BMO Capital Markets Fall 2026 Global Markets Analyst, Commodity Derivatives, Calgary

BMO•Calgary, AB

1d•$100,000 - $100,000•Onsite

About The Position

Co-op Analysts work in the Global Markets Group of BMO Capital Markets, comprising Client Coverage, Origination, Digital and Liquid Trading, Structured Products Trading, Equity Products, and Financial Resource Management. Global Markets serves institutional, corporate, and government clients. Co-ops will work on one desk in Global Markets with a specific role available in Calgary for the fall term, the potential candidate would work on the commodity derivatives desk in Calgary and will work alongside a team of energy professionals in fast paced and competitive environment. Throughout the term there will be opportunities for continuous professional development activities. These activities include teach-ins, trading games, meetings with senior leaders, and networking events with both peers and Senior Leadership. BMO’s Energy commodities market making desk (market maker is defined as a liquidity provider that both buys and sells tradeable assets in a given market) serves clients primarily based in Canada and the US. Four commodity market professionals are based in Calgary with additional team members across Toronto, London, and New York. Serve clients across the energy value chain: upstream (producers), midstream (pipelines & infrastructure), downstream (refining), and end use consumers. Ability to transact in multiple commodities including Crude Oil, Natural Gas, and Refined Products (both financially and physically). Tailor structures and products to client needs with varying complexity, including fixed price swaps, basis swaps, option structures, inventory finance and storage.

Requirements

Currently enrolled in an undergraduate or non-MBA Master’s program with a graduation date of December 2027, 2028, 2029
Strong academic record
Extracurricular achievement
Demonstrated interest in and knowledge of financial and/or energy 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

Nice To Haves

Currently working towards a degree in: Finance, Engineering, Actuarial Science, Computer Science, Mathematics, Physics, or Statistics
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, VBA)
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 scripting and efficient spreadsheet design
Strong technical writing ability

Responsibilities

Development and deployment of business solutions such as pricing and risk models
Market data capture and display, spreadsheet development
Providing insight into trading strategies leveraging quantitative modelling
Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc.
Bespoke projects requiring market, portfolio, and/or client research and data analytics
Creating client presentation materials using PowerPoint and Excel
Developing client trade ideas
Planning/supporting client events
Recapping and organizing market data and events
Shadowing and learning from Trading, Sales, and Strategy professionals
Analysis of market fundamentals as it relates to global and Canadian crude oil and gas markets, along with daily responsibilities and ad hoc projects.
Review and organize existing models
Buildout Canadian Crude data feeds using existing third-party subscriptions and web scrapes when necessary, improve on existing infrastructure, and further adhoc projects for both sales and trading.
Assisting with the maintenance and distribution of existing marketing infrastructure, pitch books, and market analysis