About this opportunity
National Bank of Canada lists this Associate/Associate Director opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Overview
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.
You will be part of a team of traders in the Global Securities Finance team, and you will report to the head of Delta One Trading. Our team stands out for its entrepreneurial spirit, technical innovation, and collaborative culture.
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
Qualifications
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
Compensation
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. The amounts indicated in this job offer are in U.S. dollars.
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
We’re putting people first. We’re a bank on a human scale with a culture of courage, entrepreneurship, partnership, agility, and empowerment. We offer a barrier-free workplace that is accessible to all employees. If you require accommodation, please let us know during your first conversations with us. We welcome all candidates.
#J-18808-Ljbffr
Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.