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Algorithmic Trading Jobs in Quebec (NOW HIRING)

The multi-faceted and highly technical Montreal team plays a critical role in building and maintaining our leading technology platform, including electronic trading, algorithm trading, cloud ...

Analyst

Montreal, QC · On-site

We are a vertically integrated team, aiming for every team member to ultimately be able to fully own the trading algorithm development process; from understanding the trading intentions, researching ...

The multi-faceted and highly technical Montreal team plays a critical role in building and maintaining our leading technology platform, including electronic trading, algorithm trading, cloud ...

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Algorithmic Trading information

What Is Algorithmic Trading?

Algorithmic trading involves trading in equities, currencies, or other financial instruments using computer programs. A trading program uses an algorithm to calculate current market conditions. This trading method is automated, so the program buys or sells the financial instrument when the algorithm says that the market meets all the requirements for a profitable trade. To create an algorithm, you perform mathematical and statistical analysis, also known as quantitative analysis, on an exchange or equity. After creating an algorithm with defined trading rules, you test it using historical market data. While this is primarily a technical field, you also need an understanding of the market.

How to become an algorithmic trader?

To become an algorithmic trader, you should develop strong programming skills in languages like Python or C++, gain knowledge of financial markets and trading strategies, and learn to use trading platforms and data analysis tools. A background in mathematics, statistics, or computer science is often essential, and many traders pursue certifications such as the Chartered Market Technician (CMT) or Financial Risk Manager (FRM). Experience with backtesting and risk management is also important for success in this field.

Is algo trading a good career?

Algorithmic trading is a specialized career that involves developing and implementing automated trading strategies using programming skills, data analysis, and financial knowledge. It can be lucrative and in demand in financial firms, but it requires strong technical expertise, continuous learning, and understanding of market regulations. Success in this field depends on technical proficiency, risk management, and staying updated with market trends.

Who is the richest Algo trader in the world?

Algorithmic trading is a specialized finance role involving the use of algorithms and programming skills to execute trades. While individual net worth is often private, some of the most successful algorithmic traders and quant hedge fund managers, such as Jim Simons, have accumulated significant wealth through quantitative strategies and advanced data analysis. These professionals typically work in high-frequency trading firms or hedge funds and require strong mathematical, programming, and financial skills.

What is algorithmic trading?

Algorithmic trading refers to the use of computer programs and algorithms to automatically execute trading orders in financial markets. These algorithms follow predefined rules based on factors like price, timing, and volume to optimize trading strategies and reduce human intervention. Algorithmic trading is widely used by institutional investors, hedge funds, and individual traders to increase efficiency, minimize costs, and capitalize on market opportunities. It can range from simple rule-based systems to complex strategies involving machine learning and artificial intelligence.

What is the difference between Algorithmic Trading vs Quantitative Analyst?

AspectAlgorithmic TradingQuantitative Analyst
Required CredentialsDegree in finance, computer science, or related field; programming skillsDegree in mathematics, statistics, or finance; strong analytical skills
Work EnvironmentTrading firms, hedge funds, financial institutions; fast-pacedInvestment banks, asset management firms; research-focused
Employer & Industry UsageUsed to automate trading strategiesDevelops models to inform trading decisions

While both roles involve quantitative skills and finance knowledge, Algorithmic Traders focus on implementing automated trading systems, whereas Quantitative Analysts develop models and strategies that may be used by traders or firms. The roles often overlap but differ mainly in their primary focus: execution versus modeling.

What are the main challenges faced by professionals in algorithmic trading, and how can they be addressed?

Professionals in algorithmic trading often encounter challenges such as developing strategies that remain effective in rapidly changing markets, minimizing latency for faster execution, and managing the risks associated with automated trading systems. To address these challenges, it's essential to stay updated with the latest market trends and technological advancements, conduct rigorous backtesting of algorithms, and implement robust risk management protocols. Collaboration with quantitative analysts, software engineers, and risk managers is also key to ensuring strategies are both innovative and resilient.

Can I make money with algorithmic trading?

