Director, Electronic Rates Trading & Strategy

Socket.dev; New York (NY); On-site; USD 260,000 - 275,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Retirement savings plans

Job summary

BMO Capital Markets in New York is seeking a Director or Vice President to lead electronic trading for US Rates within Global Markets. The role focuses on pricing, risk management and scaling technology-driven trading strategies across electronic platforms.

Responsibilities include designing algorithmic trading systems, collaborating with sales and trading teams, and driving growth while ensuring regulatory compliance. Strong markets knowledge and FINRA credentials are required.

Qualifications

• 5-7 years of electronic trading experience in sell-side banking (US Treasuries).
• University degree in computer science, engineering, mathematics, statistics or related discipline.
• Thorough knowledge of macro markets and sales/trading/hedging strategies.
• Strong understanding of local regulatory concepts.
• Advanced deal execution and/or project management skills.
• Strong analytical, problem solving and risk management skills.
• Excellent communication skills.

Responsibilities

• Primary risk management of electronic US Rates Trading business.
• Design and operate algorithmic trading systems to price, execute and hedge electronic franchise flow.
• Operates as key member of the trading team with a focus on increasing electronic trading volumes and profitability.
• Would rise to the challenge of driving business growth in electronic trading.
• Passion to develop technology and infrastructure-based solutions for business objectives.
• Creates and develops new trading ideas and initiatives related to electronic trading.
• Responds to inquiries from clients, regulatory agencies or members of the business community in a professional manner and determines acceptable solutions.
• Supports sales activities with trading strategies, product definition and market information customized to suit their client’s individual needs.
• Maintains strong relationships with BMO’s sales team, matching electronic services and products to suit client business.
• Develops an understanding of and proficiency in using all required systems and models.
• Identifies opportunities for increased efficiency and improved service to internal and external clients and acts as a positive change agent to drive improved efficiency and effectiveness.
• Act as a facilitator and coordinate between various teams like Infrastructure and Application vendor to resolve complex issues and outages.

Skills

Electronic trading

Analytical skills

Communication skills

Risk management

Project management

US Rates market knowledge

Education

Bachelor's degree in computer science/engineering/math/statistics

Job description

BMO Capital Markets in New York is seeking a Director or Vice President to lead electronic trading for US Rates within Global Markets. The role focuses on pricing, risk management and scaling technology-driven trading strategies across electronic platforms.

Responsibilities include designing algorithmic trading systems, collaborating with sales and trading teams, and driving growth while ensuring regulatory compliance. Strong markets knowledge and FINRA credentials are required.