Quantitative Analyst

TMX Group

  • Toronto, ON
  • Permanent
  • Full-time
  • 17 hours ago
Venture outside the ordinary - TMX CareersThe TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.Ready to be part of the action?Are you driven by data and fascinated by the inner workings of financial markets? TMX Group is seeking a highly motivated and inquisitive Quantitative Analyst to join our dynamic Equity Product Design team. In this role, you will dive deep into our vast and unique datasets to uncover trends, analyze market behaviour, and generate insights that inform strategic decisions and product development. You will oversee weekly market share investigations, and collaborate with the Product and CRM teams on remediation of any market share slippage.This is a chance to apply your technical skills to real-world challenges and develop a profound understanding of Canada's equity markets from the ground up. If you love asking "why" and have a passion for solving complex puzzles, we want to hear from you.This role is hybrid (3 days/week in the office) - based in Toronto, ON.Team: Equity Products GroupKey Accountabilities:Analyze large, complex datasets related to trading activity, order flow, and market data using Python and SQL.Develop, maintain, and enhance analytical scripts and tools to monitor market quality and investigate trading patterns.Conduct ad-hoc research projects to answer critical questions from internal business units, regulators, and clients.Own the investigation into any overall market share deviations, in order to determine drivers and suggest remediation processes.Create clear and compelling data visualizations, reports, and presentations to share your findings with both technical and non-technical stakeholders.Collaborate with product, technology, and business development teams to support the creation of new data-driven products and services.Continuously learn and stay current with market trends, academic research, and new analytical techniques.Must Have(s):A Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or a related discipline.Strong proficiency in Python for data analysis, particularly with libraries like pandas, NumPy, and Matplotlib/Seaborn.Solid experience writing complex and efficient SQL queries to extract and manipulate data from relational databases.Exceptional communication skills (both written and verbal), with the ability to distill complex quantitative concepts into clear, actionable insights.A genuinely inquisitive mindset, a proactive approach to problem-solving, and a strong desire to learn.High attention to detail and a commitment to producing accurate, high-quality work.Nice to Have(s):A demonstrable knowledge of equity market structure, including concepts like order types, liquidity, algorithmic trading, and market fragmentation.Experience with data visualization tools such as Tableau or Power BI.Familiarity with financial market data (e.g., tick data, order book data).Progress towards or completion of the CFA designationIn the market for…Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

TMX Group