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Bank of Montreal

Runs Canadian and US banks for people and firms

Director U.S. Corporate FX - Corporate Hedging Solutions

Sales & TradingConfirmed live in the last 24 hours
Full-timeNew York, NY, USAIn-person

About the Job

Requirements

  • At least 6 years of experience in foreign exchange sales, with a strong understanding of FX markets and products.
  • Experience working directly with corporate clients, including corporate treasurers and senior executives.
  • Strong knowledge and experience applying foreign exchange markets, products, and concepts to corporate hedging strategies.
  • An undergraduate degree in Business, Finance, Mathematics, or a related field.
  • Experience with WSS, Murex, or equivalent front-office booking systems, and familiarity working alongside electronic FX dealing platforms.
  • Working knowledge of Bloomberg and Microsoft Office, including Word, PowerPoint, and Excel.
  • Strong sales skills and relevant experience.
  • Highly developed written and oral communication skills.
  • Strong interpersonal skills in a demanding team environment.
  • Ability to be creative, insightful, and resourceful in performing duties.
  • Ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized manner.
  • Excellent analytical and quantitative skills.
  • Experience selling and strong capability in pricing and modeling FX options, exotics, and structured FX solutions.
  • Self-motivation to keep up to date on product knowledge and market news.

Responsibilities

  • Lead pitching activities with corporate treasurers and senior executives.
  • Market BMO’s capabilities in foreign exchange products and solutions effectively and compellingly.
  • Develop value-added FX trade ideas that apply economic, political, and market trends.
  • Conceptualize and deploy creative solutions for client FX risk-management requirements.
  • Assist in negotiating key derivative legal documentation.
  • Partner with Investment and Corporate Banking to support client relationships and business development.
  • Expand the Corporate Hedging Solutions client coverage map where there are blind spots and enhance existing relationships.
  • Engage in frequent, thoughtful touchpoints with key client relationships to build trust and demonstrate value.
  • Deliver high-touch, seamless service to key clients.
  • Accurately price and execute foreign exchange products, including spot, forwards, swaps, options, exotics, and structured FX solutions.
  • Work collaboratively with FX traders and structurers to understand and manage underlying risks.
  • Understand resource constraints and manage client trading activity efficiently.
  • Digest and understand the nature of structured FX requests from clients.
  • Accurately and efficiently model risks associated with client FX transactions and restructuring opportunities.
  • Structure trades, precisely incorporating trader and structurer inputs.
  • Model scenario analysis under various FX hedging strategies.
  • Build strong internal relationships with Investment and Corporate Banking and trading teams to offer value-added client solutions while adhering to product and risk limits.
  • Coordinate with internal partners, including back office and legal, to assist in improving processes for the best client experience.
  • Support the development of junior team members as part of a dynamic and collaborative work environment.

Desired Qualifications

  • Understanding of hedge accounting concepts and their applicability to client solutions.
  • Familiarity with XVA, RWA, and bank resource management concepts.

About the Company

Bank of Montreal

Runs Canadian and US banks for people and firms

Bank of Montreal, known as BMO, runs a Canadian bank and a large American bank, serving households and businesses on both sides of the border. Until the Bank of Canada opened in 1935, it acted as the Canadian government's banker. People use its branches and apps for accounts, mortgages, credit cards, and investments, while companies borrow from it and turn to its BMO Capital Markets arm to raise money and trade securities. BMO makes money on the gap between the interest it charges on loans and pays on deposits, plus fees from managing wealth and advising on deals. Bank of Montreal was founded in 1817 as Canada's first bank, and it keeps its legal head office in Montreal and its executive offices in Toronto, Canada.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1817

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