Requisition ID: 214986
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Analyst or Associate, FX Sales, Global Foreign Exchange – Calgary, AB

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

Contributes to the overall success of the FX Sales Group in Calgary ensuring specific individual goals, plans, and initiatives are executed in support of the team's business strategies and objectives. Promotes a profitable trading and marketing business as well as further develop existing client relationships in order to achieve sustainable revenue growth while ensuring compliance with governing regulations, internal policies and procedures.

What You'll Do:

• Champion leading and driving a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Identify and develops business opportunities with clients, cross-selling existing relationships across other areas and product groups.
• Evaluate and analyze the hedging needs of Commercial and Corporate clients, including understanding the fundamental risk management priorities and product needs.
• Provides support functionality to the broader sales desk, including process improvement on functional tasks.
• Collect and prepare marketing material, pitchbooks and coordinating client events. Undertake other supporting functions as required.
• Analyze available client information and historical transactional data to identify opportunities
• Support the local DPG sales efforts as needed
• Production of adequate market color and trade ideas, in addition to creating linkages between our client base and the trading desk.
• Actively gain an understanding of FX markets through desk activities and client interactions, including in-person meetings
• Direct day-to-day activities in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits.
• Create an environment in which the team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principle, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champion a high performance environment and contributes to an inclusive work environment.

What You'll Bring:

• Undergraduate degree
• Understanding of FX market functioning and liquidity with some product knowledge
• Exceptional IT capabilities, specifically with Excel and PowerPoint
• Excellent customer relationship skills
• Understanding of the FX Global Code and policies specific to markets where we trade FX

Work Arrangement:

This position is currently an onsite role, with the expectation that you will work five days a week in the office. Please note that this is subject to change based on the needs of the business.

#LI-Onsite #GMC2025

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): Canada : Alberta : Calgary
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.