Analyst, Derivatives Products

TMX Group; Montreal; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading financial services company in Montreal is seeking a Quantitative Analyst to provide support for strategic initiatives in the futures and options markets. The role requires 1-2 years of relevant experience and involves conducting statistical analysis, developing presentations, and communicating results to stakeholders. You must have strong analytical skills, be fluent in both French and English, and be proficient in quantitative tools such as Excel and SQL. This position is hybrid, requiring 2-3 days in the office each week.

Benefits

Generous time-off

Flexible work environment

Support for personal wellness

Qualifications

• 1 to 2 years of experience in a relevant field.
• Comfortable in ambiguous situations and able to conduct open-ended analysis.
• Curious and self-driven with a desire to learn.

Responsibilities

• Provide quantitative support for strategic initiatives in futures and options markets.
• Perform statistical analysis on exchange data to support recommendations.
• Develop materials for stakeholder communication.

Skills

Statistical analysis

Public speaking

Attention to detail

Interpersonal relations

Communication (written and verbal)

Planning and organization

Fluency in French and English

Education

Undergraduate degree in finance, economics, mathematics, computer sciences, financial engineering, econometrics, or actuarial sciences

Tools

Excel

Tableau

SQL

Job description

Venture outside the ordinary - TMX Careers

The 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?

This role is hybrid (2 - 3 days/week in the office) - based in Montreal, QC. Reporting to the Executive Director, you will provide quantitative support for strategic initiatives in Canada’s futures and options markets. You will perform statistical analysis on exchange data, learn the business and cater the analysis to make it relevant to the business, organize the results of the analysis visually to form a logical narrative, and explain the results to stakeholders to support recommendations on market design. You will attend calls with stakeholders and present the results of their analysis before wider groups.

Key Accountabilities

• Conduct research, in which you have the choice of how to conduct an inquiry, working in dialogue with product owners and sales staff to understand what methods and results would be most relevant to business needs.
• Help the business understand recent changes in the market or in its operations, providing quantitative or graphical materials on the use of products, on client outcomes, and on the effect of commercial activities such as incentive programs and fee structures.
• Produce and update corporate and client presentations.
• Produce revenue projections and model scenarios, providing forecasts in order to help with annual budgeting and prioritization.
• Attend client calls to learn the market and its value to users.
• Support business development, and where necessary, attend corporate and client meetings. Develop relationships with internal stakeholders and business partners.
• Develop an understanding of enterprise initiatives and prepare materials to communicate predicted impacts to stakeholders.
• Conduct periodical statistical reporting pertaining to various aspects of the business to identify relevant market trends and to cater to client requests.
• Maintain quantitative documents that support operations and internal planning.

Must Haves

• 1 to 2 years experience
• Undergraduate degree in finance, economics, mathematics, computer sciences, financial engineering, econometrics, or actuarial sciences
• Experience with quantitative tools (e.g., Excel, Tableau, SQL)
• Sense of planning and organization
• Ability to create and maintain harmonious, effective interpersonal relations
• Attention to detail
• Able to conduct open-ended analysis
• Comfortable in “gray zones” in which it is not obvious how to proceed
• Able to do public speaking and want to sharpen your presentation skills
• Curious and self-driven with a desire to learn
• Good communication, both written and verbal
• Fluency in French and English (spoken and written) is essential for this position, as it involves producing documentation in English and French for external and internal stakeholders who communicate mainly in English and French.

Nice To Haves

• Work in finance, especially derivatives, is an asset
• A master’s degree in an economic, financial, or technical field is an asset
• Certifications: CFA or CSI
• Interest in equity options, futures or in financial markets more generally
• Enjoy the use of statistics and quantitative tools

In 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.