Trader, "repo" (Montreal)

Trader, "repo" (Montreal)

09 Aug
|
Laurentian Bank
|
Montreal

09 Aug

Laurentian Bank

Montreal

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada - primarily in Québec and Ontario - as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

This position is within Laurentian Bank Securities, a subsidiary of Laurentian Bank of Canada.

The incumbent is responsible for negotiating and managing repurchase agreement transactions (Repos and Reverse Repos) to ensure the efficient financing of fixed-income securities inventories and the optimization of the organization's liquidity. In this role, the individual works closely with the Fixed Income Trading, Treasury, Risk Management, and Operations teams to ensure effective management of positions, collateral, and funding requirements. The incumbent also contributes to identifying opportunities to enhance the profitability of financing and securities lending activities.

Responsibilities

- Negotiate and execute repo and reverse repo transactions to optimize funding, liquidity, and balance sheet utilization.




- Maintain solid relationships with counterparties as well as with Middle Office, Back Office, Treasury, and Risk Management teams to ensure operational efficiency.
- Continuously monitor liquidity, funding, leverage, and risk limits while ensuring compliance with internal policies and regulatory requirements.
- Monitor inventories, collateral, and counterparty exposures to protect capital and optimize desk profitability.
- Ensure rigorous transaction monitoring and contribute to the timely resolution of discrepancies and operational issues.
- Actively participate in strategic projects, committees, and continuous improvement initiatives related to liquidity management, balance sheet optimization, regulatory compliance, and operational efficiency.
- Maintain up-to-date knowledge of financial markets, funding practices, and regulatory requirements.

Qualifications

- Bachelor's degree in mathematics, Finance, Statistics, Engineering, Computer Science, or a related field.
- Master's degree completed or in progress: an asset.
- Three (3) years of experience in the brokerage industry.
- CFA designation: an asset.
- The following Canadian Securities

📌 Trader, "repo" (Montreal)
🏢 Laurentian Bank
📍 Montreal

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