Global Markets Analyst (Generalist & Quantitative/Developer) (Winter 2025)

at  BMO Financial Group

PROGRAM OVERVIEW:

Winter Analysts work in the Global Markets Group of BMO Capital Markets, comprising Client Coverage, Origination, Digital and Liquid Trading, Structured Products Trading, Equity Products, and Financial Resource Management. Global Markets serves institutional, corporate, and government clients.
A variety of desks host Fall Analysts including Equity Sales and Trading, Clearpool E-trading, Prime Finance, Structured Notes Sales and Trading, Leveraged Finance, Securitized Products Sales and Trading, Origination, Debt Capital Markets, and US Interest Rates Sales and Trading.
Winter co-ops will work on one desk in Global Markets over a 14-week period. Co-ops will be provided with desk job descriptions prior to starting and will be placed based on preference and skill set. Each co-op will complete one week of onboarding and training with other co-ops across BMO Capital Markets. There are continuous professional development activities throughout the Fall. These activities include teach-ins, trading games, meetings with senior leaders, and networking events with both peers and Senior Leadership.

QUALIFICATIONS:

We are looking for highly motivated individuals who can work well in a competitive, market-driven, team-based environment and seek a challenge. Global Markets encompasses a diverse group of individuals with a variety of skill sets and job functions. We look to create a diverse co-op class that can fit into different roles across Global Markets.

REQUIRED QUALIFICATIONS:

• Currently enrolled in an undergraduate or Master’s program with a graduation date of Spring 2026 or onwards
• Strong academic record –minimum 3.4/4.0 GPA
• Extracurricular achievement;
• Demonstrated interest in and knowledge of financial markets;
• Excellent research and analytical skills, able to collect, analyze and interpret data;
• Strong interpersonal skills used within a demanding team environment;
• Demonstrated proactivity, resiliency, positive attitude and high motivation;
• Strong written and oral communication skills;
• Ability to attentively review, assess and provide detailed information daily on multiple projects in an organized manner;
• Excellent capacity to independently function as part of a team through self -motivation;
• Strong work ethic and a high level of professional integrity;
• Detail and results orientated.

ADDITIONAL PREFERRED TECHNICAL QUALIFICATIONS:

• Currently working towards a degree in: Finance, Engineering, Actuarial Science, Computer Science, Mathematics, Physics, or Statistics;
• Knowledge and/or experience of front-end developer languages (HTML, CSS, JavaScript, React, Angular);
• Knowledge and/or experience in back end developer languages (C++, C#, Java, Python, VBA);
• Knowledge and/or experience of at least one type of statistical programming language (i.e. R, MatLab);
• Database experience (SQL, Oracle);
• Familiarity with data manipulation and strong quantitative/statistical background;
• Understanding of mathematical models;
• Fluency in Excel, including scripting and efficient spreadsheet design;
• Strong technical writing ability.

THE CAMPUS JOB DESCRIPTION ABOVE ALIGNS TO THE FULL TIME JOB DESCRIPTION BELOW.

Provides a markets-based suite of sales and trading solutions 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 asset classes including: debt, foreign exchange, interest rate, credit, equity, securitization, and commodities. Provides competitive pricing to all clients and seeks out new opportunities with prospective clients. Maximizes profit while prudently minimizing the bank’s exposure and adhering to regulatory statutes.

• Acts as point person to provide client support in the form of proposals, marketing material, event planning, and scheduling with the cooperation of trading and sales, research, and marketing and with the support of a senior leader.
• Responds to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determines acceptable solutions.
• Helps manage the flow of inquiries, market data, and other information from clients. Routes client calls appropriately and responds quickly to client questions.
• Seeks to develop an understanding of client needs and outcomes.
• Coordinates conference calls, client events and meetings.
• Maintains a proactive, client service focus in order to meet their needs and increase revenue; contacts customers to present available investment services and develops client prospects from among current customers, referral leads and other sources.
• Verifies that all confirms on trades or sales are accurate and promptly delivered.
• Communicates transaction details to the brokerage community and custodians. Resolves settlement issues related to incorrect billing.
• Answers phones, file, fax, and coordinates meeting and travel arrangements.
• Develops strong market knowledge to provide comprehensive service to clients, develop new solutions, and construct compelling recommendations.
• Reads, analyzes and interprets common technical journals, financial reports, and legal documents in order to better serve client needs.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective relationships with internal/external stakeholders.
• Ensures alignment between stakeholders.
• Cultivates strong relationships with the research team in order to understand their industries and stock coverage.
• 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.
• Defines problems, collects data, establishes facts, and draws valid conclusions.
• Develops an understanding of and proficiency in using all required systems and models.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Executes a variety of administrative and analytical tasks as assigned and with minimal supervision (e.g. procedural documentation, brokerage and client commission reporting, maintenance of contacts database, disaster recovery planning, tracking and updating of periodic trading or sales metrics, etc.).
• Administers all aspects of the sales and or trading desk, record keeping, reporting, and file maintenance in accordance with internal controls and compliance policies and external regulations.
• Responds to requests for information from both internal and external sources.
• Communicates market data and client changes to colleagues when they are on the road or in meetings.
• Provides feedback on, and, supports continuous improvement opportunities.
• Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.
• Focus may be on a business/group.
• Thinks creatively and proposes new solutions.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works mostly independently.
• Broader work or accountabilities may be assigned as needed.QUALIFICATIONS:
• Typically between 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Familiarity with institutional equity markets.
• Series 7, 63 licenses.
• Able to read, analyze, and interpret general business periodicals, investment and financial reports.
• Strong familiarity with Outlook, Excel, Reuters Plus, Bloomberg, public finance/business news websites is desired.
• I-Star familiarity.
• Specialized knowledge from education and/or business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.

Fall co-ops are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment. Depending on the assigned desk, co-op skill set, and business needs, responsibilities may include:

• Development and deployment of business solutions such as pricing and risk models
• Market data capture and display, spreadsheet development
• Providing insight into trading strategies leveraging quantitative modelling
• Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc.
• Bespoke projects requiring market, portfolio, or client research and data analytics
• Creating client presentation materials using PowerPoint and Excel
• Developing client trade ideas
• Planning client events
• Recapping and organizing market data and events
• Shadowing and learning from Trading, Sales, and Strategy professionals