BMO · 1 month ago
IRD TDS Associate
New York, NY, USA
Full-time
Onsite
Mid, Senior Level
$63K/yr - $117K/yr
5+ years expBMO Capital Markets Corp. is seeking an IRD TDS Associate to execute assigned FICC Trade Support activities for various products. The role involves supporting the introduction of new products and maintaining relationships with trading desks and stakeholders.
BankingCrowdfundingFinanceFinancial Services
Responsibilities
Accountable for the execution of assigned on-desk trade support activities in a timely, accurate and efficient basis
Book, validate and amend trades, affirm and allocate trades (Markitwire), review trade discrepancies and follow up with clients, perform PnL, Risk, trade and position reconciliations
Support the resolution of discrepancies/exceptions, escalating to management as required
Support the introduction of new products, technology or processes that are in line with Business Partner initiatives participating in the analysis, testing and implementation activities
Work closely with internal and external stakeholders in support of FICC Trade Support Activities
Participate in various stakeholder forums (Project Delivery/ Technology/ Regulatory/ Risk) in support of FICC Trade Support Activities
Compile risk metrics for management
Identify potential risk situations within the scope of FICC Trade Support activities, escalating to management as required
Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the Bank
Understand regulatory and compliance requirements as prescribed for the business unit to ensure adherence as required
Ensure adherence to all aspects of First Principles, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures (P&Ps) for such things as potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy and disclosure of outside business activities
Ensure strict confidentiality is maintained for both customer and Bank information to protect the customer and the Bank and to ensure compliance with Bank P&Ps
Contribute to testing and updating of contingency planning to support the business and maintain continuity of critical processes throughout a contingency event
Contribute to ensuring all procedures/ standards of team(s) are documented and regularly reviewed and updated as needed in accordance with market best practice guidelines and industry regulations
Identify opportunities to improve the operational effectiveness of assigned day-to-day FICC Trade Support activities
Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support
Develop excellent working relationships with Capital Markets Trading Products desks, Product Operations and other stakeholder groups ensuring we have a global view across the business
Align individual performance goals to the team
Demonstrate behaviors that are consistent with 'Being BMO'
Qualification
Required
5+ years of business related experience in the financial services industry
University Degree/College Diploma in related discipline
Strong knowledge and understanding of a range of Financial Products including: Interest Rate Derivatives, US Treasuries, Futures, etc
Knowledge of Financial Markets and Regulatory oversight bodies
Strong written and oral communication skills
Ability to work under tight deadlines independently or in a team-based environment
Strong investigation and problem solving skills and attention to details
Demonstrates analytical thinking and sound judgement when making decisions
Good organizational skills, highly motivated and adaptable to a changing business environment
Good understanding of business unit's risk and regulatory requirements
Good understanding of internal business partner's business, services and organization
Knowledge of departmental systems and applications supporting a range of Financial Products
Advanced Microsoft Office skills particularly in Excel
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO
We’re a bank, but there’s more to it than that. When you join BMO, it opens a world of opportunities.
10001+ employees
H1B Sponsorship
BMO has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (2)
2023 (6)
2022 (4)
2021 (2)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$7.54B2025-10-23Post Ipo Debt· $142.91M
2025-02-26Post Ipo Debt· $871.76M
2024-07-09Post Ipo Debt· $750M
Leadership Team
David Casper
U.S. Chief Executive Officer
Azam Dawood
Head Of Sourcing
Recent News
MarketScreener
2026-01-06
2025-12-24
2025-12-18
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