Senior Analyst Middle Office

National Bank of Canada; Montreal; On-site; CAD 90,000 - 120,000; 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 is seeking a Senior Analyst in Middle Office within Capital Markets and Treasury Risk Management to be a market risk specialist. You will run daily risk reporting, support validations for VaR, P&L, Greeks, and back-testing, and collaborate across Front Office, Risk Oversight, IT, and Governance.

You will bring a Master’s in finance or quantitative field, 1–3 years of relevant experience, and knowledge of market risk measurement.

Qualifications

• Master’s in finances or quantitative field.
• 1-3 years of relevant experience with highly technical requirements.
• Familiarity with market risk measurement (VaR, P&L, Greeks) is valued.
• CFA/FRM/PRM/ERP designations are assets.
• Proficiency in Excel/Access; programming skills (VBA, Python, SQL) beneficial.

Responsibilities

• Run the daily production and analysis of Risk, Compliance, and P&L reports.
• Support investigations and validations for VaR, stressed VaR, stress-testing, back-testing, Greeks, and P&L.
• Evaluate compliance limits and risk across assets classes including equity, derivatives, fixed income, commodities and FX.
• Develop IT processes and participate in migration to AWS.
• Collaborate with Front Office, Risk Oversight, Operations, IT, Model Development, Governance, Credit, Accounting, and Audit.

Skills

Market Risk

Market Risk Management

Python

Excel

Access

SQL

Teamwork

Initiative

Learning Agility

Financial Markets

Derivatives

Education

Master’s in Finance or quantitative field

Tools

Excel

Access

VBA

Python

SQL

Job description

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: French, English

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

Required skills:

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

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?