What are the responsibilities and job description for the Associate Director (On-Site) position at National Bank?
Attendance On-Site Job number 24473 Category Senior Professional Status : Permanent State New York Type of Contract Permanent Country United States Schedule : Full-Time Full Time / Part Time? Full-Time Posting date 03-Feb-2025 $ 225000 Salary : starting at $ 225000 per year Location : New York, New York City New York Province / State New York Area of Interest : Financial markets and treasury
Associate Director in Securities Borrowing and Lending & Collateral Management, Global Securities Finance
The Global Securities Finance (GSF) team of National Bank of Canada (NBC) is looking for an Associate Director to assist in the pricing, trading, management, and booking of Securities Borrowing and Lending products.
Your job
- Assist with the daily management and settlement of Securities Financing trades, both flow and structured.
- Work independently and with other members of the team to develop and execute securities financing structures supporting funding and liquidity. Create reports and processes to manage those structures.
- Co-ordinate and work with various internal teams on trade, client and counterparty development.
- Co-ordinate and develop client relationships for the GSF Securities Borrowing and Lending business to support existing business and develop new revenue streams. Maintain relationships with market participants on the demand and supply side.
- Coordinate with Operation to ensure that reconciliations, buy-ins, recalls, returns are handled appropriately and efficiently.
- Responsible for managing and mitigating operational risks in the day-to-day operation.
- Correspond with legal confirmation teams to ensure accuracy of the trade details in legal documentation with the agreed details with the counterparty.
- Coordinate with the risk department to manage and mitigate credit risk.
- Support achievement of the Bank's vision, values, goals and culture in personal behavior, actions and decision making.
Your team
GSF is an integrated business model connecting Securities Financing, Repo and Delta-one products in one team. Working closely with Treasury of NBC, GSF looks to optimize the bank’s position with regards to use and availability of equity and fixed income collateral. To achieve it intended goals, GSF has members in Toronto, Montreal, New York, London, and Hong Kong.
In your role, you will report directly to the Managing Director – Global Securities Finance for Securities Borrowing and Lending in New York.
Prerequisites
Languages : English The amounts indicated in this job offer are in U.S. dollars. 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.
These are a few of the benefits available to you. 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 actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged. We're putting people first 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 peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees.We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team? Come live your ambitions with us!
Une carrière en tant que ConseillerAs a Senior Legal Advisor in the Legal
Salary : $225,000
