On-Site

Job number

36365

Category

Senior Professional

Status:

Permanent

Schedule:

Full-Time

26-Oct-2026

Area(s) of interest:

Capital Markets and treasury

Location(s):

Toronto

The Risk Management Solutions Group (“RMSG”) at National Bank of Canada Capital Markets is seeking an Associate Director to help expand our Foreign Exchange risk management franchise in Ontario. This is a client facing origination and relationship management role focused on deepening relationships with existing commercial and mid market clients, while partnering with our Commercial Banking, National Accounts and Specialized Banking teams to identify and convert new opportunities as National Bank’s Ontario business continues to grow.

Based on the NBCM trading floor in Toronto, you will work alongside experienced derivatives originators and trading professionals to advise clients on their foreign exchange exposures, develop practical hedging strategies and progressively assume ownership of a defined client portfolio.

The role is suited to someone who combines strong client and business development instincts with sound judgement and technical capability. You should be comfortable building relationships with clients and internal banking partners, developing opportunities from the earliest stage and following them through to execution.

Your Job Reporting to the Managing Director and Head of Risk Management Solutions, you will be responsible for originating, structuring, and executing Foreign Exchange risk management solutions for commercial and mid-market clients, while contributing to the continued growth of the Ontario franchise.

Your main responsibilities will include:

Partner closely with Commercial Banking,



National Accounts and Specialized Banking relationship teams to identify Foreign Exchange exposures, develop recent opportunities and deepen National Bank’s existing client relationships

Develop, grow and manage a portfolio of existing and prospective commercial, mid-market and entrepreneurial clients across multiple industries

Advise CFOs, finance leaders and business owners on operational, financing, acquisition and balance sheet FX exposures

Structure and propose customized OTC Foreign Exchange solutions tailored to clients’ exposures, cash flows, strategic priorities, and risk management objectives

Maintain an active pipeline of existing client and new business opportunities and contribute to the growth of the Ontario FX franchise

Prepare client presentations, market commentary, exposure analyses and other data driven materials

Conduct client, industry and market analysis to support opportunity identification and recommendations

Coordinate with trading, credit, legal, onboarding and documentation teams from opportunity identification through execution

Price and execute FX derivative transactions in collaboration with the trading desk

Success in this role will be measured by the ability to deepen existing client relationships, generate opportunities in partnership with National Bank of Canada’s relationship teams,



convert opportunities into transactions and progressively expand ownership of client coverage and origination activity. As the portfolio grows, the successful candidate will assume greater autonomy and responsibility within the FX franchise.

Your team The Risk Management Solutions Group is responsible for developing and originating financial derivative transactions and structured solutions for National Bank of Canada’s existing and prospective clients. RMSG works closely with our Commercial Banking, National Accounts and Specialized Banking teams. Our product scope is cross-asset and includes derivatives on interest rates, foreign exchange, equities, and commodities. Our mandate also includes developing new structures to address evolving client needs.

As National Bank of Canada’s commercial business continues to expand in Ontario, RMSG is investing in additional client coverage and origination capacity to support existing relationships and capture new opportunities.

Requirements

Undergraduate degree in finance, economics, business, mathematics, engineering or another relevant field. A graduate degree, CFA designation or other relevant professional qualification is an asset

Minimum of 3 years of relevant client facing experience in FX sales, derivatives origination, treasury risk management, capital markets or commercial/corporate banking

Demonstrated experience developing client relationships, originating business and converting opportunities into transactions

Strong understanding of Foreign Exchange markets, corporate FX exposures and commonly used hedging products, with the ability to translate technical concept

📌 Associate Director, FX Risk Management Solutions (Winnipeg)
🏢 Banque Nationale du Canada
📍 Winnipeg