Algorithmic trading professionals develop and implement automated trading strategies that can generate profits if the algorithms are well-designed and market conditions are favorable. Success depends on skills in programming, data analysis, and risk management, and consistent profitability is not guaranteed. Many traders experience both gains and losses, and ongoing testing and optimization are essential for potential profitability.

What are the key skills and qualifications needed to thrive as an Algorithmic Trader, and why are they important?

To thrive as an Algorithmic Trader, you need a strong background in quantitative analysis, programming (often Python, C++, or Java), and a solid understanding of financial markets, typically supported by a degree in mathematics, engineering, finance, or computer science. Familiarity with statistical modeling tools, trading platforms, and backtesting systems is essential, and certifications such as CFA or FRM can be advantageous. Superior problem-solving skills, attention to detail, and the ability to work under pressure set standout professionals apart in this field. These skills are crucial to developing, implementing, and refining trading strategies that can operate profitably and reliably in fast-moving financial environments.
What are popular job titles related to Algorithmic Trading jobs in Quebec? For Algorithmic Trading jobs in Quebec, the most frequently searched job titles are:
What job categories do people searching Algorithmic Trading jobs in Quebec look for? The top searched job categories for Algorithmic Trading jobs in Quebec are:
Infographic showing various Algorithmic Trading job openings in Quebec as of July 2026, with employment types broken down into 1% Internship, 85% Full Time, 12% Part Time, 1% Contract, and 1% Nights. Highlights an 80% Physical, 3% Hybrid, and 17% Remote job distribution.

Analyst, Electronic Trading Algorithmic Development

National Bank

Montreal, QC • On-site

Full-time

Medical, Retirement

Re-posted 13 days ago


Job description

As an Analyst on the Electronic Trading Algorithmic Development team within Financial Markets at National Bank Financial, you will help build and evolve our electronic trading capabilities. We are seeking motivated professionals who enjoy working in small teams and are passionate about building and dealing with complex engineering problems.

You will work closely with traders and quantitative colleagues to deliver production-ready solutions across the full lifecycle, from strategy design and implementation to testing, monitoring, and continuous improvement. The scope includes platform and analytics development, including trading analytics tooling, as well as machine learning capabilities for data modelling, with a strong focus on performance, reliability, and measurable trading outcomes. Your role
  • Design and implement trading strategies in close collaboration with traders.
  • Build and enhance pre-trade and post-trade analytics data workflows and tools to improve trading decisions.
  • Utilize machine learning capabilities to strengthen market analysis and uncover actionable insights.
  • Optimize and refine existing strategies to improve performance and robustness.
  • Develop and maintain unit/integration tests.
  • Provide second-level support for the trading platform, including troubleshooting and incident follow-up.
  • Share knowledge across the team and with business partners through documentation and reviews.
  • Stay current on market and engineering trends; promote modern development practices.
Your team

You will join a team of 11 colleagues on the Electronic Trading Algorithmic Development team and report to the Managing Director of Electronic Trading.

You will gain hands-on exposure to FX and Fixed Income electronic trading and the systems that power pricing, execution, and analytics.

Prerequisites Required
  • Degree in CS or Engineering (BSc with 3 years or MSc with 1 of relevant experience).
  • Strong development experience in at least one of Java /C++/python or JavaScript.
  • Strong communication skills and the ability to explain technical concepts to non-technical partners.
  • Ability to gather requirements and translate them into clear designs and deliverable plans.
Preferred / nice to have
  • Experience with low-latency and/or real-time systems.
  • Knowledge of Canadian and/or U.S. financial market microstructure.
  • Experience with machine learning and/or cloud-native application development.
  • Experience developing market-making, systematic trading, or electronic execution strategies.
What we offer
  • Opportunity to work on production electronic trading systems in a collaborative environment.
  • Exposure to FX and Fixed Income markets, and to modern analytics tooling (including AWS).
  • Technical growth through peer reviews, mentorship, and knowledge sharing.
Your benefits
In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

* Health and wellness program, including many options
* Flexible group insurance
* Generous pension plan
* Employee Share Ownership Plan
* Employee and family assistance program
* Preferential banking services
* Involvement in community initiatives
* Telemedicine service
* Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment
We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Join us!