FX Sales & Trading

January 14, 2022

Job Description

There When It Matters for 175 YearsThis year, we are proud to celebrate our 175th anniversary. Since our founding in Quebec in 1846, we've been committed to improving the financial health of all of our clients. We are driven by the opportunity to help families thrive, communities grow and businesses succeed. As our roots have grown stronger than ever before, we are ready to lead the way for the next 175 years.Laurentian Bank Financial Group (LBCFG) is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the "Group" or the "Bank"). With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.This role sits within Laurentian Bank, a subsidiary of Laurentian Bank Financial Group.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.

Responsibilities

ºExecute clients' foreign currency transactions (Spot, forwards, and options).ºAnalyze and identify corporate foreign exchange risk.ºDevelop and implement hedging strategies adapted to the risk identified.ºDesign a business development plan to build a network of clients and prospects via the following activities:ºImplement a direct solicitation approach for prospects/stakeholders/clients.ºContribute to the development of new markets through potential clients.ºParticipate in various events of the financial services industry and Laurentian Bank.ºTarget the needs of clients and prospects, anticipate how their situations may evolve, and recommend strategies adapted to their needs.ºEnsure 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.ºTrack industry trends and changes in legislation to ensure that current practices are up to date.ºProtect Laurentian Bank's interests by applying sound risk management and enforcing Laurentian Bank's compliance measures and policies.

Qualifications

ºGraduate degree (finance, economics, or related field) with at least eight years of experience in a similar positionºCFA designation an assetºExperience in business development, preferably as a foreign exchange brokerºKnowledge of financial markets, macroeconomic variables, and derivativesºExcellent sales skillsºExcellent spoken and written communication skills in English and French

Additional Information

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.

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