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

Position: Derivative Ops Analyst, Fall 2026 (Co-op/Internship) - 4 months
Final date to receive applications:07/05/2026

Address:100 King Street West Job Family Group:

Customer Shared Services 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. You will have the opportunity to participate in programs such as the Women in Technology Mentorship Program, BMO Social Squad student-led activities, BMO Academy corporate learning platform, and access to various Employee Resource Groups to further develop your network within BMO.Interested

in learning more about our campus program? Stay up-to-date with BMO Campus Recruitment by following us on Instagram @_Campus and joining our Linked In group BMO Campus Recruiting & Early Talent.

Note:

Only students currently enrolled in an academic program and returning to their studies will be considered for Co-op/Internship opportunities. Student who recently graduated are invited to apply to our New Grad opportunities which are available at  apply for this opportunity, please submit your cover letter, resume and an unofficial copy of your academic transcript. By applying for this general posting, you will be considered for a number of different student opportunities across multiple locations.

If you are selected to move forward, you will be provided additional information.

Role Overview 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.

Key Responsibilities Trade Support & Validation 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 in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Confirmations & Lifecycle Support 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

Settlement & Payment Processing 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

Reconciliation & Reporting 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

Stakeholder Coordination 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

Process Improvement & Learning Participate in process improvement and automation initiatives

Identify opportunities to streamline tasks or improve data quality

Learn core derivatives lifecycle processes and control frameworks

Qualifications:

Education 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…