Vice President, Global MarketsApply locations Chicago, IL, USA time type Full time posted on Posted 17 Days Ago job requisition id R240030076
Application Deadline: 12/26/2024
Address: 320 S Canal Street
Job Family Group: Capital Markets Sales & Service
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.
Work on the Corporate Sales and Structuring team that provides a markets-based suite of risk management solutions through derivative products to the bank's U.S Commercial clients. The product suite will primarily focus on solutions addressing Interest Rate ("IR") and Foreign Exchange ("FX") needs. The team provides transactions to facilitate client demands along with identifying client needs and offering bespoke solutions that differentiate BMO from other organizations.
Responsibilities: Operates as a key member of the Structuring and Execution desk through trade execution, the structuring of trade ideas to commercial clients, education of hedge products to both internal and external stakeholders and sustaining/managing existing client relationships.Leveraging the knowledge of derivative products to provide bespoke solutions to the bank's commercial clients.Generate educational material, charts and graphs creation and any other self-driven initiatives in partnership with senior marketers.Provide comprehensive account coverage/management and client development along with responding to inquiries from clients or internal bankers to determine acceptable solutions.Work closely with the trading desk during client executions to ensure the appropriate measures are taking place to protect the bank.Continuously developing market knowledge to independently create pitch and marketing material that can be leveraged by the team and provide thorough and well thought out solutions specific to client concerns.Responsible for understanding the needs of clients and provides relevant ideas and opinions while structuring creative solutions through the use of IR derivatives or FX products.Coordinate with bankers and clients on the onboarding process ensuring all regulatory requirements are addressed before clients are in position to execute trades.Execute IR derivative or FX trades with clients that range from vanilla to exotic option structures.Identify and leverage key decision makers and influencers with the intention of building and growing both internal and external relationships.Is able to navigate through financial statements, 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.Ability to educate and explain complex products to a wide client base with varying backgrounds.Uses analytical skills and applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables.Responsible for learning and understanding the internal systems used for client trading and risk management monitoring.Responsible for understanding the complexity of transactions and related risk (credit, market, operational, legal / compliance, etc.).Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.Broad work or accountabilities may be assigned as needed.Qualifications: Between 5 - 7 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/Engineering, CFA is preferred.Thorough knowledge of capital markets, pricing, and sales/trading/hedging strategies.Experience with structuring both IR and FX solutions for commercial clients, including the use of options is an essential asset to this role.Understanding CVA, FVA and XVA and its implications when pricing deals.Ability to exercise judgement to identify, diagnose and solve problems within given rules.Working knowledge of financial markets (interest rates, foreign exchange) with previous exposure to the financial markets and/or analysis gained through a combination of work and educational qualifications is required.Strong understanding of broader regulatory and financial concepts.Extensive experience in trading or sales procedures and broader regulatory and financial concepts.Advanced deal execution and/or project management skills - ability to manage more than one client / major initiative.Deep knowledge and technical proficiency gained through extensive education and business experience.Strong financial analysis skills.Strong risk management skills.Verbal & written communication skills - In-depth.Salary: $250,000.00 USD
Pay Type: Salaried
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.
We're here to help 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.
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. BMO is an equal opportunity/affirmative action employer.
#J-18808-Ljbffr