VP, Equity Derivatives Structuring

BMO Capital Markets Corp.; New York (NY); On-site; USD 234,000 - 286,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Life insurance

Retirement savings plans

Job summary

BMO Capital Markets seeks a highly motivated quantitative professional to join its Equity Derivatives Structuring team in New York. You will design, price, and implement equity derivative solutions for institutional and wealth-management clients, blending quantitative analysis with commercial insight.

Ideal candidates hold a Master’s in a quantitative field, strong Python skills, and solid knowledge of derivatives pricing.

Qualifications

• Master's degree in Quantitative Finance, Financial Engineering, or related field.
• Strong programming skills in Python.
• Solid understanding of derivatives pricing and options theory.
• Knowledge of stochastic calculus, probability theory, and quantitative modeling techniques.
• Excellent analytical and problem-solving abilities.
• Strong written and verbal communication skills.

Responsibilities

• Design and analyze equity-linked investment and hedging solutions.
• Structure and price vanilla and light exotic derivative transactions.
• Support the development of structured notes and customized investment solutions.
• Evaluate risk-return characteristics of proposed transactions and investment strategies.
• Perform payoff analysis, scenario testing, and sensitivity analysis.
• Develop and maintain analytical tools using Python.
• Support pricing, risk management, and trade analytics platforms.
• Conduct quantitative research on derivatives pricing, volatility, and market behavior.
• Identify opportunities to automate and enhance existing processes and workflows.
• Partner closely with sales and trading teams to deliver customized client solutions.

Skills

Python

Quantitative finance

Derivatives pricing

Stochastic calculus

Communication skills

Problem solving

Education

Master's degree in Quantitative Finance/Financial Engineering/Applied Mathematics

Strong quantitative undergraduate background

Tools

Python

Job description

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

BMO Capital Markets is seeking highly motivated quantitative talent to join its Equity Derivatives Structuring team.

We are looking for intellectually curious individuals who are passionate about financial markets, derivatives, and quantitative problem solving, and who are willing to invest the effort required to become experts in equity derivatives.

This opportunity is well suited to both outstanding recent graduates from leading quantitative programs and early-career professionals currently working in structuring, derivatives, quantitative analytics, trading, or risk management roles.

As part of the Structuring team, you will work alongside traders, sales professionals, engineers, and quantitative specialists to design, analyze, price, and execute equity derivative and structured investment solutions for institutional and wealth-management clients.

Position Overview

The successful candidate will contribute to the development and execution of equity derivatives solutions across a broad range of products, including vanilla options, light exotic derivatives, structured notes, systematic investment strategies, and volatility-based solutions.

The role offers significant exposure to both quantitative analysis and commercial decision-making, providing a unique opportunity to develop technical expertise while building client-facing and business skills.

Successful candidates will gain hands‑on experience across the full product lifecycle, from idea generation and quantitative modeling to trade execution and client engagement.

Key Responsibilities

Structuring & Product Development

• Design and analyze equity-linked investment and hedging solutions.
• Structure and price vanilla and light exotic derivative transactions.
• Support the development of structured notes and customized investment solutions.
• Evaluate risk-return characteristics of proposed transactions and investment strategies.
• Perform payoff analysis, scenario testing, and sensitivity analysis.

Quantitative Analysis & Technology

• Develop and maintain analytical tools using Python.
• Support pricing, risk management, and trade analytics platforms.
• Conduct quantitative research on derivatives pricing, volatility, and market behavior.
• Identify opportunities to automate and enhance existing processes and workflows.

Client Solutions & Commercial Development

• Partner closely with sales and trading teams to deliver customized client solutions.
• Prepare quantitative analyses and marketing materials supporting client transactions.
• Learn to communicate complex quantitative concepts clearly and effectively.
• Participate in client discussions and presentations as experience develops.

Collaboration

• Work closely with traders, sales professionals, quantitative researchers, risk managers, and technology teams.
• Contribute to a collaborative, entrepreneurial, and client-focused culture.
• Demonstrate ownership, attention to detail, and a commitment to excellence.

Qualifications

Required

• Master's degree in Quantitative Finance, Financial Engineering, Applied Mathematics, Statistics, Physics, Engineering, Computer Science, or a related quantitative discipline.
• Strong quantitative undergraduate academic background.
• Strong programming skills in Python.
• Solid understanding of derivatives pricing and options theory.
• Knowledge of stochastic calculus, probability theory, and quantitative modeling techniques.
• Excellent analytical and problem-solving abilities.
• Strong written and verbal communication skills.
• Demonstrated interest in financial markets and derivatives.

Preferred

• Internship or professional experience within derivatives, structured products, structuring, trading, quantitative research, or risk management.
• Familiarity with equity derivatives and volatility products.
• Exposure to numerical methods and derivatives pricing models.
• Experience working with financial datasets and quantitative analytics tools.

What We Look For

Successful candidates typically demonstrate:

• Strong quantitative aptitude.
• Intellectual curiosity and a passion for learning.
• A genuine interest in financial markets and derivatives.
• Strong work ethic and attention to detail.
• Ability to communicate effectively with both technical and non-technical audiences.
• Collaborative mindset and team orientation.
• Entrepreneurial attitude and willingness to take initiative.
• Desire to develop both technical expertise and commercial judgment.

Why Join BMO?

This role provides a unique opportunity to build a career at the intersection of quantitative finance, trading, and client solutions.

You will receive direct exposure to:

• Equity derivatives and structured products
• Volatility and options markets
• Trade structuring and execution
• Quantitative modeling and analytics
• Institutional and wealth-management clients
• Client solution development
• Sales and trading interaction

Salary

Please note the base salary for this role is $260,000 USD

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/us/en

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.