Managing Director - Global Markets
About the job
- Typically 9+ years of relevant experience and a post-secondary degree in a related field, or an equivalent combination of education and experience.
- A degree in Accounting, Economics, Mathematics, or Statistics is required; the Chartered Financial Analyst credential is preferred.
- Thorough knowledge of capital markets, pricing, and trading and hedging strategies, with familiarity with related concepts, practices, and procedures.
- Strong understanding of trading procedures and broader regulatory and financial concepts.
- Series 7, Series 63, and Series 55 licenses are required.
- Strong quantitative analysis, technology, and financial analysis skills.
- Strong risk management, fundamental analysis, and leadership abilities.
- Extensive industry knowledge as a seasoned expert.
- Expert verbal and written communication skills.
- Expert analytical and problem-solving skills.
- Expert influence skills.
- Expert collaboration and team skills, with a focus on cross-group collaboration.
- Ability to manage ambiguity.
- Expert data-driven decision-making skills.
- Contribute to growing and elevating the BMO and BMO Capital Markets brand through community presence and engagement.
- Operate as a key member of deal teams to maximize sector penetration and returns.
- Institute cross-selling initiatives to increase client ranking.
- Use financial-markets expertise to cultivate relationships with existing and prospective clients, develop new client relationships, and win business.
- Manage a client book and remain accountable for its risk, profit and loss, and limits.
- Support sales and trading activities with customized strategies and market information, including assisting with client calls, presentations, and seminars.
- Develop and maintain relationships with client decision makers and provide strategic advice.
- Represent BMO's capabilities with new and existing clients.
- Recognize opportunities to cross-sell and increase share of client wallet.
- Develop marketing ideas and help initiate transactions through appropriate presentation of financial data.
- Provide comprehensive account coverage and client development, and prospect new clients to increase revenue in the assigned territory.
- Maintain relationships with investors, understand their portfolios, and match firm services and products to client needs.
- Work with sales, trading, and research teams to provide seamless client coverage, fulfill requests for market updates, and provide specific product information.
- Respond to inquiries from clients, regulatory agencies, and members of the business community, and determine acceptable solutions.
- Develop or facilitate client-focused solutions based on financial, organizational, technical, regulatory, and environmental awareness.
- Distill market and internal data to negotiate solutions, terms, and conditions with clients and internal counterparts.
- Identify and deliver opportunities to improve the client experience, bringing in partners where appropriate.
- Verify that confirmations for trades or sales are accurate and promptly delivered.
- Communicate transaction details to the brokerage community and custodians, and resolve settlement issues related to incorrect billing.
- Provide strategic input into business decisions as a trusted advisor.
- Develop market knowledge to provide comprehensive client service, create new solutions, and construct compelling recommendations.
- Read, analyze, and interpret technical journals, financial reports, and legal documents to better serve client needs.
- Maintain organizational, industry, and competitive knowledge and apply innovative practices to business results.
- Recommend business priorities, advise on resource requirements, and develop roadmaps for strategic execution.
- Develop and leverage relationships across businesses, senior leaders, and clients to support coordination.
- Ensure alignment between stakeholders.
- Cultivate relationships with the research team to understand industries and stock coverage.
- Apply probability, statistical inference, and other analytical methods, and complete or lead reliable technical and financial reports and analyses for client deliverables.
- Define problems, collect data, establish facts, and draw valid conclusions.
- Develop proficiency in required systems and models.
- Lead change-management programs, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment.
- Assist colleagues with research and resolution of administrative and operational issues.
- Assess the complexity and risks of transactions, including credit, market, operational, legal, and compliance risks.
- Assist colleagues with presentations and prepare proposals for review.
- Maintain and develop knowledge of client systems, applications, and the internal web-based research document database.
- Execute purchase and sale orders for securities or independently complete transactions when the brokerage firm is the market maker, accurately recording and reviewing all transactions.
- Review transactions to ensure accuracy and compliance with Securities and Exchange Commission, National Association of Securities Dealers, and other regulatory requirements.
