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Vice President, Energy Trading

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BMO

21d ago

  • Job
    Full-time
    Senior Level
  • Banking & Finance
  • £250K - £275K
  • New York City
  • 11d left

AI generated summary

  • You need 5+ years of Energy Derivatives experience, strong communication and computer skills, ability to work independently, knowledge of Energy markets and regulations, and passion for market making.
  • You will analyze financial data, collaborate with teams, mentor colleagues, and ensure client satisfaction through coordination with various departments.

Requirements

  • Minimum 5 years experience at a bank, trade shop, market-maker or hedge fund managing an active book of Energy Derivatives
  • Excellent communication skills (written and verbal) including listening, understanding, and responding
  • 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
  • Knowledge:
  • Demonstrates strong knowledge of Energy 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 Energy Industry trends in Canada and the U.S.
  • Relevant experience and passion for working in a market making, direct client-facing role

Responsibilities

  • Transaction Modelling & Financial Analysis:
  • Use abilities in financial analysis to communicate effectively and succinctly with GCC and clients to facilitate deals
  • Develop marketing ideas and help initiate transactions through appropriate presentation of financial data
  • Understand all software systems for trading and pricing transactions
  • Develop, maintain, and build out fundamental models
  • Collaboration:
  • Be a strong partner and collaborator with 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 coaching and mentor Analysts and Associates
  • Ensure high levels of client satisfaction through strong cross-department coordination with the following groups:
  • I&CB and P&C Coverage and Portfolio Management
  • Other Global Markets Groups
  • Cross-Business Risk and Cross-Business Structuring
  • Documentation & Legal
  • Market Risk
  • Client Onboarding
  • Compliance

FAQs

What is the primary focus of the VP/Director, Commodities Trading role in the Energy group at BMO?

The primary focus of this role is to grow market share in Commodities by utilizing knowledge of physical and financial energy markets to price, execute and manage natural gas and/or crude oil derivatives for BMO's corporate and investor client base.

What are the key responsibilities of the VP/Director, Commodities Trading in this position?

The key responsibilities include executing trades, actively managing linear and non-linear risk, running and maintaining fundamental models, identifying opportunities for increased efficiency and improved service to clients, and implementing positive change within the business unit.

What skills and experience are required for the VP/Director, Commodities Trading role at BMO?

Candidates should have knowledge of physical and financial energy markets, experience in pricing and executing natural gas and/or crude oil derivatives, as well as the ability to actively manage risk and run fundamental models. Strong communication and analytical skills are also important.

How does the VP/Director, Commodities Trading role contribute to the overall success of BMO's Energy group in North America?

The VP/Director, Commodities Trading plays a critical role in growing market share in Commodities by effectively pricing, executing, and managing energy derivatives for clients. This ultimately helps drive revenue and strengthen relationships with both corporate and investor clients.

Finance
Industry
10,001+
Employees
1817
Founded Year

Mission & Purpose

At BMO, banking is our personal commitment to helping people at every stage of their financial lives. The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry. Our incredible team of over 46,000 people is just the tip of the iceberg. You should get to know us. We’re here to help.