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Title:  Algorithmic Trading Developer

 

 

 

Requisition ID: 117923

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

The Quantitative Trading Solutions group develops and operates Scotiabank's equity algorithmic trading systems, portfolio trading applications, ETF market-making operations and related technology systems. We work very closely and are tightly integrated with the front-office desks.

 

We are seeking a talented software developer to work with the ETF Services desk to develop and enhance their low-latency algorithmic trading capabilities. ETFs are a key growth area and this is a rare opportunity to play a key role in a substantial trading business and become an integral member of the team.

 

We will consider a range of experience levels and adjust role, compensation, and title accordingly. 

 

 

Key Accountabilities

 

The position will be a primary technical resource for the ETF Trading desk. Key responsibilities are:

 

Enhancing our low latency trading framework, optimizing handling of market data, product pricing, order sending, risk checks and other core system components.  

Designing and developing trading strategies to establish and hedge positions in real-time, buying and selling ETFs, stocks, bonds, FX and related products.  

Analyzing results to look for trading opportunities and ways to improve profitability.

Developing related infrastructure such as ETF composition and modelling, P&L calculation, book management etc.

Analyze system performance and trading results to find ways to improve efficiency and client executions.

Perform support of production trading systems to troubleshoot and quickly resolve any issues or questions”.

 

Functional Competencies

 

Strong software development skills, including algorithmic design, problem solving, optimizing and testing.

Experience in developing real-time event-driven applications, ideally in C++

Background related to trading systems, ETFs, index arbitrage, market-making and similar areas preferred.

Experience with real-time trading systems (Fidessa, Portware, Flextrade, Tbricks, etc..) an asset

Experience coding in a DEV team using a version-control system (Git, Bitbucket)

Effective written and verbal communication skills to bridge between technical content and business objectives

 

Educational Competencies

 

Post-secondary degree in a technology field (Computer Science/Engineering etc.) or equivalent training.

Relevant Industry courses/certification such as CSC, CFA an asset.

#INTECH

 

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.


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