- Track supply and demand and evaluate market development.
- Operate within position and loss limits to manage the bank's exposure prudently.
- Manage risk related to pricing and sales and trading of the book.
- Manage the firm's risk and take action to reduce exposure through client strategies, hedging strategies, and trading strategies.
- Balance the bank's risk appetite with client needs when making recommendations and proposals.
- Identify and act on opportunities for revenue generation, cost reduction, or capital optimization.
- Evaluate risk-return trade-offs and take accountability for assumed risks.
- Review external trading commentary and develop media sources for market updates.
- Drive improved efficiency and effectiveness in a leadership role.
- Incorporate risk, internal controls, and compliance into day-to-day activities and follow applicable policies and procedures.
- Operate at a group or enterprise-wide level as a senior specialist resource across BMO.
- Influence how teams and groups work together.
- Apply expertise and creative problem-solving to unique, ambiguous, complex, and interdependent situations.
- Communicate abstract concepts in simple terms.
- Build internal and external networks and work across multiple teams to achieve business objectives.
- Anticipate trends and implement appropriate changes.
- Apply the Risk Management Framework and approved Risk Appetite to make sound, risk-informed decisions that protect assets and comply with applicable policies, laws, and regulations.
- Chartered Financial Analyst credential.
About the company
Bank of Montreal (BMO) is a diversified financial services provider offering personal, business, and commercial banking, along with capital markets and wealth management, across Canada and the United States. Individuals use personal banking for everyday needs and loans, households can obtain mortgages and credit products, and businesses access commercial loans, treasury/cash management, and industry-specific advice. In capital markets, BMO assists clients with raising capital, trading, and research, while wealth management delivers investment strategies and asset management for portfolios. The company aims to help clients manage and grow their money through a full range of financial services for individuals, small businesses, large corporations, and public sector entities in North America.
Company Size
10,001+
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
1988
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Simplify's Take
What believers are saying
- Q3 2026 adjusted net income rose 19% to $2.859 billion.
- BMO opened Brent Reston as U.S. chief digital officer on August 24, 2026.
- March 17, 2026 plans add 130 California centers and 15 Arizona locations.
What critics are saying
- Q3 2026 reported net income fell 25% after a $962 million goodwill charge.
- Selling 138 Midwest branches cuts deposits and weakens local relationships through 2027.
- A failed Bank of the West integration would trap BMO in low-return U.S. scale.
What makes Bank of Montreal unique
- BMO's Canada-U.S. platform spans commercial, wealth, and capital markets under one brand.
- September 22, 2026 tokenized deposits with Canada’s six biggest banks widen payment leadership.
- BMO's California buildout pairs branch density with advice-led banking and local teams.
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Benefits
Health Insurance
Tuition Reimbursement
Accident and Life Insurance
401(k) Retirement Plan
Professional Development Budget
Hybrid Work Options
Company News
Big banks exploring Canadian dollar-based digital money with tokenized deposits. Daniel Johnson TORONTO - Canada's big banks are exploring the development of Canadian dollar-based digital money, starting with a tokenized deposits initiative. Tokenized deposits are traditional bank deposits recorded on a decentralized database or distributed ledger, such as a blockchain. The plan seeks to deliver faster, more efficient and programmable payments to Canadian customers while preserving safety, stability and effective regulatory oversight. It means Canadian dollars could be converted into tokens on blockchain for easier transfers, said Claire Célérier, Canada Research Chair in household finance at the University of Toronto's Rotman School of Management. "My understanding is that the six banks will share the same blockchain, and so it implies that transactions can be made instantaneously across wallets with tokens," she said. Bank of Montreal, CIBC, National Bank, Royal Bank, Scotiabank and TD Bank are taking a collaborative approach to the project. The tokens would be issued by commercial banks and from a legal perspective, depositors can treat them the same as traditional bank deposits. The banks say the first phase aims to move tokenized deposits between Canadian financial institutions. "It's really exploratory now. I think what they're saying is that they're willing to work together to develop the technology," Célérier said. She said the potential capabilities would be of particular benefit to large companies or institutional investors, allowing them to complete "more sophisticated transactions." "What I expect is that these tokenized dollars will be mostly used by large companies and so on who have accounts across these Canadian banks, and it will be used to move large amounts of money," she said. Cristian Bravo, professor and Canada Research Chair in banking and insurance analytics at Western University, said the potential change could allow large producers to settle accounts far faster than their typical 30-day window. "If you have an instant settlement, you're closing that gap and closing that inefficiency in the market. And the fact that you have the money when you fulfil the contract, that can help reduce dependency on working capital and mobilize that capital faster," he said. But Bravo said that due to the lack of historical examples, it is not clear how much of an effect the move could have on the bottom lines of companies or institutional investors that use it. Bravo said it is also notable that digital money is not the same as cryptocurrency, but rather a "digital ledger to move deposits in a very quick, instant way."
