Derivative Ops Analyst, Fall ; Co-op​/Internship

As a co‑op/intern student at BMO, you will have the opportunity to be heard, keep growing and make a difference. You will be part of our campus program to gain the skills and knowledge needed to take on roles similar to the description listed below. Our student experience is designed to integrate you to the BMO team from day one by adding value in the work you do.

The Derivative Operations Analyst (Intern/Co‑op) supports the end‑to‑end lifecycle of OTC derivative transactions within Global Markets. This role provides exposure to trade processing, confirmations, settlements, and reconciliation activities, working closely with Front Office, Operations, and external counter parties. The position offers hands‑on experience in a fast‑paced capital markets environment, with a strong focus on data accuracy, process discipline, and risk awareness.

• Assist in validating trade bookings to ensure accuracy and completeness
• Support reconciliations across systems to identify and investigate discrepancies
• Help ensure trades are correctly captured for downstream processing
• Take measured risks while protecting the bank by applying our Risk Management Framework

• Assist with drafting and tracking OTC derivative confirmations
• Monitor outstanding confirmations and support follow‑up with counter parties
• Maintain accurate records of trade status and documentation

• Support settlement affirmation activities with counter parties
• Assist in verifying cash flows and ensuring transactions are processed accurately
• Help investigate and resolve basic settlement breaks and exceptions

• Support daily reconciliation processes to identify unmatched trades or discrepancies
• Assist in investigating and resolving breaks with guidance from senior team members
• Help prepare operational and management reporting

• Work with Front Office, Operations, and internal teams to support issue resolution
• Communicate clearly on trade status, exceptions, and outstanding items
• Build relationships across teams to support effective trade lifecycle management

• Participate in process improvement and automation initiatives
• Identify opportunities to streamline tasks or improve data quality
• Learn core derivatives lifecycle processes and control frameworks

• As a full‑time employee, we would require 3‑5 years of experience, however as part of the BMO campus program, we are looking for motivated individuals with a strong desire to learn.
• Currently pursuing a degree in Finance, Economics, Business, Mathematics, or a related field

• Strong attention to detail and accuracy
• Analytical and problem solving skills – In‑depth
• Strong verbal & written communication skills – In‑depth
• Collaboration & team skills – In‑depth
• Ability to manage multiple tasks in a fast‑paced environment
• Proficiency in Excel; familiarity with financial markets is an asset

• Exposure to the end‑to‑end OTC derivatives lifecycle (confirmations, settlements, reconciliations)
• Experience working with Front Office, Legal, and Finance teams
• Understanding of operational risk and control processes in a global markets environment
• Opportunity to contribute to real‑time trade support and process improvement initiatives

$45,500.00 - $84,500.00

Salaried

BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Salary will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's 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.