VP​/Associate, Front Office Flow Derivatives Trading Strategist

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

The Front Office Flow Derivatives Trading Strategist role involves utilizing technical and quantitative skills to develop and implement trading strategies and tools to be used by the Equity Derivatives businesses, with an emphasis on rapidly trading listed and OTC derivatives. The candidate would help guide business decisions on the development of pricing platforms, execution systems and algorithms, and risk management.

• Develop new tools for pricing listed and OTC option strategies to be used by equities trading desks.
• Participate in the creation of a new RFQ workflow tool to be shared across derivatives related trading and sales desks
• Build historical trade analysis tools including customer analysis and P&L attributions.
• Integrate new pricing and risk management tools into the execution platforms to streamline trader workflows.
• Coordinate deliverables across multiple teams including quantitative model development, operations and full-time technology teams.
• Support traders and sales personnel and troubleshoot intraday risk issues, P&L attribution, and any quant / tech related issues.
• Support and guide analysts in the development of back-testing and trade idea generation Python scripts with centralized market data repositories

• Enterprise Object Orientated Programming in C#/.NET including WPF/Blazor front ends
• Scripting experience with Python
• Relational Database Design (MSSQL /Postgres)
• Enterprise Middleware/MQ experience (AMPS/ActiveMQ/Kafka)
• Experience with market data feed systems
• Git/CICD tool chains
• Familiarity with Vanilla & Exotic Equity derivative pricing models.

• Experience with FIX protocol and quantitative trading systems
• US Option Market structure and regulatory knowledge
• C++, Tableau or PowerBI experience

The salary range for this role at the Associate level is $150,000 up to $200,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

Please note the base salary for this role at the VP level is $260,000 USD

Salaried

The above represents BMO Financial Group’s 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 Group’s expected target for the first year in this position.

BMO Financial Group’s 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:

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Purpose:

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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…