CM VP-IC Global Markets

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BMO Capital Markets Corp seeks CM VP-IC Global Markets in New York, NY to provide a markets-based suite of Exchange Traded Fund (ETF) sales and trading solutions to institutional, corporate, and retail clients. Offer a full spectrum of integrated capabilities to deliver leading market insight, quantitative risk management and analytics, market making and execution services to ETF issuer and investor clients. Operate as a key member of the ETF market making team focusing on risk pricing, alpha generation, optimal hedging, and portfolio construction. Manage a liability risk book and is accountable for the risk, profit and loss and limits for the book. Perform analytics, market research, and back-tests to evaluate and refine market making trading strategies for ETF business. Oversee hedging and post-trade operations, ensuring efficient trade execution and risk management. Balance the Bank’s risk appetite with the client needs in making quantitative research proposals. Stay updated on market trends and developments in the ETF space. Continuously pursue and identify potential risk within our business and processes. Work on day-to-day support of the business.

Requirements: Bachelor's degree in Economics, Mathematics, Financial Engineering, Statistics, Data Science or related field (willing to accept foreign education equivalent) plus seven (7) years of experience as a quantitative researcher, quantitative analyst, financial analyst, or related position in financial services industry or, alternatively, a Master’s degree in Economics, Mathematics, Financial Engineering, Statistics, Data Science or related field (willing to accept foreign education equivalent) plus five (5) years of experience as a quantitative researcher, quantitative analyst, financial analyst, or related position in financial services industry. Must also possess experience in the following (quantitative experience requirements not applicable to this section): Advanced programming in Python, C++ or Java; managing portfolio risk and optimizing using factor risk models; advanced statistical analysis including regression, time-series analysis, and machine learning techniques; using mathematical finance methodologies; and conducting analysis on large financial data sets.

The salary for this specific position in New York, New York is $250,000.00/year.

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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.