BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.
BMO Capital Markets has over 2,800 professionals in 35 locations around the world, including 23 offices in North America.
BMO Capital Markets is a member of BMO Financial Group (NYSE,
TSX:
BMO), one of the largest diversified financial services providers in North America with US$924 billion total assets and approximately 57,000 employees as of April 30, 2023.
Sales & Trading Analysts work in the Global Markets Group of BMO Capital Markets, comprising Global Equities & Financing Solutions, Global Markets HQ, Digital & Liquid Trading, Global Structured Products Trading, and Financial Resource Management, serving our corporate, institutional and government clients.
Co-op Analysts are assigned to a specific Global Markets group during the 15-week program.
In addition to the on-the-job experience, each intern will complete one week of training and participate in professional development sessions and events throughout the term.
Co-op students have the opportunity to join one of the following areas within
Global Markets:
Global Markets HQ
Digital & Liquid Trading
These assignments will vary widely from day to day based on the needs of the business and the current market environment.
Development and deployment of business solutions such as pricing and risk models;
Work on bespoke projects requiring market, portfolio, or client research and data analytics;
Creating and maintaining trading tools to analyze large amounts of market and trading data, and produce real-time analytics critical to business decision making;
Developing front-end web applications and UI software that provides traders a platform to easily interact with different trading tools, and visualize results in real-time to facilitate orders, capture trades, and manage positions and risks;
Creating fully functional and reproducible machine learning pipelines;
Executing full lifecycle software development.
Currently enrolled in an undergraduate program; graduating in Spring 2025, 2026, 2027 (applicants are typically between their second and second last co-op term);
Currently working towards a degree in: Engineering, Computer Science, Computing and Financial Management, Mathematics, Physics, or Statistics;
Strong academic record and extracurricular achievement;
Demonstrated interest in and knowledge of financial markets;
Excellent research and analytical skills, able to collect, analyze and interpret data;
Ability to attentively review, assess and provide detailed information daily on multiple projects in an organized manner;
Technical Skills:
Knowledge and/or experience of front end developer languages (HTML, CSS, JavaScript, React, Angular);
Knowledge and/or experience in back end developer languages (C++, C#, Java, Python);
Knowledge and/or experience of at least one type of statistical programming language (i.e. Database experience (SQL, Oracle);
Knowledge in web application development (React, Angular) and familiarity with modern UX design principles;
Familiarity with data science (machine learning research), automation or other emerging technologies in the field of AI;
Familiarity with data manipulation and strong quantitative/statistical background;
Fluency in Excel, including VBA including scripting and efficient spreadsheet design;
Strong technical writing ability.
Transcript ( Required for application review – please upload it in the resume section when applying in BMO’s Workday application system)
Provides a markets-based suite of sales and trading solutions to Institutional, Corporate, and Retail clients.
Offers a full spectrum of integrated capabilities to deliver leading market insight, risk management, and execution services to issuing and/or investor clients, including access to major global markets across asset classes including:
debt, foreign exchange, interest rate, credit, equity, securitization, and commodities. Maximizes profit while prudently minimizing the bank’s exposure and adhering to regulatory statutes.
Acts as point person to provide client support in the form of proposals, marketing material, event planning, and scheduling with the cooperation of trading and sales, research, and marketing and with the support of a senior leader.
Responds to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determines acceptable solutions.
Helps manage the flow of inquiries, market data, and other information from clients. Communicates transaction details to the brokerage community and custodians. Resolves settlement issues related to incorrect billing.
Answers phones, file, fax, and coordinates meeting and travel arrangements.
Develops strong market knowledge to provide comprehensive service to clients, develop new solutions, and construct compelling recommendations.
Reads, analyzes and interprets common technical journals, financial reports, and legal documents in order to better serve client needs.
and applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables.
Defines problems, collects data, establishes facts, and draws valid conclusions.
Executes a variety of administrative and analytical tasks as assigned and with minimal supervision (e.g. procedural documentation, brokerage and client commission reporting, maintenance of contacts database, disaster recovery planning, tracking and updating of periodic trading or sales metrics, etc.).
Administers all aspects of the sales and or trading desk, record keeping, reporting, and file maintenance in accordance with internal controls and compliance policies and external regulations.
Communicates market data and client changes to colleagues when they are on the road or in meetings.
Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.
Typically between – 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Familiarity with institutional equity markets.
Series 7, 63 licenses.
Strong familiarity with Outlook, Excel, Reuters Plus, Bloomberg, public finance/business news websites is desired.
We’re here to help
It calls on us to create lasting, positive change for our customers, our communities and our people. 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.
Accommodations are available on request for candidates taking part in all aspects of the selection process.
A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
BMO Capital Markets – Global Markets Quantitative Analyst (Winter 2024)
locations Toronto, ON, CAN time type Full time posted on Posted Yesterday BMO Capital Markets – Data & Reporting Analyst (Winter 2024)
locations Toronto, ON, CAN time type Full time posted on Posted Yesterday About Us
BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life.
Everywhere we do business, we’re focused on building, investing and transforming how we work to drive performance and continue growing the good.
More than 12 million customers count on us for personal and commercial banking, wealth management and investment services.
As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers.
In Canada, the United States and across the globe, we’ll continue to build, invest and transform to drive performance that serves the good that grows