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BMO Financial Group MD, Securitized Products in New York, New York


521 Fifth Avenue

Job Family Group:

Capital Mrkts Sales & Service

Provides a markets-based suite of sales and trading solutions 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 asset classes including: debt, interest rate, securitization, and mortgage-backed securities. 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.

BMO is seeking a senior market participant on the Agency Structured Products Mortgage Trading Desk to take a leading role in detailed communication with clients. Qualifications and responsibilities include:- Interface with institutional clients and internal traders/structurers/salespeople/research to provide mortgage analysis leading to trades.

  • Engages clients in industry and firm sponsored conferences.

  • Responsible for internal mortgage analytics and modeling, including but not limited to detailed prepayment analysis.

  • Advises on mortgage valuation metrics and regulatory related stress test scenarios.

  • Institutes cross-selling initiatives to increase ranking/market share with clients and win new business.

  • Supports sales and trading activities with strategies, and market information customized to suit their client’s individual needs; accompanies all staff to assist with client calls, presentations, and seminars.

  • Recognizes opportunities to cross-sell across securitized products desks and grow wallet share with clients.

  • Develops marketing ideas and helps initiate transactions through appropriate presentation of financial data.

  • Initiates presentation of relative value ideas, and marketing ideas in a comprehensive and professional format that can be easily distributed to institutional accounts.

  • Analyzes historical trends in a variety of mortgage sectors and is able to incorporate into real time analysis relevant to current strategies.

  • Reads, analyzes and interprets common technical journals, financial reports, and legal documents in order to better serve client needs.

  • 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.

  • Helps manage risk related to pricing and sales/trading of the trading book. Helps in developing and delivering hedging/trading strategies.

  • Broader work or accountabilities may be assigned as needed.


  • 15+ years of experience in mortgage prepayment analytics.

  • Degree in Mathematics/Statistics/Computer Science, Masters degree preferred.

  • Thorough knowledge of capital markets, pricing, and trading/hedging strategies and familiarity with a variety of the field’s concepts, practices and procedures.

  • Strong understanding of trading procedures and broader regulatory and financial concepts.

  • Series 7 and 63 licenses required.

  • Strong quantitative analysis, technology and financial analysis skills.

  • Strong risk management skills, fundamental analysis skills and leadership abilities.

  • Seasoned expert with extensive industry knowledge.

  • Technical leader viewed as a thought leader for innovation.

  • Verbal & written communication skills - Expert.

Analytical, problem solving skills and data driven decision making - Expe

We’re here to help

At BMO Harris Bank 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 Harris Bank 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

BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

BMO Financial Group Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.