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Algorithmic Trading Developer Jobs in Toronto, ON

Lead Core Backend Developer

Mississauga, ON · On-site

CA$120K - CA$170K/yr

The successful candidate will gain valuable exposure to the Electronic Trading business and an ... algorithms, and problem-solving skills * Application deployment and debugging of applications on ...

The Trade Desk is a global technology company with a mission to create a better, more open internet ... ABOUT THE ROLE Our team is responsible for developing algorithms that run in our real time bidding ...

Ability to make sound technical trade-offs across speed, risk, scalability, and maintainability ... Strong theoretical and practical knowledge of classical machine learning algorithms (e.g ...

... trade-offs for future-generation AMD platforms. * Publish and promote your work at external venues ... Strong technical expertise in algorithmic innovation for efficient simulation, training, and ...

Showing results 21-40

Algorithmic Trading Developer information

What is an algorithmic trading developer?

An Algorithmic Trading Developer is a software professional who designs, builds, and maintains computer programs (algorithms) that automatically execute trades in financial markets. These developers combine knowledge of programming, quantitative analysis, and financial markets to create strategies that can analyze market data and place trades faster and more efficiently than human traders. Their work often involves working with large datasets, optimizing code for speed, and ensuring low-latency execution. They may also collaborate with traders and quantitative analysts to implement and test new trading ideas.

What are the key skills and qualifications needed to thrive as an algorithmic trading developer?

To thrive as an Algorithmic Trading Developer, you need strong programming skills (especially in Python, C++, or Java), a solid grasp of quantitative finance, and typically a degree in computer science, mathematics, or related fields. Expertise in trading platforms, financial data APIs, and familiarity with machine learning libraries and version control systems is common, alongside relevant certifications like CFA or CQF. Exceptional analytical thinking, attention to detail, and problem-solving abilities are crucial soft skills for success in this role. These capabilities enable developers to design, test, and optimize trading algorithms that perform reliably and profitably in dynamic financial markets.

What are some common challenges algorithmic trading developers face when deploying new trading strategies?

Algorithmic Trading Developers often encounter challenges such as ensuring low-latency execution, accurately backtesting strategies with real-world data, and managing the risks of live trading. Deployment requires close collaboration with quantitative analysts, traders, and IT teams to validate models and maintain robust infrastructure. Additionally, developers must monitor for unexpected market conditions and quickly address any system failures or regulatory changes that could impact trading performance.

What is the difference between Algorithmic Trading Developer vs Quantitative Analyst?

AspectAlgorithmic Trading DeveloperQuantitative Analyst
Required CredentialsBachelor's or Master's in Computer Science, Finance, or related fields; programming skillsDegree in Mathematics, Statistics, Finance, or Economics; strong analytical skills
Work EnvironmentDevelops trading algorithms, codes, tests, and implements trading systemsBuilds models, analyzes data, and provides trading insights
Employer & Industry UsageFinancial firms, hedge funds, trading firms focusing on system developmentInvestment banks, hedge funds, asset managers focusing on data analysis

While both roles work within the finance industry and require quantitative skills, Algorithmic Trading Developers primarily focus on coding and implementing trading algorithms, whereas Quantitative Analysts analyze data and develop models to inform trading strategies.

How to become an algorithmic trading developer?

To become an algorithmic trading developer, you typically need a strong background in computer science, mathematics, or finance, with proficiency in programming languages such as Python, C++, or Java. Knowledge of financial markets, trading strategies, and experience with data analysis, algorithm design, and trading platforms are essential. Gaining relevant certifications or completing specialized courses can also enhance your qualifications.

What are popular job titles related to Algorithmic Trading Developer jobs in Toronto, ON?

For Algorithmic Trading Developer jobs in Toronto, ON, the most frequently searched job titles are:

What job categories do people searching Algorithmic Trading Developer jobs in Toronto, ON look for?

The top searched job categories for Algorithmic Trading Developer jobs in Toronto, ON are:

Infographic showing various Algorithmic Trading Developer job openings in Toronto, ON as of August 2026, with employment types broken down into 86% Full Time, 4% Part Time, and 10% Contract. Highlights an 80% Physical, 7% Hybrid, and 13% Remote job distribution.

Lead Core Backend Developer

Citi

Mississauga, ON • On-site

CA$120K - CA$170K/yr

Full-time

This job post has expired 2 days ago. Applications are no longer accepted.


Citibank rating

8.4

Company rating: 8.4 out of 10

Based on 179 frontline employees who took The Breakroom Quiz

39th of 174 rated banks


Job description

We are looking for a talented and passionate individual to join our Java Server development team and continue to evolve our next-generation rates reference data application.

The successful candidate will gain valuable exposure to the Electronic Trading business and an opportunity to work on a large scale, modern technology platform with a global presence. The team works closely with end users gaining direct exposure to the fast-paced world of front office trading and finance.

Responsibilities:

  • Understanding of good design principles and ability to adhere to complex design
  • Development of common, reusable components and services utilizing Citi’s best practices
  • Responsible for creating high performance, low latency applications leveraging existing Citi framework
  • Ensuring strong reliability, scalability and performance of our components
  • Apply an engineering mind-set to development work: understand use-cases in details, develop metrics to build good estimates of volume and compute velocity requirements, understand and discuss openly any implementation limitations or workaround
  • Contribute actively to system design decisions
  • Evaluate and build POCs for new strategic initiatives and work to convert to industrial level solutions
  • Provide post release assistance to business, development and support groups
  • Develop application as per best practice and remain compliant with prescribed best practices (TDD, maintain high unit test coverage, CI…)
  • Assisting in third line support during core trading hours 

Qualifications:

  • 8+ years of strong hands-on development experience using Java including expertise with Spring or another dependency injection framework
  • 5+ years’ experience in developing and maintaining highly scalable, real-time, low latency, high-volume, scalable microservices
  • Experience with real-time messaging middleware (Kafka, RabbitMQ, Solace, Tibco, …)
  • Experience working with multi-threaded applications
  • Strong software development fundamentals, data structures, design patterns, Object-Oriented programming, architecture, algorithms, and problem-solving skills
  • Application deployment and debugging of applications on UNIX/LINUX

Nice to Have:

  • Understanding of capital markets and financial derivatives (rates or other)
  • Experience with system performance tuning and low latency Java programming
  • Hands-on experience in database technologies, including RDBMS (Oracle, …) and No SQL (MongoDB)
  • Experience with In-Memory Datastore/Cache libraries (Sol cache, Redis, Apache Ignite, Gemfire, …)
  • Experience with CI/CD pipelines
  • Test-driven development, including Unit and End-to-End Testing.
  • Competencies:
  • Strong verbal and written communication skills; ability to face off to business users
  • Self-motivated individual and with determination to achieve goals
  • Willingness to learn, both technically and professionally
  • Strong analytical and problem solving skills
  • Good team working skills and ability to work in a distributed global team environment
  • Ability to work on a fast-pace environment; Flexible and able to deliver quality results in the required timeframe

Education:

  • Bachelor’s degree/University degree or equivalent experience

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Job Family Group: Technology

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Job Family:Applications Development

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Time Type:Full time

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Primary Location Full Time Salary Range:$120,800.00 - $170,800.00

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Most Relevant Skills Please see the requirements listed above.

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Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.

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Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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This job opening is for an existing job vacancy.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.


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About Citigroup Inc

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We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US