Bmo
Equity Derivatives Sales Team Member
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. The Institutional Equity Derivatives Sales Team is looking for a financial professional capable of working in a team environment to learn and build a business in equity derivatives. The clients are institutional investors. Currently BMO has a focus on insurance companies (Super Vertical) and asset managers. And the scope of clients can broaden to pensions, endowments, foundations and hedge funds. The products we trade are over the counter equity options, swaps and equity linked notes. At first, the team member will assist the senior members by performing several key functions such as: formatting client pricing requests into BMO standard form (RFPs). Generating summary deal terms upon the completion of a transaction (Executions). Generating reports and term sheets to clients summarizing deals (Term Sheets). They will also be involved in researching client positions and strategies using publicly available information. Also, they will have the chance to interact with clients during the pricing and execution of transactions. Once the team member has become proficient with the products and the pricing process they will have the opportunity to grow into a producing equity derivatives sales role. Candidates should be capable of working in a team environment, be able to handle stressful situations, have a sense of urgency, attention to detail and a high sense of personal responsibility. A working knowledge of Excel, coding, the financial markets and of derivatives is also useful for this role. Qualifications
Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Degree in Accounting/Economics/Mathematics/Statistics, CFA preferred. Working knowledge of financial markets with previous exposure to the financial markets and/or analysis gained through a combination of work and educational qualifications is required. Basic understanding of trading or sales procedures and broader regulatory and financial concepts. Series 7 and 63 licenses required or attained within 6 months. Demonstrates solid deal/transaction execution and/or project management skills. Technical proficiency gained through education and/or business experience. Verbal & written communication skills - In-depth. Collaboration & team skills - In-depth. Analytical and problem solving skills - In-depth. Influence skills - In-depth. Data driven decision making - In-depth. Base Salary
$140,000.00 - $170,000 USD Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. 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.
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. The Institutional Equity Derivatives Sales Team is looking for a financial professional capable of working in a team environment to learn and build a business in equity derivatives. The clients are institutional investors. Currently BMO has a focus on insurance companies (Super Vertical) and asset managers. And the scope of clients can broaden to pensions, endowments, foundations and hedge funds. The products we trade are over the counter equity options, swaps and equity linked notes. At first, the team member will assist the senior members by performing several key functions such as: formatting client pricing requests into BMO standard form (RFPs). Generating summary deal terms upon the completion of a transaction (Executions). Generating reports and term sheets to clients summarizing deals (Term Sheets). They will also be involved in researching client positions and strategies using publicly available information. Also, they will have the chance to interact with clients during the pricing and execution of transactions. Once the team member has become proficient with the products and the pricing process they will have the opportunity to grow into a producing equity derivatives sales role. Candidates should be capable of working in a team environment, be able to handle stressful situations, have a sense of urgency, attention to detail and a high sense of personal responsibility. A working knowledge of Excel, coding, the financial markets and of derivatives is also useful for this role. Qualifications
Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Degree in Accounting/Economics/Mathematics/Statistics, CFA preferred. Working knowledge of financial markets with previous exposure to the financial markets and/or analysis gained through a combination of work and educational qualifications is required. Basic understanding of trading or sales procedures and broader regulatory and financial concepts. Series 7 and 63 licenses required or attained within 6 months. Demonstrates solid deal/transaction execution and/or project management skills. Technical proficiency gained through education and/or business experience. Verbal & written communication skills - In-depth. Collaboration & team skills - In-depth. Analytical and problem solving skills - In-depth. Influence skills - In-depth. Data driven decision making - In-depth. Base Salary
$140,000.00 - $170,000 USD Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. 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.