Finance and accounting, Risk management

Location(s): Montreal

As a Senior Analyst in Middle Office in Capital Markets and Treasury Risk Management teamat National Bank, you’ll be a specialist in Market Risk. With your rigor, resourcefulness, and innovation, your experience of financial markets and your knowledge of market risk measurement calculations (P&L, Greeks, VAR), you’ll have a positive impact on the bank risk management.

Your role:

• Run the daily production and analysis of Risk, Compliance, and P&L report
• Support ongoing investigations and validations link to the different risk measures (VaR, stressed VaR, stress-testing, back-testing, greeks, P&L)
• Evaluate and do the follow up on compliance limits and risk covering of a wide range of assets class and portfolios including equity, derivatives, fixed income, commodities and FX
• Develop IT process and participate in process migration to AWS
• Collaborate with various sectors of the Bank: Front Office, Risk Oversight, Operations, IT, Model Development, Governance, Credit, Accounting, Audit

Your team:

As part of the Middle Office, you’ll be on a team of 40 colleagues and you’ll report to the Manager - Middle Office. Our team stands out for its collaboration, its expertise and mainly for the talent development.

We offer a wide range of ongoing learning opportunities for your development, including hands‑on learning, training courses and collaborating with colleagues who have varied expertise and profiles.

Prerequisites:

• Successfully completed Master’s in finances or any quantitative field or relevant experience
• 1-3 years of relevant experience with highly technical requirements would be a strong asset
• Excellent knowledge of Financial Markets, Derivatives and evaluation method would be desired
• Successful completion or in the process of receiving the CFA, FRM, PRM, ERP designation, is considered an asset
• Demonstrated leadership and teamwork capabilities
• Mastering of Microsoft Office (Excel et Access)
• Programming skill - VBA,Python, SQL would be beneficial

Languages:

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

Skills

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Artificial Intelligence Diversity & Inclusion Equity Capital Markets Financial Markets Market Risk Python Teamwork Cybersecurity Empathy Initiative Learning Agility Resiliency Market Risk Management Risk Analytics

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
• Employee Share Ownership Plan
• Employee and family assistance program
• Preferential banking services
• Involvement in community initiatives
• 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?

Why work at National Bank?

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on‑the‑job learning and training, co‑development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?