Director or Vice President, Electronic Trading (FX & Rates), Global Markets

BMO•New York, NY

7d•$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 The team is hiring a Director or Vice President, Electronic Trading (FX & Rates), Global Markets in New York. This role is responsible for pricing and risk management of electronic FX and Rates trading while driving BMO’s electronic growth strategy. The successful candidate will bring deep expertise in electronic markets and partner closely with Global Markets trading, sales, and technology to deliver scalable client solutions and robust infrastructure. Responsibilities include providing competitive pricing across electronic platforms, collaborating with sales to originate and grow client relationships, and maintaining continuous oversight of the electronic trading environment to maximize efficiency, manage risk prudently, and ensure adherence to regulatory requirements. Operates as key member of the trading team with a focus on increasing electronic trading volumes and profitability. Would rise to the challenge of driving business growth in electronic trading Passion to develop technology and infrastructure-based solutions for business objectives Creates and develops new trading ideas and initiatives related to electronic trading Responds to inquiries from clients, regulatory agencies or members of the business community in a professional manner and determines acceptable solutions Supports sales activities with trading strategies, product definition and market information customized to suit their client’s individual needs Maintains strong relationships with BMO’s sales team, matching electronic services and products to suit client business Develops an understanding of and proficiency in using all required systems and models Identifies opportunities for increased efficiency and improved service to internal and external clients and acts as a positive change agent to drive improved efficiency and effectiveness. Act as a facilitator and coordinate between various teams like Infrastructure and Application vendor to resolve complex issues and outages Perform root cause analysis and regular reporting to identify areas for review for improvements

Requirements

3 years of electronic trading experience and trading exposure in sell side banking sector.
University degree in computer science, engineering, mathematics, statistics or related discipline.
Understanding of FX payments workflows and product management experience
Thorough knowledge of macro markets and sales/trading/hedging strategies.
Strong understanding of local regulatory and financial concepts.
Advanced deal execution and/or project management skills.
Strong analytical, problem solving and risk management skills.
Excellent communication skills.

Responsibilities

Providing competitive pricing across electronic platforms
Collaborating with sales to originate and grow client relationships
Maintaining continuous oversight of the electronic trading environment to maximize efficiency, manage risk prudently, and ensure adherence to regulatory requirements
Operates as key member of the trading team with a focus on increasing electronic trading volumes and profitability
Driving business growth in electronic trading
Developing technology and infrastructure-based solutions for business objectives
Creating and developing new trading ideas and initiatives related to electronic trading
Responding to inquiries from clients, regulatory agencies or members of the business community in a professional manner and determines acceptable solutions
Supporting sales activities with trading strategies, product definition and market information customized to suit their client’s individual needs
Maintaining strong relationships with BMO’s sales team, matching electronic services and products to suit client business
Developing an understanding of and proficiency in using all required systems and models
Identifying opportunities for increased efficiency and improved service to internal and external clients and acts as a positive change agent to drive improved efficiency and effectiveness.
Act as a facilitator and coordinate between various teams like Infrastructure and Application vendor to resolve complex issues and outages
Performing root cause analysis and regular reporting to identify areas for review for improvements