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Part Time Algorithmic Trading Quant Jobs in Toronto, ON

Part Time Algorithmic Trading Quant information

What is a part time algorithmic trading quant?

A Part Time Algorithmic Trading Quant is a professional who develops, tests, and implements mathematical models and algorithms to make automated trading decisions, typically working fewer hours than a full-time quant. They use programming, statistical analysis, and financial market knowledge to create strategies that can profit from market movements. Part-time quants may work for hedge funds, proprietary trading firms, or as independent contractors, and their flexible schedule allows them to balance other commitments while contributing to the trading team's goals.

What are the key skills and qualifications needed to thrive as a part time algorithmic trading quant?

To thrive as a Part Time Algorithmic Trading Quant, you need strong quantitative analysis skills, proficiency in statistics and mathematics, and typically a background in finance, computer science, or a related field. Familiarity with programming languages like Python or C++, experience with trading platforms, and knowledge of machine learning libraries or financial databases are important technical qualifications. Attention to detail, problem-solving ability, and strong communication skills help you stand out in this role. These skills are crucial for developing, implementing, and optimizing trading strategies in fast-paced, data-driven environments where accuracy and adaptability are essential.

What are the typical challenges faced by part time algorithmic trading quants when balancing project deadlines with market hours?

Part-time algorithmic trading quants often face the challenge of synchronizing their limited working hours with the fast-paced and sometimes unpredictable nature of financial markets. Meeting project deadlines can be particularly demanding, as market opportunities and anomalies may arise outside of their scheduled work times. Effective time management, clear communication with the trading team, and automation of routine tasks are essential for success in this role. Collaborating closely with full-time colleagues and using version control systems can also help ensure smooth project handovers and maintain continuity.

What is the difference between Part Time Algorithmic Trading Quant vs Part Time Quantitative Analyst?

AspectPart Time Algorithmic Trading QuantPart Time Quantitative Analyst
CredentialsTypically requires degrees in Computer Science, Mathematics, or Engineering; programming skills essentialRequires degrees in Finance, Economics, Mathematics; strong analytical skills needed
Work EnvironmentPrimarily in trading firms or hedge funds, focused on developing trading algorithmsIn finance institutions, focusing on data analysis, model development, and risk assessment
Industry UsageCommonly employed in algorithmic trading firms and hedge fundsUsed across investment banks, asset management firms, and financial services

While both roles involve quantitative skills and finance knowledge, the Part Time Algorithmic Trading Quant specializes in developing and implementing trading algorithms, often requiring programming expertise. The Part Time Quantitative Analyst focuses more broadly on financial data analysis and model development without necessarily coding trading systems. Understanding these differences helps candidates target their job search effectively.

What are the most commonly searched types of Algorithmic Trading Quant jobs in Toronto, ON?

The most popular types of Algorithmic Trading Quant jobs in Toronto, ON are:

Infographic showing various Part Time Algorithmic Trading Quant job openings in Toronto, ON as of July 2026, with employment types broken down into 3% Locum Tenens, 29% Full Time, 4% Part Time, and 64% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution.

VP, Algo and E-Trading QA and Controls Testing Manager

BMO Capital Markets

Toronto, ON

CA$100K - CA$160K/yr

Full-time, Part-time

Medical, Life, Retirement

Posted 5 days ago


Job description

Application Deadline:

10/29/2026

Address:

100 King Street West

Job Family Group:

Capital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

Role Summary

The Senior QA Analyst is responsible for testing and validating electronic trading platforms, algorithmic trading solutions, and related controls.

The role works closely with Trading, Quantitative Research, Technology, Risk, and Compliance teams to ensure system quality, stability, and regulatory compliance.

Key Responsibilities

  • Execute functional, UAT, regression, and control testing for trading applications.

  • Develop and maintain test plans, test cases, and test scripts.

  • Validate new system functionality, enhancements, and releases.

  • Identify, document, and track defects through resolution.

  • Partner with business and technology stakeholders to understand requirements and expected outcomes.

  • Support test automation initiatives where appropriate.

  • Validate trading and risk management controls.

  • Support regulatory, compliance and audit-related testing activities

  • Maintain accurate, audit-ready testing documentation and evidence.

  • Provide testing status and release readiness updates.

Required Qualifications

  • Experience in QA, UAT, or application testing within Capital Markets.

  • Knowledge of electronic trading platforms and trading workflows.

  • Understanding of algorithmic trading and trading controls.

  • Experience working with Trading, Technology, or Quantitative teams.

  • Strong analytical, problem-solving, and communication skills.

  • Ability to translate business, technical, and control requirements into test cases.

Technical Skills

  • Experience with Jira, Azure DevOps, ALM, or similar tools.

  • Familiarity with test automation tools and frameworks.

  • Working knowledge of SQL and one or more programming languages such as Python, Java, C++, or .NET.

  • Ability to analyze application logs and test results.

Preferred Qualifications

  • Experience supporting electronic or algorithmic trading environments.

  • Knowledge of FX, Fixed Income, Equities, or ETFs.

  • Familiarity with regulatory requirements related to electronic trading, including MiFID and 15c3-5

  • Experience with automated testing and CI/CD practices.

The salary range for this role is $100,000 up to $160,000 CAD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

Salary:

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.