Energy Market Trader

3 days ago


Calgary, Alberta, Canada BMO Financial Group Full time

About the Role

BMO Financial Group is a leading financial services provider offering corporate and investment banking, treasury management, research, and advisory services to clients globally. We seek an experienced Energy Market Trader to join our team in Calgary.

Job Summary

We have an exciting opportunity for a skilled trader to manage a book of natural gas linear positions both physical and financial with a focus on North American basis. The ideal candidate will possess expertise in financial computer applications including MS Excel, various programming languages, and Bloomberg. This role requires strong knowledge of energy markets, banking and risk concepts, as well as derivative regulations.

Key Responsibilities

  • Manage an active book of natural gas linear positions both physical and financial with a focus on North American basis.
  • Develop and maintain fundamental models to price, execute, and manage natural gas derivatives for BMO's corporate and investor client base.
  • Collaborate with the Commodities Team to share market information and solve problems.
  • Build relationships with product partners across Global Markets to provide/solicit cross-product mandates for new opportunities.

Requirements

  • Minimum 3-5 years experience at a bank, trade shop, market-maker, or hedge fund building and maintaining supply/demand models for North American Natural Gas, including regional breakdowns.
  • Expertise in financial computer applications including MS Excel, various programming languages, and Bloomberg.
  • Creative, insightful, and eager to learn.

Compensation

The estimated annual salary range for this position is $110,000 - $150,000 CAD. In addition to a competitive salary, we offer performance-based incentives, discretionary bonuses, health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

About Us

BMO Financial Group is driven by a shared Purpose: It calls on us to create lasting, positive change for our customers, our communities, and our people. We strive to help you make an impact from day one – for yourself and our customers. From in-depth training and coaching to manager support and network-building opportunities, we'll help you gain valuable experience and broaden your skillset.


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