Analyst Or Associate - Equity Options Trading

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 95,000 - 135,000; Full time

Benefits offered by this job

Total Rewards package

Job summary

The Toronto-Dominion Bank (Canada) is seeking an Analyst/Associate for the Equity Options Trading team within TD Securities. You will support trading strategy development, portfolio risk management, and data analytics in a fast‑paced capital markets environment.

The role involves collaborating with GED and sales, enhancing infrastructure, and ensuring compliance with risk limits and regulatory requirements across a global client base. Toronto location, full‑time employment.

Qualifications

• Undergraduate degree in Mathematics, Computer Science, Engineering, Finance, or a quantitative field.
• Industry experience is preferred.
• Programming and database functionality skills are required.
• Strong communication, critical thinking and problem solving abilities.
• Detail oriented, able to work under pressure and multi‑task.
• Self‑motivated and able to work independently within a team.

Responsibilities

• Support development and implementation of options trading, hedging, and market‑making strategies.
• Execute and book trades accurately while following risk controls.
• Monitor and manage portfolio risk.
• Enhance trading infrastructure, workflows, analytics, and automation.
• Partner with sales to identify client opportunities and grow desk PnL.
• Collaborate across GED and dealer network to identify growth opportunities.
• Maintain adherence to regulatory requirements and internal policies.

Skills

Programming & DB skills

Communication

Critical thinking

Detail orientation

Self-motivation

Education

Undergraduate degree in Mathematics/CS/Engineering/Finance

Job description

Job Details

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: TD Securities

Pay Details: $95,000 - $135,000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description

TD Securities provides a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our knowledge, innovation, and experience across key areas of finance, including Investment and Corporate Banking, Capital Markets, Interest Rates, Foreign Exchange, Equities, and Derivatives. TD Securities serves clients globally through the underwriting and distribution of new debt and equity issuances, advising on strategic acquisitions and divestitures, and providing execution and risk management solutions across a broad range of trading and investment activities. The Equity Options Trading team is part of Global Equity Derivatives (GED) within the TD Securities Global Markets Sales & Trading business. The team serves Canadian, US, and international clients, including pension funds, asset managers, ETF providers, hedge funds and retail investment advisors. The team specializes in Canadian OTC and listed options on single stocks, ETFs, and indices with maturities ranging from same-day expiry to 10 years. The Analyst/Associate will support the growth of the Equity Options platform through involvement in trading strategy development, portfolio risk management, client facilitation, content creation, infrastructure enhancement, and data analytics. The successful candidate will operate within the GED-specific risk limits and policies, in the context of the wider TD Top of the House Risk Appetite and the prevailing Regulatory Framework.

Job Responsibilities

• Support the development and implementation of options trading, hedging, and market‑making strategies.
• Execute and book trades accurately and efficiently while adhering to established operational and risk controls.
• Assist in the monitoring and management of portfolio risk.
• Contribute to the enhancement of trading infrastructure, workflows, analytics, and automation capabilities.
• Partner with sales to identify client opportunities and synergistic trade ideas to grow desk PnL.
• Collaborate across GED and the broader dealer to identify and execute on business growth opportunities.
• Maintain strict adherence to all regulatory requirements, internal policies, risk limits, and operational procedures.

Education & Experience

Undergraduate degree in Mathematics, Computer Science, Engineering, Finance, or other quantitative discipline.

• Applicable industry experience preferred.
• Computer programming and database functionality skills.
• Strong communication, critical thinking, and problem‑solving skills.
• Detail oriented and able to work under pressure, establish priorities and multi‑task.
• Self‑motivated and proactive with the ability to work independently while contributing effectively within a team environment.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues, providing trusted advice and industry‑leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly‑diverse equity research franchise, while growing our strong, diversified investment bank. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Total Rewards Package

Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well‑being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well‑being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well‑being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

Additional Information

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home. Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

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Our Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in my community, explore and grow your career and be part of our caring and inclusive culture.

Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

TD Ready Commitment

T D has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi‑year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

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