Associate, Global Markets Job in Toronto for BMO Bank of Montreal | Jobs.ca
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Associate, Global Markets

September 15 2021
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Bank, Insurance, Financial services, Bank, Insurance, Financial Services, Trading, Asset management
Toronto, ON

Address:

100 King Street West

Job Family Group:

Capital Mrkts Sales & Service

Provides a markets-based suite of sales and trading solutions focused on low touch equity execution services for Institutional clients and internal trading desks. Offers a full spectrum of integrated capabilities to deliver leading market insight, risk management, and execution services to investor clients and internal trading desks, including access to major global markets across asset classes focused on equity. Maximizes profit while prudently minimizing the bank’s exposure and adhering to regulatory statutes.

  • Possesses strong analytical and technical problem-solving skills.
  • Computer Science or Engineering background is strongly preferred.
  • Experience working with Java, C#, SQL, Perl and PHP is highly valued.
  • An interest in Equity Market Structure is considered a strong asset.
  • Exposure to Transaction Cost Analysis (TCA) concepts is valuable.
  • Responds to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determines acceptable solutions.
  • Provides competitively priced liquidity to corporate, institutional, and interbank clients; quotes hedging advice, and market information in support of the customer business and arbitrage opportunities.
  • Supports sales activities with trading strategies, definition and market information customized to suit their client’s individual needs.
  • Understands the needs of clients and provides relevant ideas and opinions to generate recommendations.
  • Provides support for an outstanding client experience.
  • Uses good judgement in meetings/speaks up with ideas/communicates ideas effectively/asks good questions.
  • Markets financial institutions to increase order flow, volume and market information.
  • Identifies opportunities for increased efficiency and improved service to internal and external clients and acts as a positive change agent to drive improved efficiency and effectiveness.
  • 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.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Develops and leverages relationships across businesses, senior leaders and clients to foster and support coordination.
  • Ensures alignment between stakeholders.
  • Uses analytical skills (probability, statistical inference, etc.) 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.
  • Develops an understanding of and proficiency in using all required systems and models.
  • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
  • Helps colleagues with the presentation of information and preparation of proposals for their review.
  • Assists colleagues in the research and resolution of administrative/operational issues.
  • Understands the complexity of transactions and related risk (credit, market, operational, legal / compliance, etc.).
  • Maintains and develops knowledge of client systems/applications, and the internal web-based research document database
  • Executes orders for purchase or sales of securities or completes transaction independently if brokerage firm is market maker in requested transaction. All transactions must be recorded accurately and frequently reviewed for accuracy.
  • Receives and reviews all transactions to ensure accuracy and that transactions conform to the regulations of IIROC, OSC, SEC, NASD, and other regulatory agencies.
  • Operates within position and loss limits as prudent management of the Bank’s exposure.
  • Manages risk related to pricing and sales/trading of the book. Takes action to reduce exposure in developing and delivering client strategies.
  • Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.
  • Focus is primarily on electronic equity trading within BMO Capital Markets; may have broader, enterprise-wide focus.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently on a range of complex tasks, which may include unique situations.
  • Broader work or accountabilities may be assigned as needed.

Qualifications:

  • 3+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Degree in Computer Science/Engineering/Mathematics,
  • Canadian Securities Institute CSC, CPH, TTC required or attained within 6 months.
  • Working knowledge of financial markets with previous exposure to the financial markets and/or analysis gained through a combination of work and educational qualifications is required.
  • Basic understanding of trading or sales procedures and broader regulatory and financial concepts.
  • Demonstrates solid deal/transaction execution and/or project management skills.
  • Technical proficiency gained through education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth

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.

Apply now!