Vice President, Quantitative Analyst (Strat) – Commodity Pricing & Position Management

BMO • Toronto, ON

69d • $160,000

About The Position

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets We are seeking a highly skilled and motivated Quantitative Analyst (Strat) to design, build, and maintain models and tools for commodity pricing and position management. The role will begin with .Net and Excel-based development and transition into working with our engineers to build scalable web applications. The ideal candidate will have a strong technical background, deep understanding of commodity markets, and the ability to work closely with trading and risk teams.

Requirements

• Bachelor’s or graduate degree in Physics, Engineering, Computer Science, Mathematics or related field.
• 2+ years of experience in a strat, quant, or developer role within commodities or related asset class.
• Solid understanding of commodity markets and pricing methodologies.
• Strong proficiency in Excel (including VBA etc).
• Programming experience in Python or C#.
• Excellent communication and problem-solving skills.

Nice To Haves

• Programming experience in JavaScript and familiarity with web frameworks
• Familiarity with SQL and relational databases.
• Experience with ETRM systems (e.g., Endur, Openlink).
• Knowledge of risk metrics (VaR, Greeks) and curve construction.

Responsibilities

• Develop and maintain .Net based mathematical finance library for commodity models.
• Develop and maintain Excel-based pricing models and position tracking tools.
• Utilize the in-house engineering framework to build web-based or GUI applications for the trading desk.
• Automate data workflows and integrate external/internal data sources.
• Collaborate with traders, risk managers, and IT to gather requirements and deliver solutions.
• Ensure tools are robust, scalable, and aligned with trading strategies and risk policies.
• Document models, workflows, and application architecture.

Benefits

• BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
• To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

What This Job Offers

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