Address
Form of workApplication Deadline:
04/17/2024
Address:
151 W 42nd Street
Job Family Group:
Capital Mrkts Sales & Service
BMO Capital Markets
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 2,800 professionals in 35 locations around the world, including 23 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$924 billion total assets and approximately 57,000 employees as of April 30, 2023.
Summer Analyst Program Overview:
Summer Analysts work in the Global Markets Group of BMO Capital Markets. A variety of desks host Summer Analysts including Equity Sales and Trading, Clearpool E-trading, Prime Finance, Structured Notes Sales and Trading, Leveraged Finance, Securitized Products Sales and Trading, Origination, US Interest Rates Sales and Trading and Global Markets Engineering.
Summer interns will work on one desk in Global Markets over a 10-week period. Interns will be provided with desk job descriptions prior to starting. Each intern will complete one week of onboarding and training with other interns across BMO Capital Markets. During this first week interns will hear from teams across Global Markets at the Showcase day and partake in a matching process based on preference and skill set. There are continuous professional development activities throughout the summer. These activities include teach-ins, trading games, meetings with senior leaders, and networking events with both peers and Senior Leadership.
Responsibilities:
Summer interns are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment. Depending on the assigned desk, intern skill set, and business needs, responsibilities may include:
- 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, or client research and data analytics
- Creating client presentation materials using PowerPoint and Excel
- Developing client trade ideas
- Planning client events
- Recapping and organizing market data and events
- Shadowing and learning from Trading, Sales, and Strategy professionals
Qualifications:
We are looking for highly motivated individuals who can work well in a competitive, market-driven, team-based environment and seek a challenge. Global Markets encompasses a diverse group of individuals with a variety of skill sets and job functions. We look to create a diverse intern class that can fit into different roles across Global Markets.
Required Qualifications:
- Currently enrolled in an undergraduate program with a graduation date of December 2025 or Spring 2026
- Strong academic record -minimum 3.4/4.0 GPA
- Extracurricular achievement;
- Demonstrated interest in and knowledge of financial 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.
- Must be authorized to work in the US and not require sponsorship
Additional Preferred Technical Qualifications:
- 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.
The annual base salary for this position is $100,000.00
Compensation and Benefits:
Pay Type:
Salaried
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
We're here to help
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 http://jobs.bmo.com/us/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. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. 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.
