Fx Operations Jobs in Quebec (NOW HIRING)

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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
BMOMarches des capitaux est un fournisseur de premier plan de services financiers complets. Nous offrons des services de banque d'affaires et des services bancaires aux societes, des services de gestion de tresorerie ainsi que des services de recherche et de conseil a des clients partout dans le monde. #BMOMarchesDesCapitaux

The Corporate Sales & Structuring group is a team within Trading Products Fixed Income, Currencies & Commodities (FICC) responsible for originating and executing hedging and financing transactions for BMO's corporate and commercial clients. Working closely with investment, corporate and commercial banking, the team serves as product experts with a coverage universe including foreign exchange, interest rate and equity derivatives, structured finance, equity linked securities and commodities.

JOB PURPOSE:

Reporting directly to the Director & Head, Canadian Commercial FX Sales, this position is a client facing role, responsible for quoting, executing and designing/presenting foreign exchange risk management solution transactions for mid/large-sized commercial entities across Canada. The candidate contributes to the overall profitability of the Foreign Exchange Group through the maintenance of strong relationships with commercial clients, internal partners and by ensuring proactive engagement within the client segment.

KEY ACCOUNTABILITY AREAS:

1) Commercial Client FX Sales.

• Provide pricing of foreign exchange currencies to Bank of Montreal commercial client segment

• Quote & execute spot, forward, swap & options trades.

• Proactively engage commercial banking clients with FX trade ideas & risk management solutions.

• Utilize data analysis skillset & internal relationships to identify new client opportunities.

• Provide demos of Online Banking for Business (OLBB) to clients and troubleshoot issues

• Assist with onboarding & regulatory requirements for new clients

• Research and analyze financial market data; summarize data for recent trends and market developments

2) Systems and Information Management

• Utilize Bloomberg & internal currency pricing tools & systems.

• Assist mid-market group with electronic systems

• Use appropriate systems to accurately price FX products & monitor credit exposures.

• Incorporate AI tools to improve efficiencies.

KNOWLEDGE AND SKILLS:

Knowledge

• An undergraduate degree with outstanding academic achievement

• Specific academic coursework in finance, economics, math, engineering or accounting

• Strong understanding of, and keen interest in, the operation of the financial markets

• Relevant experience within financial markets in a client facing role is preferred

• Familiarity with basic derivatives including options and swaps

Skills

• Strong interpersonal skills to work with team members, other groups, and clients. Need to be personable, confident, credible.

• Highly developed professional written and oral communication skills with a proactive mindset

• Excellent analytical skills

• Strong attention to detail

• Expertise in financial computer applications and database management tools including MS Excel. Strong proficiency in other Microsoft Office products

• Programming ability in VBA desired but not required

• Ability to be creative, insightful and resourceful in performance of duties.

• Ability to function in a demanding team environment, multi-task under what can be short timelines, and manage multiple projects and requests in an organized manner

• Excellent capability to independently function as part of a team through self-motivation.

Please note the base salary for this role is $160,000 CAD.

L'equipe Ventes aux societes et structuration est une equipe au sein de l'equipe Titres a revenu fixe, devises et marchandises(TRFDM), Produits de negociation responsable de l'etablissement et de l'execution des transactions de couverture et de financement pour les entreprises clientes de BMO. En etroite collaboration avec les equipes Placements et les Services bancaires aux grandes entreprises et aux societes, les membres de l'equipe agissent a titre d'experts en produits dans les domaines des operations de change, des produits derives de taux d'interet et d'actions, du financement structure, des titres rattaches a des actions et des produits de base.

OBJECTIF DU POSTE

Relevant directement du directeur general et chef, Ventes, Operations de change, Services bancaires aux grandes entreprises au Canada, le titulaire de ce poste est en contact direct avec les clients et est responsable de la soumission, de l'execution et de la presentation des transactions relatives aux solutions de gestion du risque de change pour les moyennes et grandes entreprises a l'echelle du Canada. Le candidat contribue a la rentabilite globale de l'equipe Operations de change en entretenant de solides relations avec les entreprises clientes et les partenaires internes et en assurant une mobilisation proactive au sein du segment de clientele.

PRINCIPAUX DOMAINES DE RESPONSABILITE

1) Ventes liees aux operations de change aupres des entreprises clientes.

• Communiquer la tarification des devises au segment des entreprises clientes de la Banque de Montreal.

• Proposer et executer des operations au comptant, des operations a livraison differee, des swaps et des operations sur options.

• Mobiliser de facon proactive les clients des Services bancaires aux grandes entreprises au moyen d'idees d'operations de change et de solutions de gestion des risques.

• Utiliser ses competences en analyse des donnees et ses relations internes pour reperer de nouvelles occasions pour les clients.

• Faire des demonstrations des Services bancaires en ligne pour entreprises(SBLE) aux clients et resoudre les problemes.

• Apporter son aide a l'egard des exigences d'integration et reglementaires applicables aux nouveaux clients.

• Rechercher et analyser des donnees sur les marches financiers. Resumer les donnees relatives aux tendances recentes et a l'evolution des marches.

2) Gestion des systemes et de l'information

• Utiliser les outils de Bloomberg ainsi que les outils et systemes internes d'etablissement des cours de change.

• Aider les moyennes entreprises avec les systemes electroniques.

• Utiliser les systemes appropries pour etablir la tarification exacte des produits de change et surveiller le risque de credit.

• Integrer des outils d'IA pour ameliorer l'efficience.

CONNAISSANCES ET COMPETENCES

Connaissances

• Diplome de premiercycle demontrant des resultats scolaires exceptionnels.

• Cursus universitaire en finance, en economie, en mathematiques, en ingenierie ou en comptabilite.

• Solide comprehension du fonctionnement des marches financiers et vif interet pour ce dernier.

• Experience pertinente au sein des marches financiers dans un poste en contact avec la clientele est souhaitable.

• Connaissance des produits derives de base, y compris les options et les swaps.

Competences

• Solides aptitudes interpersonnelles pour travailler avec les membres de l'equipe, les autres groupes et les clients. Personne sympathique, sure d'elle, credible.

• Solides aptitudes professionnelles en communication, tant a l'oral qu'a l'ecrit, avec un etat d'esprit proactif.

• Excellentes competences d'analyse.

• Grand souci du detail.

• Expertise des logiciels financiers et des outils de gestion de bases de donnees, dont MicrosoftExcel. Maitrise des autres produits MicrosoftOffice.

• Capacite de programmation dans VBA souhaitable, mais non requise.

• Capacite a faire preuve de creativite, de perspicacite et d'ingeniosite dans l'execution des taches.

• Capacite a travailler dans un environnement d'equipe exigeant, a effectuer plusieurs taches dans des delais parfois courts et a gerer plusieurs projets et demandes de maniere organisee.

• Excellente capacite a travailler de maniere autonome au sein d'une equipe par motivation personnelle.

Veuillez noter que le salaire de base pour ce poste est de 160000$CA.

You're fluent in French and English as this role provides support to clients and team members inside and/or outside the province of Quebec.

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. 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

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.