National Bank of Canada
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A career as an Associate/Associate Director on the Global Securities Finance team at National Bank means contributing to a fast‑paced, entrepreneurial trading desk focused on hard‑to‑borrow reverse conversions and other delta one strategies. In this role, you can leverage your technical skills, trading experience, and process‑building mindset to make a meaningful impact on the organization.
Responsibilities
- Support trading activity in hard‑to‑borrow reverse conversions and other Delta one strategies
- Monitor and analyze special situations—including tenders, spinoffs, bankruptcies, and corporate actions—and assess their impact on the securities lending market
- Analyze borrow availability, rates, and utilization across equities to identify trading opportunities and inefficiencies in the securities lending market
- Build and maintain tools to automate and optimize trading workflows using Python, SQL, and VBA
- Collaborate with senior traders to identify inefficiencies and develop trading strategies
- Assist in trade booking, reconciliation, and risk monitoring
- Stay current on market developments and contribute to idea generation
Prerequisites
- Bachelor’s degree and 2–7 years of trading experience, preferably in delta one, equity finance, or related areas
- Intermediate understanding of Equity Options and trading
- Strong programming skills in Python, SQL, and VBA
- Experience working with Bloomberg Terminal and Bloomberg APIs via Python and SQL preferred
- Comfortable manipulating large datasets to identify trading opportunities and inefficiencies
- Familiarity with special situations and corporate actions is preferred
- Excellent analytical and problem‑solving skills
- Ability to thrive in a fast‑paced, dynamic environment
- Entrepreneurial mindset with a bias toward action and continuous improvement
In compliance with all states and cities that require transparency of pay, annual base salary range for this position is: $150,000 – $225,000.
This position is eligible for variable compensation also.
Benefits
- Medical, dental, vision insurance
- 401(k) retirement plan participation with employer matching contribution
- Flexible spending accounts for healthcare and dependent care
- Employee and Family Assistance Program
- Flexible PTO and company paid holidays
- Tuition reimbursement
- Paid parental leave
- Wellness fund
- Short and Long Term Disability
- Basic and Buy‑Up Life Insurance
- And more.