Bank of Montreal

Fixed Income Trading Analyst

Bank of Montreal$70K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in fixed income trading
  • Strong knowledge of broker/dealer operations and regulatory aspects
  • Up-to-date expertise in electronic bond trading platforms
  • In-depth understanding of various bond types
  • Experience with Bloomberg-TOMS/E-TOMS
  • Proficient in SQL with exposure to Java/Python/Linux
  • Detail-oriented with strong analytical and problem-solving skills

Responsibilities

  • Lead efforts to improve fixed income trading platforms
  • Collaborate with Agile teams to define user requirements
  • Execute and validate QA processes including test plans
  • Build and maintain relationships with stakeholders
  • Develop comprehensive project plans in partnership with PM and Product Owner
  • Communicate progress during scrums and team meetings
  • Coordinate with external vendors to achieve alignment with company goals

Benefits

  • Health insurance coverage
  • Tuition reimbursement opportunities
  • Accident and life insurance
  • Retirement savings plan with company matching
  • Performance-based incentives and discretionary bonuses
Full 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 Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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