Quantitative Associate, Structured Equities Trading

Posted:
8/7/2024, 5:00:00 PM

Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Quantitative Finance ⋅ Software Engineering

Application Deadline:

09/25/2024

Address:

100 King Street West

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

Accountabilities

Associate in the Structured Equities Trading Quantitative Strategies Group is expected to work closely to structuring and sales personnel of all Global Equities groups with a special focus on quantitative strategies, as well as trading teams, and provide support in managing trade lifecycle, pricing, and business intelligence.  The role also requires extensive collaboration with, Quantitative Modelling, Global Operations, Market Risk etc. to ensure the implementation of effective and efficient downstream reporting capabilities for trading and note issuing activities.

Knowledge

  • Familiarity with equity and fixed income structured products and/or other financial products.
  • Understanding of database design for sell side trading.
  • Some knowledge of financial engineering concepts, familiarity with pricing theory and derivative models.
  • Understanding of key market, credit, liquidity risk management concepts is good to have.
  • Hands on knowledge of probability, statistics, numerical methods for optimization problems are good to have.

Skills

  • Advance programming skills, C#, python, Flask, React JS, SQL.
  • Capable of producing business intelligence and risk reports.
  • Detail oriented
  • Communicate clearly with various stakeholders (trading, sales, structuring) in order to understand and resolve issues.
  • Identify opportunities to improve efficiency, processes, calculations, and the work environment.

Experience / Education / Other

  • Financial industry professional 2-4 years of experience.
  • Undergraduate degree in a quantitative or technical area (i.e., computer science, math, engineering, etc.).
  • Master’s degree and/or professional designation (CFA, FRM, CPA, CA etc.) is a plus.

Salary

$110,000 CAD

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

We’re here to help

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 https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.

Bank of Montreal (BMO)

Website: https://www.bmo.com/

Headquarter Location: Toronto, Ontario, Canada

Employee Count: 10001+

Year Founded: 1817

IPO Status: Public

Last Funding Type: Post-IPO Equity

Industries: Banking ⋅ Crowdfunding ⋅ Finance ⋅ Financial Services