Trader Associate

at  Bank of Canada

YOUR EDUCATION AND EXPERIENCE

The position requires a bachelor’s degree in finance or economics, 2 years of relevant experience in a financial firm or an equivalent combination of education and experience may be considered.

WHAT YOU NEED TO KNOW

• Language requirement: English or French essential
• Priority will be given to Canadian citizens and permanent residents
• Security level required: Be eligible to obtain Secret
• Relocation assistance may be provided, if required
• Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.

TAKE A CENTRAL ROLE

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.
Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.
With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada’s top employers: Working Here - Bank of Canada
Find out more about the next steps in our Recruitment process.

WHAT YOU WILL DO

The EFA is the largest component of Canada’s official international reserves. It consists primarily of liquid foreign currency assets (fixed income securities and deposits) which are funded by Government of Canada foreign currency liabilities. The Foreign Reserves Management (FRM) team leads trading and management of the EFA assets and foreign currency liabilities in accordance with formal investment guidelines established by the Department of Finance and the Bank of Canada.

The FRM team is seeking a Trader Associate to support the team in executing on the Annual Funding and Investment Plan through transacting in money market assets, bonds, and cross-currency interest rate swaps. As a Trader Associate, you will provide analytic, technical and operational support:

• Create and interpret trading and portfolio reports
• Analyze operations and financial market data, often using scripts
• Develop, enhance and maintain trading tools-based data visualisation platforms (e.g. Tableau)
• Test systems, detail procedures and find opportunities for improvement
• Help run market operations and reporting on market activity
• Contribute to maintaining operational risk within best standards
• Coordinate with middle and back offices in the validation and monitoring of trade settlements
• Manage and coordinate ad-hoc requests from trading/portfolio managers and policy/data teams

The candidate will work a compliment of both onsite (Calgary) and from home. Please note that the ability to work onsite is a requirement due to the position being part of the Bank’s Critical Operations.