Director and Vice President, Agricultural Commodities Trading

BMO•New York, NY

2d•$260,000 - $275,000•Onsite

About The Position

BMO Capital Markets is seeking a Director and Vice President, Commodities Trading to help launch the Agricultural Commodities business in North America. This role involves pricing, executing, and managing derivatives and financing transactions for BMO’s corporate and investor client base, utilizing knowledge of physical and financial agricultural markets. The position includes direct responsibility for actively managing non-linear and linear risk, providing fundamental insight, and collaborating with a Global team. The candidate will also identify opportunities for increased efficiency and improved service, implementing positive change within the business unit. The Commodities Trading group is part of Global Markets’ Global Origination business, responsible for managing and executing hedging and financing transactions for BMO’s investor, corporate, and commercial clients. The team works closely with the Commodities Sales Team, investment, corporate, and commercial banking, serving as product experts for futures, swaps, basis, options, and exotic derivatives.

Requirements

Minimum 7 years experience managing an active book of Agricultural Commodity Derivatives with product coverage across the space.
Minimum 7 years experience structuring and managing inventory financing transactions, including deliverable and non-deliverable products.
Excellent communication skills (written and verbal) including listening, understanding, and responding to internal and external inquiries.
Expertise in financial computer applications including MS Excel, VBA, and Bloomberg.
Strong proficiency in other Microsoft Office products.
Able to exercise independent thought and judgment under limited supervision and to adapt to new tasks with little notice.
Creative, insightful and eager to learn.
Experience developing North American and/or Global supply/demand models across different Agricultural Commodity markets.
Demonstrates strong knowledge of Agricultural markets – financial and physical.
Thorough knowledge of derivatives including options.
Knowledge of banking and risk concepts as well as derivative regulations.
Current on existing and emerging Industry trends around the world.
Relevant experience and passion for working in a market-making, direct client-facing role.

Nice To Haves

Experience with BMO’s software systems for trading and pricing transactions.

Responsibilities

Price, execute, and manage derivatives and financing transactions for BMO’s corporate and investor client base.
Actively manage non-linear and linear risk.
Provide fundamental insight into agricultural markets.
Identify opportunities for increased efficiency and improved service to internal and external clients.
Implement positive change within the business unit.
Develop, maintain, and build-out fundamental models.
Collaborate with the Engineering team to design pricing and risk management tools.
Share market information and solve problems within the Commodities Team.
Build relationships with product partners across Global Markets to provide/solicit cross-product mandates for new opportunities.
Continuously coach and mentor Analysts and Associates.
Ensure high levels of client satisfaction through strong cross-department coordination.