We are seeking a highly motivated Associate or Associate Director to join our Equity Delta One trading team, with a focus on equity swaps. The successful candidate will play a key role in pricing, execution, and risk management of equity swap transactions, while working closely with other traders in Synthetic Finance and Equity Repo. This role requires strong attention to detail, sound judgment, and the ability to build effective working relationships across teams. Looking for someone passionate about Capital Markets and who has an entrepreneurial mindset.

Your Job

Price and execute equity swap transactions across a range of underlying markets and client structures

Monitor and manage risk exposures, ensuring adherence to internal limits and regulatory requirements

Maintain and reconcile trade bookings, ensuring accuracy and completeness of all transactions

Collaborate with other traders to provide market color, trade ideas, and client solutions

Work closely with structuring, risk, operations, and technology teams to support product development and process improvements

Analyze market trends, funding conditions, and dividend forecasts to inform trading decisions

Ensure timely resolution of trade breaks, discrepancies, and operational issues

Contribute to ongoing enhancement of trading tools, models, and infrastructure

Your Team The team operates in a high‑performance, collaborative environment where integrity is essential. It offers exposure to global markets and institutional clients, competitive compensation with performance‑based incentives,



and strong opportunities for learning and career growth within a leading trading platform.

Basic Requirements

Bachelor’s degree required and Advanced Degree preferred. Preference for candidates from Engineering, Finance, Computer Science, or Mathematics, but not required.

Relevant experience in Equity Derivatives

Strong understanding of equity markets, financing, and derivative instruments

Exceptional attention to detail and precision, high level of accuracy in trade execution and booking

Strong interpersonal and communication skills, with the ability to collaborate effectively across teams and interact with clients

Analytical mindset with solid quantitative and problem‑solving abilities

Ability to perform and manage multiple priorities in a quick‑paced, high‑pressure trading environment

Proactive self‑starter with strong ownership mentality

Excel (VBA), Python and SQL experience required

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

Languages

English

Required Skills

Agility

Analytical thinking

Collaboration

Currency Swap

Derivatives

Entrepreneurship

Equity Capital Markets

Equity Derivatives

Initiative

Integrity

Interpersonal Communication

Market Risk

Pricing

Problem Solving

Quantitative Analysis

Trading

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📌 Associate or Associate Director Trader (Toronto)
🏢 National Bank of Canada
📍 Toronto