Repo Trading Support Analyst

Address:

Description

• Provide day-to-day support for BMO’s global repo trading desks

• Efficiently and quickly answer inquiries from groups involved in global BMO Repo trading – Front/Middle Office, Trade Desk Support, Back Office, Risk, Collateral Management, Accounting/Settlement, others

• Participate in delivery of small-to-medium size enhancements to the existing processes as required by business priorities

• Participate in rollout of the new vendor functionality – testing, validation, coordination with vendors and other stakeholders, production rollout

• Develop strong partnership with the key business stakeholders and key technology contacts

• Act as an expert for all integration aspects of Repo systems, work with external teams when required to resolve an issue (e.g. market data providers, settlements systems, Collateral management, etc …)

• Resolve identified issues working with Repo trading system vendors and other external contacts such as trading venues, clearing houses, tri-party agents, and regulatory agencies

• Participate in activities related to system upgrades, infrastructure/security patching; ensure applications are validated and ready for business following system changes

Requirements

• At least 2-3 years of experience working with Repo trading systems in a typical sell-side organization

• Strong knowledge of all aspects of Repo trading: trade execution and lifecycle events, inventory and collateral management, settlements, electronic and tri-party trading, other

• Experience with outright bond trading and Interest Rate derivatives a strong asset for the role

• Experience with some of the following systems: Bondfire, Broadridge FinPro/Impact/SFCM, Bloomberg TOMS, FIS BondOne, Calypso, Anvil, Apex

• Experience building productivity tools/applications in Python and Excel/VBA a strong asset

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.