04/20/2025
Address:
100 King Street West
Capital Mrkts Sales & Service
BMO Capital Markets
BMO Capital Markets is a leading fullservice North Americanbased 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 2700 professionals in 33 locations around the world including 20 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$989 billion total assets and approximately 54000 employees as of January 31 2024.
Program Overview:
Winter Analysts work in the Global Markets Group of BMO Capital Markets comprising Client Coverage Origination Digital and Liquid Trading Structured Products Trading Equity Products and Financial Resource Management. Global Markets serves institutional corporate and government clients.
A variety of desks host Fall Analysts including Equity Sales and Trading Clearpool Etrading Prime Finance Structured Notes Sales and Trading Leveraged Finance Securitized Products Sales and Trading Origination Debt Capital Markets and US Interest Rates Sales and Trading.
Winter coops will work on one desk in Global Markets over a 14week period. Coops will be provided with desk job descriptions prior to starting and will be placed based on preference and skill set. Each coop will complete one week of onboarding and training with other coops across BMO Capital Markets. There are continuous professional development activities throughout the Fall. These activities include teachins trading games meetings with senior leaders and networking events with both peers and Senior Leadership.
Responsibilities:
Fall coops are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment. Depending on the assigned desk coop skill set and business needs responsibilities may include:
- Development and deployment of business solutions such as pricing and risk models
- Market data capture and display spreadsheet development
- Providing insight into trading strategies leveraging quantitative modelling
- Improving on existing technology involving system infrastructure internal reporting client/management presentations etc.
- Bespoke projects requiring market portfolio or client research and data analytics
- Creating client presentation materials using PowerPoint and Excel
- Developing client trade ideas
- Planning client events
- Recapping and organizing market data and events
- Shadowing and learning from Trading Sales and Strategy professionals
Qualifications:
We are looking for highly motivated individuals who can work well in a competitive marketdriven teambased environment and seek a challenge. Global Markets encompasses a diverse group of individuals with a variety of skill sets and job functions. We look to create a diverse coop class that can fit into different roles across Global Markets.
Required Qualifications:
- Currently enrolled in an undergraduate or nonMBA Masters program with a graduation date of December
- Strong academic record
- Extracurricular achievement;
- Demonstrated interest in and knowledge of financial markets;
- Excellent research and analytical skills able to collect analyze and interpret data;
- Strong interpersonal skills used within a demanding team environment;
- Demonstrated proactivity resiliency positive attitude and high motivation;
- Strong written and oral communication skills;
- Ability to attentively review assess and provide detailed information daily on multiple projects in an organized manner;
- Excellent capacity to independently function as part of a team through self motivation;
- Strong work ethic and a high level of professional integrity;
- Detail and results orientated.
Additional Preferred Technical Qualifications:
- Currently working towards a degree in: Finance Engineering Actuarial Science Computer Science Mathematics Physics or Statistics;
- Knowledge and/or experience of frontend developer languages (HTML CSS JavaScript React Angular);
- Knowledge and/or experience in back end developer languages (C C# Java Python VBA);
- Knowledge and/or experience of at least one type of statistical programming language (i.e. R MatLab);
- Database experience (SQL Oracle);
- Familiarity with data manipulation and strong quantitative/statistical background;
- Understanding of mathematical models;
- Fluency in Excel including scripting and efficient spreadsheet design;
- Strong technical writing ability.
How to Apply:
For your application to be eligible for consideration you must apply to both your career center posting and the BMO link application link.
Please ensure the following items are submitted in your application:
- Cover Letter (optional)
- Resume
- Transcript with cGPA
The campus job description above aligns to the full time job description below.
Provides a marketsbased 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 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. Provides competitive pricing to all clients and seeks out new opportunities with prospective clients. Maximizes profit while prudently minimizing the banks 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. Routes client calls appropriately and responds quickly to client questions.
- Seeks to develop an understanding of client needs and outcomes.
- Coordinates conference calls client events and meetings.
- Maintains a proactive client service focus in order to meet their needs and increase revenue; contacts customers to present available investment services and develops client prospects from among current customers referral leads and other sources.
- Verifies that all confirms on trades or sales are accurate and promptly delivered.
- 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.
- Supports the of strategic initiatives in collaboration with internal and external stakeholders.
- Builds effective relationships with internal/external stakeholders.
- Ensures alignment between stakeholders.
- Cultivates strong relationships with the research team in order to understand their industries and stock coverage.
- 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 and sustainment activities.
- 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.
- Responds to requests for information from both internal and external sources.
- Communicates market data and client changes to colleagues when they are on the road or in meetings.
- Provides feedback on and supports continuous improvement opportunities.
- Considers risk internal controls and compliance as part of daytoday accountabilities and adheres to policies and procedures.
- Focus may be on a business/group.
- Thinks creatively and proposes new solutions.
- Exercises judgment to identify diagnose and solve problems within given rules.
- Works mostly independently.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically between 3 5 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
- Familiarity with institutional equity markets.
- Series 7 63 licenses.
- Able to read analyze and interpret general business periodicals investment and financial reports.
- Strong familiarity with Outlook Excel Reuters Plus Bloomberg public finance/business news websites is desired.
- IStar familiarity.
- Specialized knowledge from education and/or business experience.
- Verbal & written communication skills Indepth.
- Collaboration & team skills Indepth.
- Analytical and problem solving skills Indepth.
- Influence skills Indepth.
Please note the salary for this specific position is $95000 CAD.
Salaried
The above represents BMO Financial Groups 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 parttime roles will be prorated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.
BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performancebased 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: 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. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.
To find out more visit us at is committed to an inclusive equitable and accessible workplace. By learning from each others 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.
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.