Vice President or Director, FX​/STIR Trading

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,700 professionals in 30+ locations around the world, including 20 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US $1.1 trillion total assets and approximately 53,000 employees as of October 31, 2025.

Provides a markets-based suite trading solution to Institutional, Corporate, and Retail clients. Offers a full spectrum of integrated capabilities to deliver leading market insight, risk management, and execution services to issuing and/or investor clients, including access to major global markets across foreign exchange and interest rate. Provides competitive pricing to all clients and seeks out new opportunities with prospective clients. Maximizes profit while prudently minimizing the bank’s exposure and adhering to regulatory statutes.

The primary responsibility will be to provide pricing in FX, Short-Term Interest Rates (STIR), and cross-currency basis for G10 currencies to FX and Rates sales teams across North America and Europe. The role requires strong proficiency in trading rates and FX, with depth of expertise in FX spot and forward markets.

The core objective of the role is to manage risk across all STIR, FX, and basis positions during the NA trading hours, while delivering competitive pricing to sales teams to support and enhance the profitability of BMO’s FX business. The role aims to strengthen BMO’s market share and franchise with both regional and global clients in its core markets, while operating within established risk parameters set by the Head of FX and STIR Trading.

In addition, the position involves collaborating with and supporting colleagues across other offices and trading product groups, mentoring junior trading and sales staff, and contributing broadly to the continued development of BMO’s Global franchise.

• Operates as key member of the deal team with efforts to maximize sector penetration and returns.
• Institutes cross-selling initiatives to increase ranking with client.
• Uses expertise in financial markets to cultivate relationships with new and existing clients and develop new client relationships.
• Manages a trading book and is accountable for the risk, profit & loss and limits for the book.
• Builds positive client relations at all levels through deep/comprehensive understanding of client needs and alignment of our products/services.
• Anticipates changes in client needs and provides strategic/creative solutions.
• Recognizes opportunities to cross-sell and to grow share of clients' wallet.
• Works closely with sales and research teams to provide seamless client coverage including fulfilling client requests for market updates and providing clients with specific product information.
• Responds to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determine acceptable solutions.
• Develops and/or facilitates development of client-focused solutions based on financial expertise, organizational, technical, regulatory and environmental client awareness.
• Distills market and internal data to negotiate solutions, terms and conditions with clients / internal counterparts.
• Identifies and delivers on opportunities to improve the client experience; brings in partners where appropriate; delivers a full BMO experience.
• Uses analytical skills (probability, statistical inference, etc.) and applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables.
• Develops an understanding of and proficiency in using all required systems and models.
• Operates within position and loss limits as prudent management of the Bank’s exposure.
• Manages risk related to pricing and…