Global Markets Quantitative Analyst Intern (Fall 2023)

Application Deadline:

Address:

100 King Street West

Job Family Group:

Capital Mrkts Sales & Service

** BMO Capital Markets**

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 2,800 professionals in 32 locations around the world, including 18 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$836 billion total assets and approximately 47,000 employees as of October 31, 2022.

Program Overview:

Sales & Trading Analysts work in the Global Markets Group of BMO Capital Markets, comprising Global Fixed Sales & Trading Analysts work in the Global Markets Group of BMO Capital Markets, comprising Global Equities & Financing Solutions, Global Markets HQ, Digital & Liquid Trading, Global Structured Products Trading, and Financial Resource Management, serving our corporate, institutional and government clients.

Co-op Analysts are assigned to a specific Global Markets group during the 15-week program. In addition to the on-the-job experience, each intern will complete one week of training and participate in professional development sessions and events throughout the term.

Co-op students have the opportunity to join one of the following areas within Global Markets:

• Global Equities & Financing Solutions

• Global Markets HQ

• Digital & Liquid Trading

• Global Structured Products Trading

• Financial Resource Management

All candidates will go through a rigorous interview process and team assignments will be made at closer to the start of the term based on previous experience, interest, and educational background.

Responsibilities:

These assignments will vary widely from day to day based on the needs of the business and the current market environment.

Responsibilities may include:

• Development and deployment of business solutions such as pricing and risk models,

• Market data capture and display, spreadsheet development

• Helping with developing insight into trading strategies leveraging quantitative modelling

• Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc.

• Work on bespoke projects requiring market, portfolio, or client research and data analytics.

Qualifications:

We are looking for highly motivated individuals who can work well in a team based environment and seek a challenge.

• Currently enrolled in an undergraduate program; graduating in December 2024, 2025, 2026 (applicants are typically between their second and second last co-op term);

• Currently working towards a degree in: Finance, Actuarial Science, Computer Science, Mathematics, Physics, or Statistics;

• Strong academic record and 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.

Technical Skills:

• 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);

• 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 VBA including scripting and efficient spreadsheet design;

• Strong technical writing ability.

How to Apply:

For your application to be eligible for consideration, you must apply to both your career center posting and the BMO application link.

Please ensure the following items are submitted in your application:

• Cover Letter (optional)

• Resume

• Transcript (Required for application review)

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. 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. We’ll 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, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

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.

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.