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BMO Financial Group Algo Trading Developer in New York, New York


17 State St #3801

Job Family Group:

Data Analytics & Reporting

We are seeking a strong motivated individual to be part of Clearpool’s Electronic Algo Trading team to build and enhance our core algorithmic trading platforms and strategies. The algo trading developer will continually interact with multiple teams including sales/marketing/quants to implement new robust trading features and improve on our existing strategy offerings. A successful candidate has a keen interest in developing low latency trading systems in Java.

  • Design & develop robust software solutions for Clearpool’s Algorithmic Management System

  • Devise new algorithms and data structures for target environment and platform attributes in alignment with architectural patterns

  • Create thorough test cases to ensure software stability and reliability

  • Collaborate with the quant team in researching and implementing changes to the trading system

  • Communicate with sales and marketing team about new features and existing strategy behaviors

  • Collaborates with sales team and external clients on algorithm customizations.

  • Support production issues, including independently completing root-cause analysis and diagnosis.

  • Provide input to product development and marketing to grow the overall business.

  • Work with stakeholders to identify the business requirements, understand distinct problems and expected outcomes, and models and frames business scenarios which impact critical business processes and/or decisions.


  • BA/BS degree in Computer Science or equivalent practical experience

  • Strong understanding of financial markets and electronic trading systems

  • Strong analytical and problem-solving skills

  • 2-4 years of professional core Java development experience

  • 2-4 years of professional experience in financial services

  • Experience working with or developing electronic trading algorithms, such as TWAP, VWAP, and Smart Order Routing

  • Experience with Equity markets and/or derivatives, such as Options

  • Experience with optimizing software performance and reducing latency

  • Experience with multi-threaded programming

  • Familiar with the FIX protocol

  • Strong verbal and written communication skills; eager to ask questions; able to clearly explain ideas

  • Experience with JUnit testing

We’re here to help

At BMO Harris Bank 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 Harris Bank 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.

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BMO Harris Bank 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 Harris Bank N.A. 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.

BMO Financial GroupServing customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.