E-Trading Quantitative Researcher

TD; New York (NY); On-site; USD 170,000 - 220,000; Full time

Job summary

A leading financial services provider seeks an E-Trading Quantitative Researcher in New York. The role involves developing trading models and analytics for electronic trading across various markets. Candidates should have extensive experience in algorithmic trading and strong programming skills in Java and Python. This position offers competitive compensation and opportunities for professional growth.

Benefits

Health and well-being benefits

Savings and retirement programs

Paid time off

Career development

Qualifications

• 5+ years of experience in electronic and algorithmic trading.
• Superior software skills in Java and Python.

Responsibilities

• Develop and support pricing, hedging, and algorithm trading models.
• Analyze electronic trading and markets for liquidity and transaction costs.

Skills

Java

Python

Communication

Education

College degree

Job description

Join to apply for the E-Trading Quantitative Researcher role at TD

Join to apply for the E-Trading Quantitative Researcher role at TD

Work Location:

New York, New York, États-Unis d'Amérique

Hours

40

Line Of Business

Solutions technologiques

Pay Detail

$170,000 - $220,000 USD

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

Preferred Qualifications:

Toronto Dominion Securities is one of Canada’s leading providers of advisory and capital market services and the premier provider of liquidity to corporations, governments, and institutions. In the world’s key financial centers, we partner with our clients to deliver innovative financial solutions that help them achieve their strategic and financial goals. Within TDS, the Quantitative Modeling and Analytics team provides models, analytics, and quantitative support to the fx, rates, credit, and commodities business units to enable them to achieve these goals.

Responsibilities

Due to continuing business growth, we are looking to hire an individual to join the New York algorithmic quantitative analytics team within the QMA group. This individual will be responsible for a range of tasks including:

• Work with senior trading, quant, business, and technology management to drive the continued growth of the eTrading business across all fixed income, foreign exchange, and interest rate swaps.
• Develop and support pricing, hedging and algorithm trading models and software for electronic trading in fixed income, foreign exchange, and interest rate markets.
• Develop tools and perform analysis of electronic trading and markets in areas such as liquidity, market structure, profit and loss, and transaction cost analysis.
• Maintain strong knowledge of current markets, technologies, vendors, trends, and innovations and adapt the technology and analytics approaches as appropriate.
• Partner with other areas of TDS including technology, risk management, and compliance to deploy new or enhanced models and components to production.
  
  

The successful candidate will demonstrate skills in multiple distinct areas including:

• 5+ years of experience in electronic and algorithmic trading with a focus on trading models and associated analytics.
• Superior software skills in Java and Python.
• Demonstrated experience in hands-on development and deployment of major components into production trading systems.
• Superior analysis and debugging skills in support of active production trading operations.
• Strong knowledge of electronic and algorithmic trading markets and products in both fixed income and foreign exchange.
• Commercially oriented with a pragmatic approach to project development and delivery.
• Outstanding communication and team-working skills.
• Ability to work in a high-pressure environment with tight deadlines.
  
  

The Senior IT Support Analyst TDS designs and develops quality solutions for program/system issues consistent with project objectives and client requirements, and follow technology architecture standards.

Depth & Scope

• Conducts program/system research, analysis, design and problem resolution
• Ensures defect free programming by testing and debugging using available/appropriate tools and participates in reviewing peer coding
• Participates in identifying and recommending development/testing solutions/tools in support of project objectives
• Develops, implements, maintains and improves solutions/processes that maximize system availability, efficiency/effectiveness and minimize/prevent problems/issues
• Adheres to existing processes/standards, technology architecture, risk and production capacity guidelines and objectives; plans, monitors, tests and escalates issues as required
• Works with the architecture group to ensure good architectural design and raises issues as they develop through the project lifecycle in a timely manner
• Complies with the system development life cycle (SDLC) and project management methodology (PMLC) by participating in scope assessment, risk and cost analysis
• Subject matter expert in at least one area of discipline and consults with clients/or project teams with respect to all aspects of research, analysis, design, hardware/ software support, development of technical solutions and/or testing
• Works independently in a senior/lead role on a diverse range of tasks and may be relied upon to coach/ educate others
• Leads the development of detailed/ complex and/or comprehensive project plans for large projects
• Assignments are moderately to highly complex and multi-faceted
• May provide guidance/direction to a few IT professionals
• Acts as a resource in the exchange of technical information for project teams, the business and/or outside vendors
• Develops and operationalize technology standards, policies and processes to address BSA/AML/OFAC risks
• Develops and maintains a working knowledge of BSA/AML/OFAC risks related to technology projects and processes
• Keeps direct reports informed about relevant information on BSA/AML/OFAC requirements and escalation procedures
  
  

Education & Experience

• College degree, or specialized training / equivalent work experience
• 3+ Years of related experience
• Advanced knowledge of the technical environment/ tools (e.g., user environment, applications, software, hardware, programming languages and operating systems) in own area
• Advanced knowledge of business processes and procedures on a broad, organizational level
• Sound to advanced knowledge of business/ organization, Bank standards, infrastructure, architecture and technology in related areas from a design/ support/ solutions perspective
  
  

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 help clients meet their needs today and prepare for tomorrow. 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Rewards Package

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more

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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at [e-mail]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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