Associate, Quantitative Modelling

BMO

Toronto, Canada
Base: $120,000 cad; bonus/equity: not specified; b...
Interest rate modeling
Pricing methodology
Market data sources
The MFL Interest Rate Quant is responsible for quantitative, analytical, technical, and development activities for interest rate trading desks, providing models and analytics for pricing, hedging, and risk management

Job Summary

  • The MFL Interest Rate Quant is responsible for quantitative, analytical, technical, and development activities for interest rate trading desks, providing models and analytics for pricing, hedging, and risk management.
  • Tasks include developing new mathematical methods, maintaining existing models, assisting traders with daily pricing and risk, and interacting with external control groups.
  • BMO offers a total compensation package that may include performance-based incentives, bonuses, and other perks, along with health insurance, tuition reimbursement, and retirement savings plans.

Matching Summary

The MFL Interest Rate Quant is responsible for quantitative, analytical, technical, and development activities for interest rate trading desks, providing models and analytics for pricing, hedging, and risk management.

Salary

Base: $120,000 CAD; Bonus/Equity: Not specified; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • interest rate modeling
  • pricing methodology
  • market data sources
  • software development (.NET, Python)
  • Excel scripting
  • technical writing ability

Nice-to-have

  • communication skills with diverse colleagues
  • deal modeling discussions
  • model performance profiling

Key Requirements

  • Advanced university degree in technical field
  • 0-4 years relevant experience
  • Interest rate modeling experience
  • Software development experience
  • Excel knowledge including scripting

Work Rights

Not specified

Tailored Resume

Cover Letter