Venture outside the ordinary - TMX Careers
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Reporting to the Senior Manager, Derivatives Market Operations, the Market Supervisor is responsible for ensuring the continuous operational integrity of all products listed on the Montreal Exchange’s (“Bourse”) SOLA Trading System throughout the entire trading session. The Market Supervisor proactively identifies, analyzes, and strategically resolves complex daily operational problems that could significantly impact the transparency, accessibility, liquidity, or efficiency of the market. He/she is required to accomplish all duties that facilitate optimal market access for participants and contributes to the strategic evolution of market operations. The Market Supervisor takes the lead in identifying and promptly reporting any trading infractions (real time) to the Bourse’s Regulatory Division for further investigation. The market supervisor also plays a pivotal role in day-to-day product management and contributes to product development initiatives.
This role is hybrid (2 - 3 days/week in the office) - based in Montreal, QC.
Key Accountabilities:
Trading Operations: Oversee the operational readiness of the electronic trading system for the opening and closing of all derivative instruments listed, including the verification of expiration, creation, and addition of trading instruments managed by referential administration personnel. Identify and analyze highly unusual behavior during the session, conducting comprehensive preliminary investigations and recommending appropriate actions. Strategically verify and manage product parameters (tick rules, schedules, etc.), proposing and implementing adjustments as needed to optimize market performance.
Regulatory: Interpret and apply Bourse trading rules and procedures, acting as a key reference point to ensure the consistent and proper conduct of daily trading across all products by market participants.
Problem Solving: Exercise expert judgment to facilitate the validation for suitability of any manual transaction and to promptly and accurately enter those transactions into the electronic trading engine, often resolving unusual or complex scenarios.
Client-Facing: Provide timely and accurate responses to client inquiries, whether they be by phone or email
Must Have(s):
Experience & Education
3 to 5+ years of experience in Derivatives Markets (trading desk, back-office, or compliance).
Education: Bachelor’s degree in Finance, Economics, or a related field.
Accreditation: CSI Futures and Options accreditation is a plus.
Technical: Deep knowledge of automated trading environments (SOLA experience preferred) and Google Suite.
Excellent communication in French and in English required (contacts and collaboration with clients and colleagues English only might be needed)
Key Competencies
Decisiveness: Proven ability to make high-stakes decisions under pressure. Resistance to stress. Ability to act autonomously.
Political Acumen: Skill in navigating complex regulatory and institutional relationships.
Analytical Rigor: Ability to translate complex trading data into clear executive reports.
Client-Service Oriented: Ability to assist clients with a wide variety of complex issues
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