Associate, Capital Markets – Capital Allocation & Management

04/29/2026

Address:

100 King Street West

Capital Mrkts Sales & Service

BMO 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

BMO Capital Markets is a leading, full-service financial services provider offering corporate and investment banking, treasury management, research and advisory services to clients around the world. Guided by BMO’s Purpose - Boldly Grow the Good in business and life - we collaborate across geographies, products, and industry groups to deliver innovative solutions, enhance governance and risk discipline, and help clients achieve their ambitions.

The Capital Allocation & Management function leads the development of strategy, policy, and implementation to optimize financial resources, drive profitable growth, strengthen BMO’s competitive position, and support disciplined, risk‑adjusted returns - fully aligned with our client‑centric priorities. The team oversees capital planning, investment governance, booking strategy, and portfolio optimization across Global Markets, Investment & Corporate Banking, and infrastructure groups.

The Associate, Capital Allocation & Management supports the analysis and execution of resource optimization, balance‑sheet solutions, and capital structuring initiatives across Capital Markets. The role focuses on analyzing capital and balance‑sheet usage, evaluating structural levers, and supporting solution development that improves capital efficiency, ROE, and balance‑sheet scalability - within regulatory, liquidity, and funding constraints. The Associate works closely with senior CAM team members and partners across Treasury, Finance, Risk, and Front Office, contributing analytics and insights that support informed capital and structuring decisions.

Key Responsibilities:

Financial Resources & Profitability Analytics

• Support the analysis of capital and liquidity usage, ROE/ROA, and balance‑sheet intensity across businesses, portfolios, and clients
• Assist in building and maintaining capital attribution, benchmarking, and performance dashboards
• Conduct peer and trend analysis to identify capital efficiency and optimization opportunities

Capital Planning & Governance Support

• Contribute to capital planning, forecasting, and stress analysis processes
• Support governance materials, booking strategy, investment cases, and internal reviews by preparing clear, well‑structured analysis and exhibits
• Assist in evaluating and documenting the capital and liquidity impact of new initiatives, products, or structural changes

Cross‑Functional Collaboration

• Work with Finance, Risk, Treasury, and business stakeholders to gather data, validate assumptions, and align analysis
• Translate quantitative outputs into concise insights for senior team members and decision forums
• Support ad‑hoc requests related to capital metrics, regulatory constraints, and business performance

Tools, Data & Process Improvement

• Help maintain and enhance analytical tools, models, and data pipelines used by the CAM team
• Automate recurring analysis and reporting where possible to improve efficiency and consistency
• Contribute to documentation of methodologies, assumptions, and data sources

Education:

• Undergraduate degree in Finance, Economics, Accounting, Engineering, Mathematics, or a related quantitative discipline
• Progress toward CFA or similar designation is an asset

Experience:

• 3–5 years of relevant experience in capital markets, treasury, risk management, finance, or analytics
• Exposure to capital, balance‑sheet, liquidity, or profitability analysis is preferred

Skills & Competencies:

• Strong analytical and quantitative skills with attention to detail
• Proficiency in Excel; experience with Python, SQL, Power BI, or similar tools is an asset
• Ability to structure analysis and communicate findings clearly
• Strong organizational skills and ability to manage multiple workstreams
• Intellectual curiosity and willingness to learn complex capital and regulatory concepts

Development & Progression:

This role offers exposure to enterprise‑level capital decision‑making and provides a strong foundation for progression into Senior Associate or VP roles within Capital Allocation, Treasury, Strategy, or related functions.

Please note the base salary for this role is $120,000 CAD.

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 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.