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
Desk Description:
BMO Capital Markets is a leading liquidity provider in the North American ETF market. Our ETF Market Making desk provides continuous two-way markets across a broad range of domestic and international ETFs, supporting both primary and secondary market liquidity. We work closely with ETF issuers, institutional clients, and capital markets partners to deliver efficient execution, competitive pricing, and deep market insights. The desk leverages data-driven trading, quantitative models, and multi-asset coverage to manage risk and facilitate client flows across global markets. Our team culture values innovation, collaboration, and disciplined risk management.
Key Responsibilities:
Provide two-way markets and manage risk across equity and multi-asset ETFs.
Contribute to systematic strategy development through data validation, parameter tuning, and performance analysis.
Partner with technology and quant teams to identify and implement workflow automation to improve pricing, quoting, hedging, and booking efficiency.
Challenge existing desk workflows with a continuous improvement mindset, focusing on scalability, latency, and reliability.
Participate in day-to-day trading operations, including trade booking, reconciliation, and risk reporting.
Qualification:
Minimum 3 years of industry experience in ETF, Equity or Derivatives trading
Option, structured product experience is a plus
Strong quantitative, analytical, and programming skills (Python or similar)
Solid understanding of market structure
Excellent attention to detail and ability to work under pressure in fast-moving markets
Bachelor’s or Master degree in Finance, Engineering, Computer Science, Mathematics, or related field
Exceptional communication and teamwork skills; comfortable engaging with internal and external stakeholders
Why Join Us
Be part of one of Canada’s leading ETF market making teams, recognized for innovation and execution excellence.
Exposure to a diverse set of global markets, asset classes, and liquidity strategies
Collaborative culture that values initiative curiosity, and technology-driven problem solving
Opportunities for growth and development within a high-performance trading environment
Please note the anticipated base salary for this role at the Associate level is $120,000 CAD and the base salary for this role at the VP level is $160,000 CAD
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.
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BMO is a top ten North American bank that provides personal and commercial banking, global markets and investment banking services to 13 million customers and clients. Founded in 1817, we’re driven by our Purpose: Boldly Grow the Good in business and life. BMO has established itself as a destination for top talent, with an employee experience that’s built on personalized career development opportunities, a performance-driven winning culture, competitive rewards and benefits, and a deepcommitment to the health and well-being of our people.
If you’re ambitious, curious, creative, and eager to make an impact, you should consider BMO as a place to build your career.
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