Director or Vice President, Electronic Trading (US Credit, US Rates), Global Markets
About the role
BMO Capital Markets is seeking a Director or Vice President, Electronic Trading (US Credit, US Rates) within Global Markets in New York. This role is responsible for pricing and risk management of electronic FX and Fixed Income trading while driving BMO’s electronic growth strategy.
Responsibilities
- Provide competitive pricing across electronic platforms
- Collaborate with sales to originate and grow client relationships
- Maintain continuous oversight of the electronic trading environment to maximize efficiency, manage risk prudently, and ensure adherence to regulatory requirements
- Drive business growth in electronic trading by developing and scaling technology-driven trading strategies
- Develop and execute new trading ideas and initiatives related to electronic trading
- Respond to inquiries from clients, regulatory agencies, or the business community in a professional manner and determine acceptable solutions
- Support sales activities with trading strategies, product definition, and market information tailored to suit clients' individual needs
- Maintain strong relationships with BMO's sales team, aligning electronic services and products to meet client business needs
- Develop an understanding and proficiency in using all required systems and models
- Identify opportunities for increased efficiency and improved service to internal and external clients and act as a positive change agent to drive improved efficiency and effectiveness
- Act as a facilitator and coordinate between various teams like Infrastructure and Application vendors to resolve complex issues and outages
- Perform root cause analysis and regular reporting to identify areas for review for improvements
Qualifications
- 5-7 years of electronic trading experience and trading exposure in sell side banking sector across Fixed Income (Rates, Credit, Mortgages) and FX, current eTrading experience in US Credit, US Rates
- University degree in computer science, engineering, mathematics, statistics, or related discipline
- Understanding of FX payments workflows and product management experience is a plus
- Thorough knowledge of macro markets and sales/trading/hedging strategies
- Strong understanding of local regulatory and financial concepts
- Advanced deal execution and/or project management skills
- Strong analytical, problem-solving, and risk management skills
- Excellent communication skills
- FINRA Series 7 and Series 63 required
Pay
The base salary is $275,000 at the Director level and $260,000 USD at the Vice President level (subject to the candidate meeting the specific skills, experience, education, and qualification requirements).
Schedule
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Skills
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Contact
To apply, please send your resume to BMOCareers.Support@bmo.com.
Company Information
BMO Financial Group is a leading diversified 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 Financial Group has over 53,000 employees and US$1.1 trillion in total assets as of October 31, 2025. BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. For more information about BMO's commitment to diversity and inclusion, please visit: https://jobs.bmo.com/global/en/About-BMO