Vice President, Quantitative Analyst (Strat) – Commodity Pricing & Position Management
Top Benefits
About the role
Application Deadline: 01/30/2026
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
We are seeking a highly skilled and motivated Quantitative Analyst (Strat) to design, build, and maintain models and tools for commodity pricing and position management. The role will begin with .Net and Excel-based development and transition into working with our engineers to build scalable web applications. The ideal candidate will have a strong technical background, deep understanding of commodity markets, and the ability to work closely with trading and risk teams.
Key Responsibilities:
• Develop and maintain .Net based mathematical finance library for commodity models.
• Develop and maintain Excel-based pricing models and position tracking tools.
• Utilize the in-house engineering framework to build web-based or GUI applications for the trading desk.
• Automate data workflows and integrate external/internal data sources.
• Collaborate with traders, risk managers, and IT to gather requirements and deliver solutions.
• Ensure tools are robust, scalable, and aligned with trading strategies and risk policies.
• Document models, workflows, and application architecture.
Required Qualifications:
• Bachelor’s or graduate degree in Physics, Engineering, Computer Science, Mathematics or related field.
• 2+ years of experience in a strat, quant, or developer role within commodities or related asset class.
• Solid understanding of commodity markets and pricing methodologies.
• Strong proficiency in Excel (including VBA etc).
• Programming experience in Python or C#.
• Excellent communication and problem-solving skills.
Preferred Qualifications:
• Programming experience in JavaScript and familiarity with web frameworks
• Familiarity with SQL and relational databases.
• Experience with ETRM systems (e.g., Endur, Openlink).
• Knowledge of risk metrics (VaR, Greeks) and curve construction.
Salary:
Please note the base salary for this role is $160,000 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
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.
Vice President, Quantitative Analyst (Strat) – Commodity Pricing & Position Management
Top Benefits
About the role
Application Deadline: 01/30/2026
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
We are seeking a highly skilled and motivated Quantitative Analyst (Strat) to design, build, and maintain models and tools for commodity pricing and position management. The role will begin with .Net and Excel-based development and transition into working with our engineers to build scalable web applications. The ideal candidate will have a strong technical background, deep understanding of commodity markets, and the ability to work closely with trading and risk teams.
Key Responsibilities:
• Develop and maintain .Net based mathematical finance library for commodity models.
• Develop and maintain Excel-based pricing models and position tracking tools.
• Utilize the in-house engineering framework to build web-based or GUI applications for the trading desk.
• Automate data workflows and integrate external/internal data sources.
• Collaborate with traders, risk managers, and IT to gather requirements and deliver solutions.
• Ensure tools are robust, scalable, and aligned with trading strategies and risk policies.
• Document models, workflows, and application architecture.
Required Qualifications:
• Bachelor’s or graduate degree in Physics, Engineering, Computer Science, Mathematics or related field.
• 2+ years of experience in a strat, quant, or developer role within commodities or related asset class.
• Solid understanding of commodity markets and pricing methodologies.
• Strong proficiency in Excel (including VBA etc).
• Programming experience in Python or C#.
• Excellent communication and problem-solving skills.
Preferred Qualifications:
• Programming experience in JavaScript and familiarity with web frameworks
• Familiarity with SQL and relational databases.
• Experience with ETRM systems (e.g., Endur, Openlink).
• Knowledge of risk metrics (VaR, Greeks) and curve construction.
Salary:
Please note the base salary for this role is $160,000 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
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.