Application Deadline: 03/07/2026 Address: 100 King Street West Job Family Group: Capital Mrkts Sales & Service BMO Capital Markets is a leading, full-service North American-based 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 Capital Markets has over 2,700 professionals in 30+ locations around the world, including 20 offices in North America. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$1.1 trillion total assets and approximately 53,000 employees as of October 31, 2025. #bmocapitalmarkets Provides a markets-based suite trading solution to Institutional, Corporate, and Retail clients. Offers a full spectrum of integrated capabilities to deliver leading market insight, risk management, and execution services to issuing and/or investor clients, including access to major global markets across foreign exchange and interest rate. Provides competitive pricing to all clients and seeks out new opportunities with prospective clients. Maximizes profit while prudently minimizing the banks exposure and adhering to regulatory statutes. The primary responsibility will be to provide pricing in FX, Short-Term Interest Rates (STIR), and cross-currency basis for G10 currencies to FX and Rates sales teams across North America and Europe. The role requires strong proficiency in trading rates and FX, with depth of expertise in FX spot and forward markets. The core objective of the role is to manage risk across all STIR, FX, and basis positions during the NA trading hours, while delivering competitive pricing to sales teams to support and enhance the profitability of BMOs FX business. The role aims to strengthen BMOs market share and franchise with both regional and global clients in its core markets, while operating within established risk parameters set by the Head of FX and STIR Trading. In addition, the position involves collaborating with and supporting colleagues across other offices and trading product groups, mentoring junior trading and sales staff, and contributing broadly to the continued development of BMOs Global franchise. Operates as key member of the deal team with efforts to maximize sector penetration and returns. Institutes cross-selling initiatives to increase ranking with client. Uses expertise in financial markets to cultivate relationships with new and existing clients and develop new client relationships. Manages a trading book and is accountable for the risk, profit & loss and limits for the book. Builds positive client relations at all levels through deep/comprehensive understanding of client needs and alignment of our products/services. Anticipates changes in client needs and provides strategic/creative solutions. Recognizes opportunities to cross-sell and to grow share of clients'' wallet. Works closely with sales and research teams to provide seamless client coverage including fulfilling client requests for market updates and providing clients with specific product information. Responds to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determine acceptable solutions. Develops and/or facilitates development of client-focused solutions based on financial expertise, organizational, technical, regulatory and environmental client awareness. Distills market and internal data to negotiate solutions, terms and conditions with clients / internal counterparts. Identifies and delivers on opportunities to improve the client experience; brings in partners where appropriate; delivers a full BMO experience. Uses analytical skills (probability, statistical inference, etc.) and applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables. Develops an understanding of and proficiency in using all required systems and models. Operates within position and loss limits as prudent management of the Banks exposure. Manages risk related to pricing and sales/trading of the book. Identifies and acts on the delivery of meaningful revenue, cost reduction or capital optimization opportunities. Makes decisions based on a strong understanding of risks; effectively evaluates risk-return trade-offs, and proactively takes accountability for risks assumed. Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures. Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders. Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine. Qualifications: Typically 5+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Degree in Accounting/Economics/Mathematics/Statistics, CFA preferred. Thorough knowledge of capital markets, pricing, and trading/hedging strategies and familiarity with a variety of the fields concepts, practices and procedures and various capital markets products. Strong understanding of trading procedures and broader regulatory and financial concepts. Strong quantitative analysis, technology and financial analysis skills. Strong risk management skills, fundamental analysis skills and leadership abilities. Seasoned professional with a combination of education, experience and industry knowledge. Verbal & written communication skills - In-depth / Expert. Analytical and problem solving skills - In-depth / Expert. Influence skills - In-depth / Expert. Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert. Able to manage ambiguity. Data driven decision making - In-depth / Expert Salary: Please note the target salary for this specific position in Toronto is $160,000 Vice President and $175,000 Director (subject to the candidate meeting the specific skills, experience, education, and qualification requirements) Salary : Pay Type: Salaried 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: About 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 . BMO 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. .
Job Title
Vice President or Director, STIR Trading