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BMO Financial Group Equity Derivatives Trader, VP/Director in New York, New York


3 Times Square

Job Family Group:

Capital Mrkts Sales & Service

Equity Structured Products US – Cross Asset Solutions

Job Description:

  • Manage the derivatives positions and risks related to the US Equity Structured Products business

  • Pricing and execution of exotic option products, including, but not limited to, autocallables, worst-of products, barrier products, and quanto products

  • Ensure all positions are properly booked and reflected in risk systems

  • Make trading decisions based on a strong understanding of risks; effectively evaluate risk-return trade-offs, and proactively take accountability for risks assumed

  • Maintain market data including volatility surfaces, dividends, repo, correlations, etc.

  • Adheres to all internal protocols and limits

  • Liaise with Sales and Structuring in developing new products

  • Coordinate with Quants to test new models

  • Work with Technology to develop new tools and automate processes

  • Develop strong market knowledge to provide comprehensive service to clients, develop new solutions, and construct compelling recommendations

  • Recommend business priorities, advise on resource requirements, and develop roadmap for strategic execution


  • Minimum 5 years of equity options trading experience in a similar role at a financial institution

  • Bachelor’s degree (or foreign equivalent) in Economics, Math, Engineering, Finance, Science or related field

  • Knowledge of the US structured products market, in pricing, trading, and hedging

  • FINRA registered in Series 7, 57, 63

  • Programming skills strongly preferred

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 Group Serving 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.