Director or Vice President, Commodities Trading

BMONew York, NY
1d$260,000 - $275,000

About The Position

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 2,700 professionals in 30+ locations around the world, including 20 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$1.1 trillion total assets and approximately 53,000 employees as of October 31, 2025. #bmocapitalmarkets We have the unique opportunity for a Director or Vice President, Commodities Trading to help launch the Agricultural Commodities business in North America. The broad mandate to grow market share in Commodities will require the candidate to utilize knowledge of physical and financial agricultural markets to price, execute and manage derivatives and financing transactions for BMO’s corporate and investor client base. This role includes direct responsibility for actively managing non-linear and linear risk, providing fundamental insight and working as part of our Global team. The candidate also identifies opportunities for increased efficiency and improved service to internal and external clients and implements positive change within the business unit. Group Overview The Commodities Trading group is a team within Global Markets’ Global Origination business responsible for managing and executing hedging and financing transactions for BMO’s investor, corporate and commercial clients. Working closely with the Commodities Sales Team as well as investment, corporate and commercial banking, the trading team serves as product experts with a coverage universe including 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
  • Collaborate with Engineering team to design pricing and risk management tools

Responsibilities

  • Transaction Modelling & Financial Analysis: Use abilities in financial and fundamental analysis to communicate effectively and succinctly with Commodities Sales and clients to facilitate deals
  • Develop marketing ideas and help initiate transactions through appropriate presentation of data
  • Understand all software systems for trading and pricing transactions
  • Develop, maintain, and build-out fundamental models
  • Be a strong partner within the Commodities Team to share market information and solve problems
  • 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 with the following groups: Other Global Markets Groups I&CB Commercial Banking Global Markets Engineering Trade Floor Supervision Market Risk Client Onboarding Legal & Compliance

Benefits

  • BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
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