MFE Associate - Global Markets

MFE Summer Associate, Global Markets – New York ## Program Overview Summer Associates work in the Global Markets Group of BMO Capital Markets. A variety of desks host Summer Associates including Equity Sales and Trading, Clearpool E-trading, Prime Finance, Structured Notes Sales and Trading, Leveraged Finance, Securitized Products Sales and Trading, Origination, US Interest Rates Sales and Trading and Global Markets Engineering. Summer interns will work on one desk in Global Markets over a 10-week period. Interns will be provided with desk job descriptions prior to starting. Each intern will complete one week of onboarding and training with other interns across BMO Capital Markets. During this first week interns will hear from teams across Global Markets at the Showcase day and partake in a matching process based on preference and skill set. There are continuous professional development activities throughout the summer. These activities include teach-ins, trading games, meetings with senior leaders, and networking events with both peers and Senior Leadership. ## Responsibilities Summer interns are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment. Depending on the assigned desk, intern skill set, and business needs, responsibilities may include: - Development and deployment of business solutions such as pricing and risk models - Market data capture and display, spreadsheet development - Providing insight into trading strategies leveraging quantitative modelling - Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc. - Bespoke projects requiring market, portfolio, or client research and data analytics - Developing client trade ideas ## Qualifications We are looking for highly motivated individuals who can work well in a competitive, market-driven, team-based environment and seek a challenge. Global Markets encompasses a diverse group of individuals with a variety of skill sets and job functions. We look to create a diverse intern class that can fit into different roles across Global Markets. ## Required Qualifications - Pursuing a Master's in Financial Engineering, Mathematics, Financial Math, Physics, Statistics, Engineering, Quantitative Finance, Computer Science, or another related quantitative field - Completing the degree in December 2027 or Spring 2028 - Excellent programming skills in C++, Java, Matlab, Python, R or Scala - Strong mathematical academic training - Keen interest in financial markets - Drive and desire to work in an intense team-oriented environment - Excellent decision-making abilities - Strong communication skills ## Compensation The annual base salary for this position is USD$150,000. The position is salaried. Salaries may vary based on factors such as location, skills, experience, education, and qualifications, and may include a commission structure. BMO Financial Group's total compensation package may include performance-based incentives, discretionary bonuses, and other perks and rewards.