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Algorithmic Jobs in Toronto, ON (NOW HIRING)

Own the complete lifecycle of algorithmic solutions from problem formulation, data exploration, and feature engineering to deployment, monitoring, and iteration * Prioritize and lead deep dives into ...

Analysis of ML/AI algorithms and workloads to drive future features in Qualcomm's ML HW/SW offerings Key Responsibilities: * Contributing to the development and evolution of ML/AI compilers

FPGA Compiler (Placer) Engineer

Toronto, ON · On-site

CA$129.10 - CA$187/hr

Placement Algorithm Development: Design, implement, and enhance FPGA placement algorithms to optimize timing, congestion, and resource utilization. * Compiler Flow Enhancement: Contribute to the end ...

Manage machine learning algorithm lifecycle. * Coordinate data collection and annotation efforts. * Work with real-time data and content coming from various data sources. * Manage machine learning ...

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Showing results 1-20

Algorithmic information

See Toronto, ON salary details

$76.3K

$148.7K

$344K

How much do algorithmic jobs pay per year?

As of Sep 11, 2026, the average yearly pay for algorithmic in Toronto, ON is $148,688.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,886.00 and $154,125.00 per year, depending on experience, location, and employer.

What is an algorithmic job?

Algorithmic jobs involve designing, analyzing, and implementing algorithms to solve specific problems or optimize processes. Professionals in these roles often work in fields like computer science, finance, and engineering, where they create solutions for data processing, automation, or trading systems. These jobs require strong analytical skills, proficiency in programming languages, and a solid understanding of mathematical concepts. Algorithmic roles can range from developing search algorithms for software applications to creating automated trading strategies in financial markets.

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

To thrive as an Algorithmic Trader, you need a strong background in quantitative analysis, programming (often in Python, C++, or R), and financial markets, typically supported by a degree in finance, mathematics, computer science, or a related field. Familiarity with trading platforms, statistical modeling tools, and certifications like CFA or FRM can enhance your expertise. Analytical thinking, attention to detail, and strong decision-making skills set top performers apart in this competitive field. These skills ensure the development, testing, and execution of effective trading strategies in rapidly changing market environments.

What are some common challenges faced by professionals in algorithmic roles, and how can these be addressed?

Professionals in algorithmic roles often encounter challenges such as optimizing algorithms for efficiency, managing large and complex data sets, and ensuring their solutions scale well in production environments. Collaborating closely with data engineers, software developers, and product teams is essential to address these issues. Keeping up-to-date with the latest advancements through continuous learning and code reviews, as well as leveraging peer feedback, can help overcome technical hurdles and improve algorithm performance.

What is the difference between Algorithmic vs Data Analyst?

AspectAlgorithmicData Analyst
Required CredentialsDegree in Computer Science, Mathematics, or related fields; programming skillsDegree in Statistics, Mathematics, or related fields; analytical skills
Work EnvironmentTech companies, finance, research labs; focus on coding and algorithm developmentBusiness, marketing, finance; focus on data interpretation and reporting
Employer & Industry UsageUsed in software development, quantitative research, AIUsed in marketing, finance, healthcare for data-driven decisions

While both roles involve working with data, Algorithmic professionals primarily develop algorithms and coding solutions, often in technical environments. Data Analysts focus on analyzing data sets to generate insights and reports. Understanding these differences helps in choosing the right career path or job search focus.

What jobs use algorithms?

Algorithmic jobs include roles such as data scientist, software engineer, machine learning engineer, and quantitative analyst. These positions involve designing, implementing, and optimizing algorithms to solve complex problems, often requiring programming skills in languages like Python, C++, or Java, and knowledge of data structures and mathematical concepts.
Infographic showing various Algorithmic job openings in Toronto, ON as of August 2026, with employment types broken down into 100% Full Time. Highlights an 57% In-person, and 43% Remote job distribution, with an average salary of $148,688 per year, or $71.5 per hour.

2027 Capital Markets, Global Equities, Algorithmic Trading Developer - Market Making (4 Months)

Toronto, ON • On-site

Rbc
Banking and Credit Intermediation • 10K+ employees

CA$60K - CA$100K/yr

Full-time

Posted 14 hours ago

Posted today


Job description

Job Description

Step into the future of trading with RBC Capital Markets! The Electronic Market Making group, a high-frequency trading team, is seeking an Algorithmic Trading Developer to join our desk on the largest trading floor in Canada. In this role, you will develop high-performance trading algorithms that drive liquidity and manage risk in a fast-paced market. Bring your technical expertise to one of Canada's leading investment banks and help shape the future of trading.

Global Equities

As a key part of Global Equities, our team is dedicated to advancing and refining equities trading strategies and systems globally. We are widely recognized for our forward-thinking approach and our commitment to fostering both innovative and a collaborative culture within the financial industry.

By joining this team, you will contribute to and spearhead projects with direct, real-world impact on RBC Capital Markets' daily operations. Our team members bring a diverse set of skills, ranging from creative problem-solving to advanced quantitative modeling, and apply these to enhance and develop cutting-edge trading systems.

Notable achievements include RBC's patented smart order routing technology, THOR (featured in Michael Lewis' book Flash Boys), and the creation of Canada's first artificial intelligence-powered trading network

What will you do?

  • Develop and implement quantitative models that drive market-making activities.

  • Design and maintain high-frequency trading systems and infrastructure.

  • Build technical solutions that solve business problems and provide scalable, and reliable trading

  • You will be given freedom and independence to implement solutions, and will have a strong support network of excellent developers, researchers, and quants to help ensure your solutions are successful in production

What do you need to succeed?

Must Have:

  • Post-secondary education in a quantitative field such as Engineering, Mathematics, Statistics, Economics or Computer Science

  • Candidates must be graduating from their undergraduate programs in either December 2027 or Spring 2028

  • Strong programming skills in C/C++/Python/Java.

  • Knowledge of well-established operating systems such as Unix, Linux, Windows

  • Strong analytical and problem solving skills

  • Excellent teamwork and communication skills

  • Experience in finance not required

Nice to Have:

  • Understanding of algorithmic trading

  • Data driven programming

  • Experience in any of the following fields is an asset:

    • High frequency trading

    • Game engine development

    • Audio processing

    • Hardware development

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • Leaders who support your development through coaching and managing opportunities

  • Ability to make a difference and lasting impact

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Opportunities to do challenging work and make a difference

  • Opportunities to building close relationships

We thank all interested candidates; however, only those selected for an interview will be contacted.

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Job Skills

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2026-09-10

Application Deadline:

2026-09-21

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Pay Range

The expected pay range for this position is:

$60,000.00 - $100,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. RBC supports pay transparency and we strive to ensure all pay ranges and competitive, fair, and equitable. Your actual pay is determined by a number of factors, including your experience, skills and education.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

Join our Talent Community

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.