Derivatives Trader - TD Asset Management
Layer 6 AI
Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
TD WealthPay Details:
$105,000 - $145,000 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
Job Description:
TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management.
As of September 30, 2025, TDAM and its affiliates manage over $500 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.
In attaining this client commitment, TDAM has built one of Canada’s largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.
Job Accountabilities
The successful candidate will have the opportunity to join TDAM's multi-asset trading team. Trading activities will include both electronic and voice execution for both listed and Over-the-Counter (OTC) instruments across multiple asset classes. Instruments may include options, futures, foreign exchange, commodities, currency and interest rate derivatives.
The trader will work independently to provide subject matter expertise to portfolio managers including market dynamics, liquidity conditions, price movements, etc. The trader will also help expand analytical capabilities and perform administrative tasks related to derivative trading.
Key Responsibilities
More specifically, the successful candidate will be responsible for the following:
- Execute necessary trading on behalf of portfolio managers while seeking best execution
- Maintain in-depth knowledge of real-time developments in global financial markets and stay up to date on the changing regulatory environment
- Perform quantitative analysis and evaluation of relevant market data, including TCA, as required to support trading strategy decisions
- Develop and maintain relationships with trading counterparties and vendors
- Assist with increasing efficiency and effectiveness of technology initiatives and functional enhancements as it relates to derivative trading
- Help expand trading capabilities into new products and/or asset classes
Qualifications and Skills
3–5 years of expereince preferably in asset management, capital markets or trading firm
Expering using Bloomberg, Charles River or other Trading platforms
Proven high attention to detail and accuracy in a fast-paced environment
Knowledge of derivative products and financial markets
Awareness of market structure developments and trading-related technology
Capable of analyzing complex data sets and making inferences
Comfortable with working in complex workflow processes
Ability to work under pressure, tight deadlines and rapidly changing financial markets
Ability to prioritize and effectively multitask
Ability to work in a team or individually
Advanced in VBA and working knowledge of other programming languages
Excellent oral and written communication and negotiation skills
Ability to nimbly adapt and upgrade existing procedures and technology to meet changing needs
Educational Requirements
- Undergraduate or graduate degree with a focus on financial engineering or quantitative disciplines is an asset
- Completion of the CFA program is an asset but not required
Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.
If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):
Sans Objet