BMOBM

Senior Algo Developer

The Bank of Montreal (BMO) is a Canadian multinational investment bank and financial services company, and the eighth largest bank in North America by assets, serving over 13 million customers. Founded in 1817, it is Canada's oldest bank and offers a wide range of personal and commercial banking, wealth management, and investment banking services.

BMO

Employee count: 5000+

Salary: 80k-148k USD

United States only

Application Deadline:

06/16/2025

Address:

VIRTUAL(R)09 - HomeRes - FL

Job Family Group:

Technology

We are seeking a motivated senior developer with strong technical skills for Clearpool-BMO’s Algo Development team to build and enhance our core real time trading strategies. The Algo developer will continually interact with multiple teams including quant/product/traders/operations to plan and implement new robust trading features and improve on our existing offerings. A successful candidate has a keen interest in developing low latency trading systems in Java.

Responsibilities

  • Design & develop robust software solutions for Clearpool’s Algo offerings in US, Canada and Europe
  • Devise new algorithms and data structures for target environment and platform attributes in alignment with architectural patterns
  • Create thorough test cases to ensure software stability and reliability
  • Collaborate with quants, traders and product team in researching and implementing changes to the trading system
  • Communicate with operations teams about new features and existing behaviors
  • Work on root-cause analysis and diagnosis in a production environment
  • Aim to lead Algo development team on specific efforts

Requirements

  • BA/BS degree in Computer Science or equivalent practical experience
  • 5+ years of professional core Java development experience
  • Experience with financial markets and electronic trading systems
  • Experience guiding/coordinating large features with other developers
  • Strong analytical and problem-solving skills
  • Strong verbal and written communication skills; eager to ask questions; able to clearly explain ideas
  • Strong JUnit testing skills
  • Strong multi-threaded programming skills
  • Familiar with the FIX protocol
  • Familiar with real time market data processing

Preferred experience

  • Experience building trading systems in Equity markets or related capital markets such as FX, Options, Futures, Crypto etc
  • Experience with optimizing software performance and reducing latency
  • Experience managing developers

Salary:

$79,800.00 - $148,000.00

Pay Type:

Salaried

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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMO[email protected] and let us know the nature of your request and your contact information.

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.

About the job

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Posted on

Job type

Full Time

Experience level

Senior

Salary

Salary: 80k-148k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About BMO

Learn more about BMO and their company culture.

View company profile

The Bank of Montreal (BMO) is a Canadian multinational investment bank and financial services company, founded in Montreal, Quebec, in 1817 as Montreal Bank, making it Canada's oldest bank. Its operational headquarters and executive offices have been located in Toronto, Ontario, since 1977, though its legal head office remains in Montreal. BMO is the eighth largest bank in North America by assets and serves over 13 million customers globally. The company is publicly traded on both the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker symbol BMO.

BMO Financial Group offers a broad range of financial services, including personal and commercial banking, wealth management, global markets, and investment banking. In Canada, BMO operates over 900 branches, and in the United States, it conducts business as BMO Financial Group, with substantial operations, including BMO Bank, N.A., which has over 1,000 branches. BMO Capital Markets is the bank's investment and corporate banking division, while its wealth management division is known as BMO Nesbitt Burns. The bank has a significant presence in the Chicago area and other parts of the U.S. BMO has expanded its U.S. presence through acquisitions, including Harris Bank in 1984 (later rebranded BMO Harris Bank and then BMO Bank N.A.), Marshall & Ilsley in 2011, and Bank of the West in 2023. The acquisition of Bank of the West was the largest in Canadian banking history. BMO is also the issuer of Diners Club cards in the United States and Canada. The company is driven by the purpose to 'Boldly Grow the Good in business and life,' which informs its strategy and commitment to a thriving economy, a sustainable future, and an inclusive society.

Throughout its history, BMO has played a significant role in Canada's financial development, serving as Canada's central bank from its founding until the creation of the Bank of Canada in 1935. It was the first Canadian bank to be listed on the New York Stock Exchange in 1994. BMO has also embraced technological advancements, launching AI-powered chatbots for customer service on Facebook and Twitter and investing in modernizing its technology stack with cloud architecture. The bank is committed to accessibility, aiming to make its websites and services usable for everyone, including those who use assistive technologies or have disabilities. BMO has received recognition as a top employer and for its inclusive culture.

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BMO hiring Senior Algo Developer • Remote (Work from Home) | Himalayas