Bank Trader - En

Seeing beyond numbers.TM

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The incumbent contributes actively to business development for the Bank's foreign exchange desk. He/she performs foreign exchange transactions through the branch network, manages a portfolio of commercial clients, and identifies, explores, develops, and closes sales with new clients.

#Hybrid

Responsibilities

• Participate in various events of the financial services industry and Laurentian Bank
• Target the needs of clients and prospects, anticipate how their situations may evolve, and recommend strategies adapted to their needs
• Analyze and identify corporate foreign exchange risk
• Track industry trends and changes in legislation to ensure that current practices are up to date
• Execute clients' foreign currency transactions (Spot, forwards, and options)
• Ensure the Bank's visibility by representing the organization and promoting the Bank's image, in addition to developing and maintaining business relationships with current and potential clients and influential people
• Implement a direct solicitation approach for prospects/stakeholders/clients
• Contribute to the development of new markets through potential clients
• Protect Laurentian Bank's interests by applying sound risk management and enforcing Laurentian Bank's compliance measures and policies
• Design a business development plan to build a network of clients and prospects via the following activities:
• Develop and implement hedging strategies adapted to the risk identified

Qualifications

• Experience in business development, preferably as a foreign exchange broker
• Excellent sales skills
• Graduate degree (Finance, Economics, or related field)
• CFA designation an asset
• Two (2) to three (3) years of experience and more in a similar position
• Knowledge of financial markets, macroeconomic variables, and derivatives
• Required Qualification - Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages

Equity, Diversity & Inclusion

We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.

Accessibility

Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.