Bank of Montreal→
Senior Quantitative Researcher, Global Asset Management
ExperiencedOn-siteFull-time
Location
Toronto, Ontario, Canada
Salary
$97k–$181k/yr
Experience
4–6 years
Posted
Today
Job Description
Senior Quantitative Researcher, Global Asset Management
Location: Toronto, ON, CAN
Application Deadline:
06/20/2026
Address:
100 King Street West
Job Family Group:
Customer Solutions
Key Responsibilities
Alpha Research: Conduct research on alpha signals across a wide variety of datasets and investment universes; Analyze factor behavior across different market environments and asset classes
Alpha Modeling: Code, train and deploy statistical and machine learning models to deliver repeatable and actionable insights
Portfolio Optimization & Factor Analysis: Apply portfolio optimization techniques to achieve greater risk adjusted returns
Portfolio Analysis & Risk Management: Monitor exposures, limits, and risk metrics across portfolios; Develop and maintain risk models to support investment decisions
Data Management & Analytics: Work with large datasets to extract signals, clean data, and ensure data integrity; Collaborate with data engineering teams to improve data pipelines and infrastructure
Cross-Team Collaboration: Partner with multiple investment teams to provide quantitative insights and solutions; Communicate complex concepts clearly to non-quant stakeholders
Research & Innovation: Explore new models, techniques, and technologies to enhance investment processes; Stay current with industry trends and academic research in quantitative finance
Broader Quantitative Support: Assist with ad hoc projects across asset classes, including equities, multi-asset, and derivatives; Contribute to risk analysis, factor modeling, and performance studies for various mandates
Qualifications
4-6 years in a similar research role
Strong foundation in quantitative finance, alpha research, risk modeling, and portfolio analytics
Experience working in environments where quantitative models are deployed into live portfolio processes and subject to operational, performance, and risk constraints
Strong proficiency in programming languages such as Python and SQL
Proficiency in machine learning algorithms, concepts and deployments
Experience with financial datasets including fundamentals, estimates, sentiment, macro, factor risk models, transaction cost models, security masters, etc.
Excellent problem-solving skills and ability to work in a collaborative environment
Preferred Skills
Strong development hygiene for research code: testing frameworks, modular design, reproducibility, and maintainable codebases
Experience with ML lifecycle tooling (e.g., experiment tracking, model versioning / monitoring)
Experience with data orchestration / scheduling tools (e.g., Airflow, Prefect or similar) and building reliable ETL/ELT workflows
Strong discipline around data quality checks, point-in-time handling, and traceability (data lineage / auditability) for research
Strong communication and interpersonal skills
Education
Graduate degree in Financial Mathematics, Engineering or related field preferred
CFA preferred
Senior Quantitative Researcher – Alpha Research Team
Location: Toronto, ON
Company: BMO Global Asset Management
Team: Alpha Research Team
Role Overview
We are seeking a Senior Quantitative Researcher to join our team and contribute to a wide range of quantitative initiatives. This role involves supporting portfolio management and research activities through alpha modeling, risk modeling, and optimization techniques. The successful candidate will collaborate with multiple investment teams to conduct investment research, develop models and work with deployment teams for production implementation.
Salary:
$96,600.00 - $180,600.00
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 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.