Fixed Income Trading Analyst

BMO; Toronto; On-site; CAD 70,000 - 150,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Life insurance

Retirement savings plan

Job summary

BMO Financial Group is seeking a senior team member to lead multiple workstreams focused on fixed income trading platforms. You will collaborate with Agile teams to translate requirements, develop test plans, and validate results while maintaining strong partnerships with business stakeholders and technology partners.

Responsibilities include building overall plans, tracking progress in daily scrums, and coordinating with external vendors to align with BMO’s objectives.

Qualifications

• Proven ability to deliver value to fixed income traders with clear correlation to business benefits.
• Strong knowledge of broker/dealer Fixed Income trading – pricing, risk, RFQ/position/inventory management, clearing/settlements, regulatory.
• Up-to-date knowledge of electronic bond trading – venues, offerings, connectivity, integration, regional aspects.

Responsibilities

• Lead workstreams to build, consolidate and improve fixed income trading platforms.
• Collaborate with Agile teams to write Epics and User Stories for two-week sprints.
• QA: develop test plans, execute tests and validate results.
• Build partnerships with business stakeholders and technology partners.
• Work with PM and Product Owner to develop plans and strategy.
• Track progress in daily scrums and weekly team meetings.
• Coordinate with external vendors to align with goals.

Skills

Analytical thinking

Detail-oriented

Investigating complex issues

Tools

Bloomberg-TOMS/E-TOMS

Broadway

Broadridge ICI Impact

FIS BondOne

BondFire

FinPro/SFCM

Calypso

SQL

Excel

Java

Python

Linux

Job description

Application Deadline:

09/13/2026

Address:

100 King Street West

Job Family Group:

Technology

Description:

• Lead various workstreams associated with BMO’s program to build, consolidate and improve fixed income trading platforms
• Work very closely with the Agile development team to formulate requirements (Epics, User Stories) following the two-weeks sprint cycles
• QA: test plans, execution and validation
• Develop strong partnership with the key business stakeholders and key technology partners
• Work with PM, Product Owner and others to build an overall plan and strategy
• Track and communicate progress in daily scrums and weekly team meetings
• Work with external vendors to align with BMO’s goals and objectives

Requirements:

• Proven ability to deliver value to fixed income traders with clear correlation to business benefits
• Strong knowledge of all aspects of broker/dealer Fixed Income trading – pricing/Risk, RFQ/position/inventory management, clearing/settlements, regulatory
• Strong and up-to-date knowledge of electronic bond trading – venues (CanDeal, Tradeweb, MarketAxxess, etc), offerings, connectivity, application integration, engagement model, regional aspects
• In-depth knowledge of various flavours of bonds – Governments, SSAs, Corporates, Provincials/Municipals, IG vs HY, etc …
• Knowledge of IR derivatives a strong asset
• Strong experience of Bloomberg-TOMS/E-TOMS
• Relevant knowledge of at least one of the following: Broadway, Broadridge ICI Impact, FIS BondOne (DSTS), BondFire, FinPro/SFCM, Calypso
• Essential knowledge of SQL. Java/Python/Linux or past experience developing software a strong asset
• Strong Excel skills
• Use of AI tools to drive productivity and accelerate time-to-market
• Proven track establishing strong building strong alliances with key business stakeholders
• Strong knowledge of requirements/design methodology
• Detail oriented, analytical and capable of investigating complex/technical issues

Salary** :**

$70,000.00 - $150,000.00

Pay Type:

Salaried

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.