Logo
job logo

Director or Vice President, Commodities Trading

BMO, New York, New York, us, 10261

Save Job

Overview 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. #bmocapitalmarkets

We have the unique opportunity for a Director or Vice President, Commodities Trading to help launch the Agricultural Commodities business in North America. The broad mandate to grow market share in Commodities will require the candidate to utilize knowledge of physical and financial agricultural markets to price, execute and manage derivatives and financing transactions for BMO’s corporate and investor client base. This role includes direct responsibility for actively managing non-linear and linear risk, providing fundamental insight and working as part of our Global team. The candidate also identifies opportunities for increased efficiency and improved service to internal and external clients and implements positive change within the business unit.

Group Overview The Commodities Trading group is a team within Global Markets’ Global Origination business responsible for managing and executing hedging and financing transactions for BMO’s investor, corporate and commercial clients. Working closely with the Commodities Sales Team as well as investment, corporate and commercial banking, the trading team serves as product experts with a coverage universe including futures, swaps, basis, options, and exotic derivatives.

Key Areas of Accountability Transaction Modelling & Financial Analysis:

Use abilities in financial and fundamental analysis to communicate effectively and succinctly with Commodities Sales and clients to facilitate deals

Develop marketing ideas and help initiate transactions through appropriate presentation of data

Understand all software systems for trading and pricing transactions

Develop, maintain, and build-out fundamental models

Skills:

Minimum 7 years experience managing an active book of Agricultural Commodity Derivatives with product coverage across the space

Minimum 7 years experience structuring and managing inventory financing transactions, including deliverable and non-deliverable products

Excellent communication skills (written and verbal) including listening, understanding, and responding to internal and external inquiries

Expertise in financial computer applications including MS Excel, VBA, and Bloomberg. Strong proficiency in other Microsoft Office products.

Able to exercise independent thought and judgment under limited supervision and to adapt to new tasks with little notice

Creative, insightful and eager to learn

Experience developing North American and/or Global supply/demand models across different Agricultural Commodity markets

Collaborate with Engineering team to design pricing and risk management tools

Knowledge:

Demonstrates strong knowledge of Agricultural markets – financial and physical

Thorough knowledge of derivatives including options

Knowledge of banking and risk concepts as well as derivative regulations

Current on existing and emerging Industry trends around the world

Relevant experience and passion for working in a market-making, direct client-facing role

Collaboration:

Be a strong partner within 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

Continuously coach and mentor Analysts and Associates

Ensure high levels of client satisfaction through strong cross-department coordination with the following groups:

Other Global Markets Groups

I&CB

Commercial Banking

Global Markets Engineering

Trade Floor Supervision

Market Risk

Client Onboarding

Legal & Compliance

The base salary for this specific role in New York is Director $275,000 or Vice President $260,000.

Salary & Pay Type Salary:

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.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

#J-18808-Ljbffr