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Analyst/Associate, FX Commercial Sales - R250013009 Calgary

BMO Bank of Montreal

Calgary, Alberta

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  Save this job      2025-06-20

Analyst/Associate, FX Commercial Sales - R250013009 Calgary

BMO Bank of Montreal

Calgary, Alberta

 

Salary: The salary for Analyst level role is CAD $95,000

 

Application Deadline:

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

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 Summary:

Reporting directly to the Director & Head, Commercial FX Sales, this position is responsible for quoting and booking foreign exchange transactions for branches and mid-sized corporates 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 branch representatives, and by ensuring accurate information is available and easily accessible.

Job Responsibilities:

1) Commercial / Retail FX sales

2) Systems and Information Management

Specific Accountabilities:

1) Commercial Client FX Sales.

• Provide pricing of foreign exchange currencies to Bank of Montreal commercial client segment
• Utilize data analysis skillset to identify new client opportunities.
• Quote & execute spot, forward, swap & options trades.
• Provide demos of Online Banking for Business (OLBB) to clients and troubleshoot issues

• Assist with onboarding & regulatory requirements for new clients

• Produce written presentations and pitch material as required

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

2) Branch/Client Relations

• Provide pricing of foreign exchange currencies to Bank of Montreal branches
• Quote spot and forward rates to branches as needed
• Provide demos of Online Banking for Business (OLBB) to clients and troubleshoot issues
• Ensure all branch and direct dealing transactions are correctly booked

• Assist with onboarding requirements for new clients

• Produce written presentations and pitch material as required

3) Systems and Information Management

• Ensure all systems rates are current and update when required
• Assist mid-market group with electronic systems
• Use appropriate systems to accurately price FX products
• Quote cross prices as needed i.e. €/£
• Manage a portfolio of small exotic currencies used for branch transactions, ensuring profitability is maximized.

Authorities:

• Advisory: This role provides FX pricing and information to branches and direct dealing corporate clients.
• Information Access: Authority to use and access confidential information related to product and financial information.
• Veto: Authority to stop something from happening because of significant compliance and risk exposure.

Cross Functional Relationships:

This job requires the incumbent to interact with the following processes and/or groups in BMOCM:

• Global Markets
• Personal & Business Banking
• Canadian Commercial Banking
• Corporate Services: Compliance, Corporate Risk, Human Resources

Qualifications, Capabilities and Skills:

• 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, performing financial analysis in a client facing role is preferred
• Familiarity with basic derivatives including options and swaps

• Excellent analytical skills
• Strong attention to detail
• Highly developed professional written and oral communication skills with a proactive mindset
• 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.
• Strong interpersonal skills to work with team members, other groups, and clients. Need to be personable, confident, credible
• 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

Base Pay Range

The salary for Analyst level role is CAD $95,000

The salary range for Associate level is CAD $110,000 to $120,000

Level and salary is subject to the candidate meeting the specific skills, experience, education, and qualification requirements.

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.

About BMO Bank of Montreal

Careers for service members, veterans and their families

We’re proud to be the official bank of the Canadian Defence Community – and that goes beyond supporting your financial well-being. We value the skills you’ve earned in the military, and we’re here to help as you move into the next stage of your professional life.

BMO is a Poppy Campaign partner and invests over $265k per year in 3+ signature sponsorship properties, including the Canada Army Run, the Navy Bike Ride, and the RCAF Run.

• Next February, BMO will proudly support Veterans as an official Gold Sponsor of the Invictus Games – Vancouver Whistler 2025 which will welcome more than 500 competitors from 25 nations to experience the first ever Winter Games in Invictus Games history. The Games will also raise awareness of Indigenous CAF members and highlight the extraordinary service of Indigenous Veterans dating back over 200 years.
• We have committed over $2.25 million in major gifts in recent past, including pledges to Homes for Heroes and Canada Company.

At BMO, you’ll have the opportunity to use your commitment, discipline, and dedication to teamwork to make a difference. Come and grow your career with us.