Analyst, Global Markets CB-Hedge Funds

Application Deadline:

12/08/2024

Address:
100 King Street West

Job Family Group:

Capital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

The Analyst will be part of Global Markets Corporate Banking team that is responsible for Account Management of the Hedge Funds client segment. The Analyst will support Account Management in making hedge fund credit recommendations, including due diligence and credit analysis on current and prospective clients. The Analyst will be responsible for a diversified set of Global Markets trading products (e.g. Prime Brokerage, securities lending, swaps, futures, commodities, etc.) to BMO Capital Markets hedge fund clients. The Analyst will further support Account Management in a variety of other monitoring and portfolio management responsibilities.

Credit Risk and Financial Analysis

• Research and analyze financial and operating information relating to Hedge Funds and other asset managers.
• Prepare concise, accurate and well-reasoned written credit applications for both new and existing transactions for presentation to Credit; process the applications through BMO's lending systems.
• Assess financial soundness of counterparties including hedge fund strategy, asset allocation, leverage levels, and access to liquidity and margin, among other fund characteristics.
• Complete internal risk ratings for Hedge Fund counterparties
• Coordinate and track monthly credit activities, including annual reviews, interim reviews, new deals, and monthly trigger/covenant monitoring.

Account Management Support

• Support Account Managers in managing a diverse portfolio of Hedge Fund accounts. This includes:
  • Preparing written credit reviews as noted above
  • Continuous monitoring of limits and exposures as well as operating performance
  • Monitoring Hedge Fund industry and regulatory updates
  • Other portfolio management activities as required
• Provide analytical findings to Account Managers including input on credit risks and related mitigants.
• Expert knowledge of Bank policies and standards to ensure portfolio adheres to BMO's policies and procedures.
• Contribute to ad hoc credit activities related to the Hedge Funds portfolio.
• Support Global Markets areas on portfolio management needs and growth initiatives of the business.
• Liaise with other internal teams such as Sales, Trading, Credit Risk, Market Risk, Collateral Management, Legal, Client On-Boarding and AML/KYC in support of credit activities for the Hedge Funds portfolio.

Qualifications

• Undergraduate/MBA degree in finance, economics, or accounting with outstanding academic achievement.
• Excellent oral & written communication
• Excellent analytical and problem solving skills in business, finance, and credit
• Self-starter with strong attention to detail and ability to work under limited supervision.
• Strong ability to attentively review, assess, and provide detailed information daily on multiple clients and tasks in an organized manner.
• Strong interpersonal skills used within a collaborative and demanding team environment.
• Expertise in financial computer applications including MS Excel; experience with Bloomberg an asset.
• Knowledge of capital markets, global markets products and hedge fund industry an asset.
• Credit analysis experience/ understanding an asset.

This role located in Toronto will pay a base salary of $90,000.00 CAD.

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

We're here to help

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/ca/en .

BMO 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. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.