CMC Markets

Finance

QuantitativeTrader

Toronto, Ontario, Canada FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Entry candidates.

The Brief

“Quantitative Trader at CMC Markets. Skills: Quantitative trading, Risk management, Python. Operate the dealing desk. Execute algorithmic trades”

What You'll Achieve.

Improve efficiency in hedge execution; Improve efficiency in flow management; Ensure risk management aligns with trading strategy; Identify significant changes in trading costs; Suggest cost-saving opportunities; Address revenue risks

Industry & Context.

Finance
Problems you'll solve

Quantitative skills; Analytical skills; Data analysis; Modelling

Eligibility Requirements

Availability to work a mix of week day and weekends

What They're Looking For.

Must Have

Degree in Mathematics, Degree in Engineering, Degree in Physics, Degree in Computer Science, Internship or early-career experience in the front office, Quantitative and analytical skills, Data analysis experience, Modelling experience, Python proficiency, Understanding of financial markets, Understanding of trading strategies, Understanding of how external events influence product pricing, Excellent communication skills

Nice to Have

Equities internship experience, FX internship experience, Derivatives internship experience, Experience in related areas, Python for automation, Python for data analysis, Python for algorithmic trading, Interest in financial markets, Interest in trading strategies, Interest in how external events influence product pricing, Ability to collaborate across teams

What You'll Do.

Operate the dealing desk

Execute algorithmic trades

Facilitate automation in pricing

Facilitate automation in risk management

Contribute to risk management practices

Maintain trading exposures within limits

Collaborate with Financial Risk Management team

Apply data-driven approach to strategy

Monitor external trading costs

Track market impact of hedge executions

Ensure exchange rules compliance

Review client activity for risks

Assess best execution obligations

Make adjustments to pricing configurations

How You'll Work.

Team & Collaboration

Collaborate with the Financial Risk Management team; Working alongside Sales and Financial Risk teams

Communication Scope

Excellent communication skills

Full Job Description

Are you a recent graduate with internship experience in trading or finance, and strong Python skills? Join us at CMC Markets as we expand our Trading desk in Toronto! **This role will require availability to work a mix of week day and weekends.** **About the Role:** As a Quantitative Trader, you’ll play a key role in managing market risk and supporting algorithmic trading on a fast-paced dealing desk. This is a dynamic position ideal for someone with front-office internship experience eager to develop their career in trading. **What You’ll Do:** * Operate the dealing desk on a day-to-day basis, including executing algorithmic trades and hedging market risk associated with CMC’s product offering. * Facilitate the increased use of automation in pricing and risk management to improve efficiency in hedge execution and flow management. * Contribute to optimal risk management practices — from concept to implementation — ensuring they align with overall trading strategy. * Maintain the firm’s global trading exposures within predefined company limits (MRCR, Risk and P&L). * Collaborate with the Financial Risk Management team to develop a strong understanding of market, credit, and liquidity risk across products. * Apply a data-driven approach to all strategy decisions using Python and other analytical tools to extract insights and support improvements. * Monitor and analyse all external trading costs, identifying significant changes and suggesting cost-saving opportunities. * Track the market impact of hedge executions and ensure full compliance with relevant exchange rules. * Review client activity and system behaviour for risks to revenue, working alongside Sales and Financial Risk teams to address any issues. * Regularly assess the firm's best execution obligations — reviewing reports daily and making adjustments to pricing configurations as needed. **What We’re Looking For:** * A degree in a relevant scientific or quantitative discipline (e.g. Mathematics, Engineering,

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