Analyst, Global Markets Corporate Banking

BMO • New York, NY

3d • $95,000 - $110,000

About The Position

The Analyst will join BMO Capital Markets’ Global Markets Corporate Banking team, which manages hedge fund client accounts. The role supports credit recommendations for current and prospective hedge fund clients through due diligence and credit analysis, and supports the delivery of Global Markets trading products to hedge fund clients. The Analyst also contributes to monitoring and portfolio management activities.

The position involves analyzing hedge fund financial and operating information; preparing and processing credit applications and reviews; assessing counterparties’ financial soundness, strategies, asset allocation, leverage, liquidity, and margin access; and completing internal risk ratings. The Analyst coordinates credit reviews and monitoring, supports analysis across financing and derivatives products, and provides findings and risk-mitigation input to Account Managers.

The Analyst partners with Account Managers and teams across Sales, Trading, Credit Risk, Market Risk, Collateral Management, Legal, Client On-Boarding, and AML/KYC. The role also supports trading and credit documentation, portfolio management initiatives, and ad hoc credit activities. The team uses AI tools such as Copilot for research, analysis, and reporting.

Requirements

• Undergraduate or MBA degree in finance, economics, or accounting, with outstanding academic achievement.
• 0–2 years of relevant experience.
• Strong oral, written, and interpersonal communication skills, with the ability to collaborate effectively in a high-performing team environment.
• Excellent analytical and problem-solving skills in business, finance, and credit.
• Self-starter with strong attention to detail and the ability to manage multiple clients and tasks in an organized, timely manner under limited supervision.
• Proficiency with MS Excel.
• Use of AI tools such as Copilot to support research, analysis, and reporting is required.

Nice To Haves

• Internship experience in credit, markets, or hedge fund/asset management.
• Experience with Bloomberg.
• Familiarity with automation tools such as Python or VBA.
• Knowledge of capital markets, Global Markets products, and the hedge fund industry.
• Familiarity with risk metrics such as VaR and DV01, and trading or credit documentation such as ISDA and GMRA.
• Prior exposure to credit analysis.

Responsibilities

• Research and analyze financial and operating information relating to hedge funds and other asset managers.
• Prepare accurate, concise, well-reasoned written credit applications for new and existing transactions, present them to Credit, and process them through BMO lending systems.
• Assess hedge fund counterparties’ financial soundness, strategies, asset allocation, leverage, liquidity access, margin access, and other fund characteristics.
• Complete internal risk ratings for hedge fund counterparties.
• Coordinate and track monthly credit activities, including annual and interim reviews, new deals, and monthly trigger and covenant monitoring.
• Support credit analysis across repo, securities-based lending (SBL), total return swaps (TRS), Prime Brokerage, and derivatives trading products.
• Support Account Managers in managing a diverse portfolio of hedge fund accounts, including preparing credit reviews, participating in due diligence meetings and calls, monitoring limits, exposures, and operating performance, and tracking industry and regulatory updates.
• Provide analytical findings and input on credit risks and related mitigants to Account Managers.
• Apply knowledge of bank policies and standards to help ensure the portfolio adheres to BMO policies and procedures.
• Support review and coordination of trading and credit documentation, including ISDA and GMRA, in partnership with Legal.
• Contribute to ad hoc credit activities for the hedge funds portfolio.
• Support Global Markets portfolio management needs and business growth initiatives.
• Partner with Sales, Trading, Credit Risk, Market Risk, Collateral Management, Legal, Client On-Boarding, and AML/KYC in support of hedge fund portfolio credit activities.
• Use AI tools such as Copilot to support research, analysis, and reporting as part of the team’s workflow.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• May include performance-based incentives, discretionary bonuses, and other perks and rewards

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level