Vice President, Market Data Development

BMO Financial Group; United States; Remote; USD 112,000 - 209,000; Full time

Job summary

A leading financial institution is seeking a technology professional to develop and implement statistical models for trading strategies. This role requires experience in building distributed programs and coding proprietary models. Candidates should have 7+ years in relevant fields with a strong expertise in financial markets and automation. This position offers competitive compensation and an opportunity to innovate within a fast-paced environment.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Discretionary bonuses

Qualifications

• Typically 7+ years of relevant experience.
• Seasoned professional with a combination of education, experience and industry knowledge.

Responsibilities

• Develops and implements statistical models for computerized trading strategies.
• Builds large-scale distributed computing programs.
• Codes and improves proprietary algorithms and models.
• Designs solutions with high reliability and scalability.
• Completes data preparation and modeling tasks.
• Operates as a hands-on technologist to deliver solutions.

Skills

Adaptability

Learning Agility

Building and managing relationships

Risk analytics

Financial markets

Finance

Pricing securities

Creative thinking

Computer Science

Applied Mathematics

Programming

Statistical Models

Data structures

Automation

Verbal and written communication skills

Analytical and problem solving skills

Collaboration and team skills

Data driven decision making

Education

Post-secondary degree in related field

Job description

Overview

Application Deadline: 10/09/2025

Address: VIRTUAL(U)32 - HomeRes - NY

Job Family Group: Technology

Salary: 112,200.00 - 209,000.00

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: jobs.bmo.com/global/en/Total-Rewards

Responsibilities

• Develops, analyzes, and implements statistical models for computerized financial trading strategies and quantitative finance techniques. Understands and adopts strategies to apply automation. Utilizes creativity and innovation to create novel approaches and solutions to trade profitably in markets. Applies expertise in the financial domain and coding of strategies for algorithmic traders to convert them into algorithms. Provides simple solutions to more complex trading problems through deep quantitative analysis with mathematics computations.
• Builds large-scale distributed computing programs to generate analytics and present results in user-friendly visualizations.
• Codes, innovates and improves proprietary models and algorithms.
• Designs and delivers solutions with high reliability, resiliency and scalability.
• Completes data preparation, data testing and modeling tasks in accordance with established policies, standards and accepted modeling practices.
• Performs as a specialist in all areas of the software life cycle and operates as a hands-on technologist to deliver solutions.
• Supports the design, development, and maintenance of a high performance automated trading platform and supporting infrastructure.
• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
• Implements changes in response to shifting trends.
• Broader work or accountabilities may be assigned as needed.

Qualifications

Intermediate level of proficiency:

• Adaptability.
• Learning Agility.
• Building and managing relationships.

Advanced level of proficiency:

• Risk analytics, financial markets.
• Finance.
• Pricing securities.
• Creative thinking.
• Computer Science.
• Applied Mathematics.
• Programming.
• Statistical Models.
• Data structures.
• Automation.
• Verbal and written communication skills.
• Analytical and problem solving skills.
• Collaboration and team skills; with a focus on cross-group collaboration.
• Able to manage ambiguity.
• Data driven decision making.
• Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Seasoned professional with a combination of education, experience and industry knowledge.

About Us

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an email to [e-mail] and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.