I am currently working with a Tier 1 Canadian Investment Bank in the Toronto area that is actively looking to grow their Equities Electronic Trading group due to the massive performance and success that the team had contributed and experienced YTD. This individual will be working directly with the Head of the E-Trading group and sit alongside the sales and trading teams to contribute towards algorithm development, model development, signal research, data analysis, and trading strategy development for the Equities business.
Key Responsibilities:
- Develop and optimize quantitative models and algorithms to enhance electronic equity trading strategies, including low-latency routing and volume forecasting.
- Collect, clean, and manage large and complex datasets from diverse sources, ensuring data quality and integrity for research and modeling purposes.
- Conduct thorough research to improve trading execution strategies, including VWAP algos, and to generate signals for volume forecasting
- Perform extensive backtesting and simulation of trading strategies to assess their robustness, performance, and risk characteristics.
- Work closely with Quant, Sales, Trading and other Global Markets teams to collaborate on extensive research and development projects
Qualifications:
- Degree within a Quantitative Field (e.g., Computer Science, Mathematics, Statistics, Finance, Physics). Master's Degree preferred.
- 1 - 3 years of experience in Quantitative Developer, Researcher, or Analyst seat supporting an electronic or algorithmic trading desk. Knowledge or experience within Equities is preferred but not required
- Proficiency in programming languages such as Java and Python. Strong knowledge of Object-Oriented Programming languages is required.
- Exceptional analytical and problem-solving skills with the ability to interpret complex data and develop actionable insights. Knowledge of statistical modeling, machine learning, and data analysis techniques is a plus.
- Excellent written and verbal communication skills, with the ability to present complex information in a clear and concise manner.
