Technical Business Analyst – Equities Trading

88409
Toronto, Ontario
Contract
3 days ago

Job Title: Technical Business Analyst – Equities Trading
Location: Toronto, ON (Hybrid – 3 days/week onsite at client location)
Employment Type: expected to run until the end of 2026

Overview

We are seeking an experienced Technical Business Analyst with deep expertise in Equities Trading to support front-office trading technology initiatives. This role will operate at the intersection of trading desks and technology teams, translating complex trading workflows into clear, structured requirements that drive system enhancements and platform evolution.

The ideal candidate has hands-on exposure to order lifecycle management, market structure, trading venues, and front-office platforms in a fast-paced trading environment.

Key Responsibilities

Trading Domain Analysis

  • Partner with traders, product teams, and technology stakeholders to analyze and document equities trading workflows

  • Map end-to-end order lifecycle processes, including order capture, routing, execution, allocation, and reporting

  • Analyze execution workflows, smart order routing logic, and pre-trade compliance controls

  • Evaluate impacts of market structure changes and venue integrations

Requirements & Documentation

  • Write clear, structured business requirements, user stories, and acceptance criteria

  • Produce functional specifications and workflow diagrams

  • Support UAT planning, test case validation, and production rollout activities

Technical & Data Analysis

  • Use SQL or data analysis tools to validate data flows, troubleshoot trade lifecycle issues, and reconcile discrepancies

  • Analyze FIX messages (FIX 4.x preferred) and market data feeds

  • Work closely with OMS/EMS and integration teams to ensure accurate system behavior

Required Experience

Core Trading Expertise

  • Strong knowledge of Equities Trading, including:

    • Order lifecycle and execution workflows

    • Market structure and trading venues

    • Order types and quoting mechanisms

    • Pre-trade compliance rules

  • Hands-on experience with OMS, EMS, and Smart Order Routing systems

Technical & Analytical Skills

  • Proven ability to write high-quality business and functional requirements

  • Experience using SQL or similar tools for data validation and issue analysis

  • Strong understanding of FIX protocol (FIX 4.x preferred)

  • Familiarity with real-time market data feeds

Nice to Have

  • Working familiarity with FX, Fixed Income, or Commodities trading workflows

  • Experience in multi-asset trading environments

Professional Attributes

  • Strong communication and stakeholder management skills

  • Comfortable operating in fast-paced, high-pressure trading environments

  • Detail-oriented, structured thinker with strong analytical discipline

  • Proactive problem-solver with a strong sense of ownership

The pay range that the employer reasonably expects to pay for this position is between CA$65.00 and CA$70.00

Our voluntary benefits offering includes medical, dental, vision and retirement benefits.

This posting is for an existing vacancy.

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Tundra Technical Solutions is a global workforce and technology delivery firm, ranked by Staffing Industry Analysts as one of the largest in North America. At Tundra, we aren't just hiring top talent at the world's most recognizable brands; we are pioneers of social recruitment. We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other legally protected characteristics. We welcome and encourage diversity in the workplace.

We use artificial intelligence tools to help our recruiters screen and assess talent. These tools do not replace human decision making in the process.

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