Intern, Fixed Income

Welcome to the world of Banking, where opportunities abound. Get ready for a high-energy journey filled with financial thrills. In banking every day is a new adventure, where you will navigate the currents of the economy, ride the waves of innovation, and scale the peaks of success. So, fasten your seatbelt, because in this dynamic industry, the sky is the limit for your career aspirations.

Seeing beyond numbersTM

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank Securities.

The Laurentian Bank Securities (LBS) Institutional Fixed Income team is responsible for facilitating and issuing transactions in Canadian fixed income securities: government bonds, provincial bonds, corporate bonds and mortgage pools. Its activities cover large institutional asset managers, pension funds, as well as bank bonds and insurance, and contribute to Laurentian Bank's development through short- and long-term receivables.

The intern will work closely with the sales and trading team on research projects that will help our team facilitate customer transactions and identify deal opportunities. This period of work will enable the student to gain excellent experience of the Canadian fixed income market: market making, how different types of clients make decisions, how economic data and issues move markets, how governments and corporations issue debt, and much more.

Responsibilities

• Create analytical tools such as constant maturity curves and option pricing models.
• Research links between asset classes and transaction dynamics in different plans.
• Maintain issue tables and transaction notes.
• Maintain transaction notes and customer intentions.
• Analyze economic data and create tools to monitor trends.
• Create diagrams (interest rate curves, swaps, spreads).
  
  

Qualifications

• Undergraduate studies in a relevant bachelor's or graduate studies
• Intellectual curiosity, determination and initiative
• Ability to analyze complex problems rigorously and break them down into manageable components
• Strong writing and communication skills
• Strong attention to detail
• Knowledge of fixed-income securities and mathematical or programming skills an asset
• Proficiency in MS Excel/VBA
• Experience with Bloomberg desirable, an asset
  
  

What We Have To Offer

• Meaningful, paid work experience and professional skills development
• Gaining insights into the business sectors which align with your career goals
• Customized development program
• Networking and opportunities for full time work upon graduation
• Flexible & hybrid work environment to accommodate different needs
• Sense of Belongingness and a Diverse & Inclusive Culture
  
  

Open to students pursuing diploma, undergraduate, or post-graduate degrees.

Offers opportunities across diverse business lines such as finance, accounting, risk management, marketing and more!

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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