BMO Capital Markets is looking to hire a Senior Associate or VP-level candidate to support a large and growing ETN business, requiring immediate responsibility and accountability for results.
Requirements
- Strong understanding on equity market structure, index mechanics, and derivative instruments.
- Series 7, 63, and 55 licenses.
- Proficiency in programming in Python, SQL, or VBA preferred.
- Exposure to index rebalancing, corporate action handling, or portfolio transition management.
- Experience with risk models, transaction cost analysis, and execution management system.
Responsibilities
- Execute and monitor index-related trades in equities as well as equity and interest-rate derivatives.
- Assist in managing index rebalance and corporate action events, and handling operational risks around them.
- Work with senior traders to hedge and manage liquidity, gap, financing, and operational risk.
- Develop and maintain analytical tools to support trading strategies, P&L analysis, and market monitoring.
- Conduct research on exchange-traded product market structure, liquidity trends, and new product developments.
- Evaluate and understand the qualities of different equity derivatives to optimize portfolio’s positions under different market scenarios.
- Provide pricing, liquidity, and market color to internal and external stakeholders.
Other
- Typically between 3 - 6 years of experience trading derivatives and post-secondary degree in related field of study or an equivalent combination of education and experience.
- CFA preferred.
- Attention to detail - exceptional numerical, analytical, and problem-solving abilities.
- Excellent communication and teamwork skills.
- 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.
