JOB DESCRIPTION:

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 6,900 professionals operating out of 32 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.

JOB DESCRIPTION

Due to continuing business growth, we are looking for a professional with solid STEM background and sound business common sense to join the QED team in Toronto as a Associate (A) or Vice President (VP) depending on experience level.

This individual will be responsible for a range of tasks including:

• Develop and maintain valuation and pricing engines for financial derivatives in C++ model library, updating the codebase based on evolving business needs.
• Improve and update analytical tools for front office trading and sales desks, which involves Python/VBA and UI design.
• Design and implement front-office solutions and strategies to optimize trading efficiencies and decision-making.
• Collaborate with other teams in TDS including front office trading and sales desks, technology, risk management, treasury, finance, and compliance to deploy new or enhanced models to production.
• Oversee trade allocation, pro-actively liaising with middle and back office to resolve issues and ensure a seamless end to end experience.
• Perform thorough literature review and utilize Bloomberg to ensure the models are aligned with latest market practices.
• Execute comprehensive tests to ensure model robustness and reliability.
• Support daily business requirements through active collaboration with team members to address front office needs.
• Document implementation details in library codebase and in Model Development Report.
• Maintain strong knowledge of current markets, trends, and innovations.
• Idea generation - assist in other areas that suit the candidate’s skill set and interests.
• 3+ related working experience for VP position.

JOB REQUIREMENTS

The successful candidate will demonstrate skills in several distinct areas including

• Strong academic background in a relevant field - Mathematics, engineering, computer science background, including a quantitative understanding of statistics and probability.
• Superior programming skills in a modern programming language (C/C++, Python, Java or equivalent language) and familiarity with object-oriented design principles. VBA experience is desirable.
• Strong background of Microsoft Excel and spreadsheet-based analysis.
• Comfortable working on multiple projects, demonstrating initiative and deliver results quickly.
• Ability to solve technical problems and explain the underlying ideas to a non-technical audience.

• Familiar with and comfortable to the standard software development process, including but not limited to version control, Jira ticket tracking and code reviews.Knowledge of financial markets is preferred, in particular, understanding of fixed income products, and financial mathematics is a plus.

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.

• Develop and maintain valuation and pricing engines for financial derivatives in C++ model library, updating the codebase based on evolving business needs.
• Improve and update analytical tools for front office trading and sales desks, which involves Python/VBA and UI design.
• Design and implement front-office solutions and strategies to optimize trading efficiencies and decision-making.
• Collaborate with other teams in TDS including front office trading and sales desks, technology, risk management, treasury, finance, and compliance to deploy new or enhanced models to production.
• Oversee trade allocation, pro-actively liaising with middle and back office to resolve issues and ensure a seamless end to end experience.
• Perform thorough literature review and utilize Bloomberg to ensure the models are aligned with latest market practices.
• Execute comprehensive tests to ensure model robustness and reliability.
• Support daily business requirements through active collaboration with team members to address front office needs.
• Document implementation details in library codebase and in Model Development Report.
• Maintain strong knowledge of current markets, trends, and innovations.
• Idea generation - assist in other areas that suit the candidate’s skill set and interests.
• 3+ related working experience for VP position