Vice President or Associate, Equity ETF Trader

Address:

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

Desk Description:

BMO Capital Markets is a leading liquidity provider in the North American ETF market. Our ETF Market Making desk provides continuous two-way markets across a broad range of domestic and international ETFs supporting both primary and secondary market liquidity. We work closely with ETF issuers institutional clients and capital markets partners to deliver efficient execution competitive pricing and deep market insights. The desk leverages data-driven trading quantitative models and multi-asset coverage to manage risk and facilitate client flows across global markets. Our team culture values innovation collaboration and disciplined risk management.

Key Responsibilities:

• Provide two-way markets and manage risk across equity and multi-asset ETFs.

• Contribute to systematic strategy development through data validation parameter tuning and performance analysis.

• Partner with technology and quant teams to identify and implement workflow automation to improve pricing quoting hedging and booking efficiency.

• Challenge existing desk workflows with a continuous improvement mindset focusing on scalability latency and reliability.

• Participate in day-to-day trading operations including trade booking reconciliation and risk reporting.

Qualification:

• Minimum 3 years of industry experience in ETF Equity or Derivatives trading

• Option structured product experience is a plus

• Strong quantitative analytical and programming skills (Python or similar)

• Solid understanding of market structure

• Excellent attention to detail and ability to work under pressure in fast-moving markets

• Bachelors or Master degree in Finance Engineering Computer Science Mathematics or related field

• Exceptional communication and teamwork skills; comfortable engaging with internal and external stakeholders

Why Join Us

• Be part of one of Canadas leading ETF market making teams recognized for innovation and execution excellence.

• Exposure to a diverse set of global markets asset classes and liquidity strategies

• Collaborative culture that values initiative curiosity and technology-driven problem solving

• Opportunities for growth and development within a high-performance trading environment

Please note the anticipated base salary for this role at the Associate level is $120000 CAD and the base salary for this role at the VP level is $160000 CAD

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 part-time roles will be pro-rated 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 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: 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 in-depth training and coaching to manager support and network-building 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.