Company Description Bank of China (Canada) (BOCC) is a wholly owned subsidiary of Bank of China Limited and has operated as a Schedule II bank in Canada since 1993. Headquartered in Toronto, BOCC is an active member of key Canadian financial and business associations, including the Canadian Bankers Association, the Canadian Payments Association, CDIC, and the Canada China Business Council. The bank focuses on supporting China-Canada trade, investment, and cultural exchange by offering a broad range of services to local clients and China-invested enterprises. Its offerings include corporate lending, trade finance, commercial mortgages, foreign exchange, personal banking, and online banking, with Renminbi (RMB) services as a core specialty. BOCC leverages the global network and diversified platforms of Bank of China to deliver high-quality, client-focused financial solutions in Canada.
Role Description The Derivatives Specialist is a full-time, on-site role based in Toronto, ON. This position is responsible for structuring, pricing, and executing derivative transactions, with a focus on swaps and other interest rate or foreign exchange products that support corporate and institutional clients. Day-to-day activities include monitoring market conditions, performing quantitative and qualitative analysis, preparing term sheets and trade documentation, and collaborating with front office, risk management, and operations teams to ensure accurate execution and settlement. The Derivatives Specialist will analyze client needs, propose hedging strategies, and contribute to product development and enhancement while complying with internal policies and regulatory requirements. The role also involves preparing reports, supporting risk assessments, and providing insight on market trends to inform trading and client advisory decisions.
Qualifications
- Strong derivatives product knowledge, including experience with swaps and related structures.
- Robust analytical skills and the ability to interpret complex market data and risk metrics.
- Background in trading or dealing environments, with understanding of execution processes and controls.
- Solid foundation in finance and quantitative finance, including pricing models and valuation techniques.
- Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related quantitative discipline; advanced degree or professional designation (e.g., CFA, FRM) is an asset.
- Familiarity with Canadian and international financial markets, regulatory frameworks, and risk management practices.
- Proficiency with Excel and financial modeling tools; experience with pricing systems or programming (e.g., VBA, Python) is beneficial.
- Clear written and verbal communication skills, with the ability to explain complex concepts to diverse stakeholders.
- Detail-oriented, organized, and able to manage multiple transactions and deadlines in a fast-paced environment.
- Commitment to ethical conduct, regulatory compliance, and collaborative work within a multicultural team.
