Posted 14 days ago
Analyst, Data Scientist
@ Bank of Montreal
Toronto, Ontario
Overview
Bank of Montreal (BMO Capital Markets) is hiring a Data Scientist for its Data Cognition Team to build machine learning and analytics models that support algorithmic trading and front-office decisions. The role covers Equities, Fixed Income, Commodities and FX, with a base salary of $100,000 CAD subject to negotiation. The posting requires at least 2 years of data science or machine learning experience and Python skills.
Responsibilities:
- Develop advanced analytics and machine learning models for trading
- Build predictive models across major asset classes
- Collaborate with trading and banking stakeholders
- Design reproducible machine learning pipelines
- Present insights to senior management
Requirements summary:
- Background in computer science, mathematics, physics or a quantitative field
- Minimum 2 years of data science or machine learning experience
- Strong Python programming and cloud experience
- Proficiency in statistical modeling and time series analysis
- Strong communication skills
Tools & skills
Benefits mentioned
Source and dates
Employer career site / ATS feed · phenom
- Employer posting date
- 2026-10-23
- First seen by our source
- 2026-10-13
- Source record updated
- 2026-10-25
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Entry level |
| Department | Data & analytics |
| Experience | 2+ years |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Education | Bachelor’s degree (required), Master’s degree (preferred), Doctorate (preferred) |
| Fields of study | Computer Science, Mathematics, Physics, Finance, Economics |
| Perks mentioned | Retirement plan, Tuition support, Performance bonus |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Bank of Montreal
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
We’re a bank, but there’s more to it than that. When you join BMO, it opens a world of opportunities. This is a team that's committed to helping you succeed – personally and professionally. Because at BMO, when you grow, we grow. You know your worth and so do we. That’s why we offer the right mix of learning programs, on-the-job experiences, and opportunities to build personal and professional connections – so you can build a meaningful career and thrive as a part of a winning culture. Sound like your kind of place? Then we should be co-workers.
- LinkedIn followers
- 529,147
- People associated on LinkedIn
- 59,168
- Reported office locations
- First Canadian Place, 100 King Street, Toronto, ON M5X 1A1, CA
- 111 W Monroe St, Chicago, IL 60603, US
- Business categories
- Wealth Management
- Finance
- Banking
- Financial Services
- Crowdfunding
- Other recorded names
- Bank of Montreal
- BMO
- Specialties
- Personal Banking
- Commercial Banking
- Wealth Management
- Capital Markets
- and Asset Management
- Profile identifies a recruitment agency
- No
- Reported total investment
- 8,114,072,573
Currency and observation date were not supplied; this is not a current valuation or a funding round.
We’re a bank, but there’s more to it than that. When you join BMO, it opens a world of opportunities. This is a team that's committed to helping you succeed – personally and professionally. Because at BMO, when you grow, we grow. You know your worth and so do we. That’s why we offer the right mix of learning programs, on-the-job experiences, and opportunities to build personal and professional connections – so…
| Field | Value |
|---|---|
| Industry | Financial Services |
| Company size | 10,001+ employees |
| Headquarters | Toronto, ON |
| Organization type | Public Company |
| Specialties | Personal BankingCommercial BankingWealth ManagementCapital Marketsand Asset Management |
| Open jobs on Jobsy | 965 |
| View page |
Application Deadline:
11/29/2026Address:
100 King Street WestJob Family Group:
Capital Mrkts Sales & ServiceBMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets
About the Role
We are seeking a talented and experienced Data Scientist to join our Data Cognition Team at BMO Capital Markets. As a Data Scientist, you will be responsible for developing and implementing advanced analytics and machine learning models to support algorithmic trading strategies, and drive business decisions in the front office, Investment Banking, and Corporate Banking. You will collaborate closely with business teams and other stakeholders to understand their data needs and provide insights that improve trading performance and profitability.
Our Team
The Data Cognition Team (DCT) at BMO Capital Markets delivers a scalable, customizable, and sustainable suite of AI-enabled products for multiple business units. Leveraging cutting-edge data and analytics technologies, we solve complex business challenges and drive strategic transformation across Investment Banking, Global Markets, and other divisions.
Key Responsibilities
· Develop and implement advanced analytics and machine learning models using techniques such as Generative AI, Deep Learning, and Reinforcement Learning.
· Build predictive models for algorithmic trading across asset classes including Equities, Fixed Income, Commodities, and Foreign Exchange.
· Collaborate with trading desks, investment banking teams, and corporate banking stakeholders to identify opportunities and optimize strategies.
· Research and experiment with new machine learning techniques, including time series analysis, to improve trading performance and profitability.
· Design and maintain reproducible machine learning pipelines for production environments.
· Analyze large datasets to extract insights and support strategic decision-making.
· Communicate complex technical concepts to non-technical stakeholders and present findings to senior management.
· Visualize complex data clearly and concisely for business consumption.
Qualifications
· Background in Computer Science, Mathematics, Physics, or a related quantitative field (focus on finance, economics, or operations research preferred).
· Minimum 2 years of working experience in data science or machine learning or equivalent master in these fields
· Proficiency in statistical modeling, time series analysis, and machine learning frameworks.
· Strong programming skills (Python preferred) and experience with cloud technologies.
· Familiarity with financial tools such as Bloomberg, FactSet, and Thomson Reuters is a plus.
· Excellent problem-solving skills and ability to formulate hypotheses and learn from data.
· Strong communication skills for effective collaboration with technical and business stakeholders.
· Team-oriented, adaptable, and detail-focused with a results-driven mindset.
Nice to Have
· Ph.D. in Computer Science, Mathematics, Physics, or a related quantitative field (focus on finance, economics, or operations research preferred).
· Experience with Generative AI and advanced ML techniques.
· Knowledge of investment banking concepts, trading strategies, and financial data formats.
· Familiarity with MLOps tools and practices for model deployment and monitoring.
What We Offer
Join our dynamic team at BMO Capital Markets and contribute to solving complex challenges in investment banking and global markets using innovative technologies. We offer opportunities for professional growth, access to cutting-edge tools, and the chance to make a significant impact on critical business operations. Apply today with your resume, highlighting your relevant experience in data science and finance.
Base Salary: $100,000 CAD
(subject to negotiation and subject to the candidate meeting the specific skills, experience, education, and qualification requirements)
Salary:
Pay Type:
SalariedThe 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 https://jobs.bmo.com/ca/en.
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
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.
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