Analyst, Derivatives Products

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Join our team as an Analyst, Derivatives Products, where you will play a pivotal role in providing quantitative support for strategic initiatives within Canada’s futures and options markets. In this role, you will perform sophisticated statistical analysis on exchange data, translating complex datasets into relevant business insights and logical narratives. You will collaborate closely with stakeholders, presenting your findings to drive recommendations on market design and supporting the growth of our derivatives ecosystem.

Reports to: Executive Director, Interest Rates Derivatives

Job Location: This role is hybrid (2-3 days/week in the office) - based in Montreal, QC

Key Accountabilities:

• Strategic Research: Conduct independent research and inquiries, collaborating with product owners and sales teams to apply methodologies and deliver results that align with core business needs.

• Market Insights: Help the business interpret market shifts and operational changes by providing quantitative and graphical analysis on product usage, client outcomes, and the impact of commercial activities (e.g., incentive programs and fee structures).

• Presentation & Communication: Produce and update high-impact corporate and client presentations; attend client calls to deepen market knowledge and present analytical results to broad stakeholder groups.

• Financial Modeling: Generate revenue projections and scenario models, providing essential forecasts to assist with annual budgeting and strategic prioritization.

• Business Development Support: Support growth initiatives by attending corporate meetings and building strong professional relationships with internal stakeholders and business partners.

• Impact Analysis: Develop a comprehensive understanding of enterprise initiatives and prepare communication materials regarding their predicted impacts.

• Statistical Reporting: Conduct periodic statistical reporting to identify market trends and fulfill specific client data requests.

• Operational Maintenance: Maintain essential quantitative documentation that supports daily operations and internal long-term planning.

Must haves:

• Experience: 1 to 2 years of relevant professional experience.

• Education: Undergraduate degree in Finance, Economics, Mathematics, Computer Sciences, Financial Engineering, Econometrics, or Actuarial Sciences.

• Technical Skills: Proficiency with quantitative tools (e.g., Excel, Tableau, SQL).

• Analytical Mindset: Ability to conduct open-ended analysis and remain effective in "gray zones" where procedural paths may not be immediately obvious.

• Communication: Strong written and verbal communication skills; comfortable with public speaking and a desire to sharpen presentation abilities.

• Soft Skills: Exceptional attention to detail, strong organizational/planning skills, and the ability to maintain harmonious interpersonal relationships.

• Attributes: Curious, self-driven, and a continuous learner.

• Language Proficiency: Fluency in French and English (spoken and written) is essential for this position, as it involves producing documentation for external and internal stakeholders who communicate in both languages.

Nice to haves:

• Industry Knowledge: Prior experience in finance, specifically within the derivatives sector.

• Advanced Education: A Master’s degree in an economic, financial, or technical field.

• Certifications: CFA or CSI designations.

• Interests: A genuine interest in equity options, futures, financial markets, and the application of statistics and quantitative tools.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.