Head - Environmental Commodities Trading, BMO Radicle

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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

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, including access to major voluntary and compliance carbon markets. Provides competitive pricing to all clients and seeks out new opportunities with prospective clients and in new and emerging environmental commodities markets. Maximizes profit while prudently minimizing the bank's exposure and adhering to regulatory statutes.

• Manages people and leads a team capable of delivering the desired business results

• Operates as key member of the Environmental Commodities team with efforts to maximize sector penetration and returns

• Institutes One Client initiatives to increase BMO's relevance with clients

• Uses expertise in financial & environmental commodities markets to cultivate relationships with new and existing clients, develop new client relationships and win business

• Manages compliance and voluntary carbon markets portfolios and is accountable for the risk, profit & loss and limits for the same

• Supports sales activities with strategies, and market information customized to suit client needs; will accompany sales team members to assist with client calls, presentations, and seminars

• Develops and maintains strong client relationships with decision makers and provides clients with impactful strategic advice

• Recognizes opportunities to cross-sell and to grow BMO share of client wallet

• Partner with Sales to develops marketing ideas and help initiate transactions through appropriate presentation of financial data

• Maintains strong relationships with investor client, understands their portfolio, and matches the firm services and products to client needs

• Works closely with sales and research teams to provide seamless client coverage including fulfilling client requests for market updates and providing clients with specific product information

• Develops and/or facilitates development of client-focused solutions based on financial expertise, organizational, technical, regulatory and environmental client awareness

• Responds to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determine acceptable solutions

• Distills market and internal data to negotiate solutions, terms and conditions with clients / internal counterparts

• Verifies that all confirms on executed trades are accurate and promptly delivered

• Provides strategic input into business decisions as a trusted advisor

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

• Maintains a future-oriented focus, possesses organizational, industry, and competitive knowledge and effects business results and through innovative practices

• Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution of environmental commodities trading initiatives

• 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

• Ability to lead the development of robust pricing, analytical, and risk management infrastructure, including close interaction with model development teams, in the furtherance of the environmental commodities business

• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

• Understands the complexity of transactions and related risks (credit, market, operational, legal / compliance, etc.)

• Operates within position and loss limits as prudent management of the Bank's exposure

• Manages firm's environmental commodities risks and takes action to reduce exposure in developing and delivering client strategies including the development of hedging and trading strategies

• Balances the Bank's risk appetite with the client needs in making recommendations/proposal

• Identifies and acts on the delivery of meaningful revenue, cost reduction or capital optimization opportunities

• Makes decisions based on a strong understanding of risks; effectively evaluates risk-return trade-offs, and proactively takes accountability for risks assumed

• Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures

• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems

• Communicates abstract concepts in simple terms

• Anticipates trends and responds by implementing appropriate changes.

Qualifications:

• 8+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience

• Degree in Accounting/Economics/Mathematics/Statistics, CFA 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

• Strong quantitative analysis, technology and financial analysis skills

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

• Seasoned expert with extensive industry knowledge

• Expert level verbal & written communication skills

• Expert level analytical and problem solving skills

• Expert level Influence skills

• Able to manage ambiguity

• Highly proficient in data driven decision making

Salary

$175,000.00 CAD

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/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.