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St. Paul's Summit Brewing Company faces foreclosure. One of Minnesota's largest brewers could lose its St. Paul brewery to foreclosure after its lender sued them to collect more than $8 million worth of unpaid debt. In a lawsuit filed last week, BMO Bank alleges Summit Brewing Company missed a loan payment deadline at the end of last year. The bank then agreed to a forbearance period - holding off trying to collect the loan - until July 31. But BMO alleges in court filings that Summit indicated in a June letter that it still didn't have the ability to repay the loan, and that its "liquidity position and operational flexibility continue to deteriorate." BMO wants a judge to appoint a receiver who could "take possession of, manage, operate, and property" belonging to Summit, according to the lawsuit. In a statement to MPR News, Summit CEO Brandon Bland said they will continue to run their day-to-day operations during the proceedings, but he acknowledged the brewery is facing financial struggles. "Our Board and management team have made substantial efforts over many months to chart a different course for this company," Bland said. "This reflects the difficult capital environment the entire craft brewing industry is navigating, not a reflection of the strength of our brand, our people or our operating model." Summit said its company leaders have worked with outside advisors over the course of the last year to find alternative paths forward. "Despite these substantial efforts, the Company and BMO were unable to reach a resolution, and BMO has elected to proceed with the foreclosure action, including its request for the appointment of a general receiver," Summit said in the statement. Bland said they'll continue to look at every option available to them as the process moves forward. No court hearings have been scheduled in the case. Dear reader,. When our communities are navigating uncertainty, staying informed matters more than ever. At MPR News, we're committed to keeping Minnesotans informed and involved, curious and connected - and Minnesota Today is one way we do that. Getting these updates in your inbox helps you stay informed with trusted reporting and thoughtful context from across Minnesota.
Cannara Biotech has secured an $80 million syndicated credit facility with Bank of Montreal and The Toronto-Dominion Bank, marking a $30 million increase from its previous borrowing capacity of approximately $50 million. The Montreal-based cannabis producer will use the funds to refinance existing debt whilst providing additional liquidity for working capital and strategic investments. The restructured facility expands Cannara's revolving credit capacity from $10 million to $40 million and extends the maturity date from December 2027 to December 2029. BMO continues as administrative agent, with TD joining as co-lead arranger. The vertically integrated company operates two facilities in Québec spanning over 1.6 million square feet. Chief Executive Zohar Krivorot described the syndicated arrangement as a strong endorsement of the company's disciplined, profitable growth strategy.
Fortis Inc. announced on 9 September 2026 the pricing of a $1 billion public offering of junior subordinated notes maturing 30 March 2057. The issuance comprises two $500 million tranches with coupon rates of 6.625% and 6.875%. The St. John's, Newfoundland-based regulated electric and gas utility holding company plans to use net proceeds to repay maturing debt and support general corporate purposes. Closing is expected on 21 September 2026. The firm commitment offering is managed by a syndicate including Morgan Stanley, MUFG Securities Americas, Wells Fargo Securities, and BofA Securities as joint bookrunners. Fortis reported $12 billion in revenues in 2025 and held $79 billion in total assets as of 30 June 2026.