Application Deadline:

02/20/2025

Address:

151 W 42nd Street

Job Family Group:

Capital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

This role offers a unique opportunity to engage with multiple aspects of a rapidly growing multi-billion portfolio —spanning trading, client analytics, balance sheet metrics, and optimization—through a technical and strategic lens on the US Delta One Trading Desk. The ideal candidate will have experience trading listed or OTC products in equities or fixed income, with a strong preference for those who possess both trading expertise and basic quantitative skills. However, candidates with deep experience in one area will also be considered.

This position involves close collaboration with Global Prime Finance teams across New York, Toronto, London, and Dublin, fostering cross-regional synergy and efficiency. The role combines day-to-day trading and risk management responsibilities with independent, open-ended projects designed to support the business’s growth and optimization initiatives.

Job Responsibilities:

• Leverage quantitative and analytical skills to develop models and tools that identify new trading opportunities, assess risk, measure costs/trade impact, and evaluate trade performance.

• Analyze market trends and structure to uncover new insights and trading signals.

• Share trading and financing responsibilities to generate revenue and manage risk for various desk strategies.

• Price and assess the risk/reward of transactions in line with BMO’s balance sheet optimization objectives.

• Running daily trade and risk reports and researching P&L and Risk Issues with our Quant Team to correct errors or provide clarity.

Preferred Background & Skillset:

• Hands-on trading experience in equities or fixed income, with exposure to listed and OTC products. Background in index and ETF products is strongly preferred, with experience in leveraged ETFs, index futures and total return swaps being a plus.

• Strong quantitative and analytical skills, with the ability to work with large datasets and derive meaningful insights.

• Experience with programming languages such as Python, C#, JavaScript, and SQL would be a plus but is not required for a candidate with the right trading background.

• Exceptional attention to detail and problem-solving abilities.

• A self-starter who is curious, eager to learn, and willing to challenge the status quo.

• Solid understanding of financial products, including Equities, Swaps, Options, Futures, Stock Loan, and Fixed Income.

This role provides a significant opportunity for career development, with the potential to contribute to new trading strategies and expand expertise in a growing and dynamic business.

Base Salary Range:

$130,000 - 180,000

Salary:

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact.  We strive to help you make an impact from day one – for yourself and our customers.  We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.