Negotiator, "repo"

Founded in Montreal in 1846, Banque Laurentienne is committed to serving its clients and maintaining close relationships with specialized groups. Banque Laurentienne operates throughout Canada, primarily in Quebec and Ontario, as well as in the United States. It seizes business opportunities where it has a competitive advantage, leveraging the strength of partnerships and collaboration.

This position is to be filled within Valeurs Mobilières Banque Laurentienne, a subsidiary of Banque Laurentienne du Canada.

The incumbent is responsible for negotiating and managing repo and reverse repo operations to ensure effective financing of fixed-income securities inventories and the optimization of the organization's liquidity. In the course of their duties, the person collaborates closely with fixed-income securities trading, treasury, risk management, and operations teams to ensure effective management of positions, collateral, and financing needs. They also contribute to identifying opportunities to improve the profitability of financing and securities lending activities.

Responsibilities

• Negotiates and executes repo and reverse repo operations to optimize financing, liquidity, and balance sheet utilization.
• Maintains close relationships with counterparties as well as with middle-office, back-office, treasury, and risk management teams to ensure operational efficiency.
• Constantly monitors liquidity, financing, leverage, and risk limits while ensuring compliance with internal and regulatory policies.
• Monitors inventories, collateral, and counterparty exposures to protect capital and optimize desk profitability.
• Ensures rigorous tracking of transactions and contributes to the rapid resolution of operational discrepancies or issues.
• Actively participates in strategic projects, committees, and continuous improvement initiatives related to liquidity, balance sheet, regulation, and operational efficiency.
• Keeps up-to-date with market knowledge, financing practices, and regulatory requirements.

Qualifications

• Bachelor's degree in mathematics, finance, statistics, engineering, computer science, or related field.
• Completed or in progress master's degree: an asset.
• Three (3) years of experience at the trading level.
• CFA: an asset.
• The following courses from the Canadian Securities Institute (CSI) are required:
• Canadian Investment Regulatory Exam (CIRE) + Canadian Securities Regulation Exam (ERVMC)

Institutional Securities Exam + Institutional Securities Exam.

• Strong applied mathematics and complex problem-solving skills.
• Ability to analyze data and develop quantitative models.
• Excellent programming skills.
• Proficiency in French and English.
• Professional proficiency in French and English is required as the position requires frequent written and oral communications on complex issues with internal and external parties in both languages.
• What Banque Laurentienne Offers

Banque Laurentienne is committed to applying fair and equitable compensation practices. The indicated base salary range reflects the standard salary scale of the Bank. The final base salary will be determined based on the candidate's qualifications, skills, and experience, and may be supplemented by performance-based bonuses, pension contributions, and benefits.

The total compensation offered by Banque Laurentienne encompasses a comprehensive range of social and financial benefits, highlighting our commitment to the well-being and success of our employees.

Here are some highlights of our offer:

• The annual base salary offered will take into account internal equity, skills, experience, and other factors.
• Total Compensation: Benefit from a comprehensive regime including annual reviews and performance-based bonuses, ensuring fair recognition of your contribution.
• Work Mode: We favor a hybrid work mode based on business needs.
• Employee Share Purchase Plan: You are more than an employee; you have the opportunity to become a shareholder of Banque Laurentienne. The employer's participation allows you to further increase your investment.
• Leave: In addition to paid holidays, we offer mobile leave and other leave options to meet the diverse needs of our employees. Furthermore, as an additional benefit, you also receive a paid day off to celebrate your birthday.
• Health and Well-being: Access health professionals, the Employee Assistance Program and Family (PAEF), telemedicine, as well as a stress and well-being management program to take care of your physical and mental health.
• Group Insurance: We offer a competitive insurance regime based on your needs and those of your family.
• Financial Benefits: As an employee of Banque Laurentienne, you become a great ambassador of our products and services at the same time. Enjoy employee-only offers on a wide range of products. Enjoy exclusive offers and preferential rates on products and services such as insurance, hotels, train tickets, spas, and more.

We are committed to creating an enriching professional environment where your skills are valued and your well-being is a priority. Join us for a rewarding career at Banque Laurentienne.

Inclusion and Accessibility

At Banque Laurentienne, we believe that everyone has a place. We are committed to fostering an inclusive work environment that reflects the diversity of our clients and communities and where everyone has a voice and a chance to grow and prosper. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous peoples, visible minorities, people with disabilities, marginalized groups based on gender, and the 2ELGBTQIA+ community.

We strive to offer a flexible and accessible work experience to all. If you need an accommodation measure, please let us know.

LPRDE

We may collect, use, or disclose your personal information for the purpose of establishing an employment relationship with you.

We also use artificial intelligence (AI) tools at certain stages of our recruitment process to make fair and efficient hiring decisions.