2026 Capital Markets, Global Equities, Quantitative Trading Analyst (16 Months, Co-op)

RBC; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Toronto seeks a Quantitative Trading Analyst for its Equities team. This role involves applying quantitative techniques to innovate trading strategies, analyze market data, and collaborate with professionals. Ideal candidates should possess a solid math background, programming skills in Python, and a post-secondary education in a quantitative field. This is a full-time position offering opportunities for professional growth in a dynamic environment.

Benefits

Professional development opportunities

Collaborative work environment

Qualifications

• Creative and novel problem-solving approach.
• Strong math and statistics background.
• Strong programming experience, e.g., Python.

Responsibilities

• Research, create, and implement quantitative trading strategies.
• Analyze market data to investigate unexplored areas.
• Build and maintain advanced analytical tools.

Skills

Problem-solving

Mathematics

Statistics

Programming (Python)

Data analysis

Education

Post-secondary education in a quantitative field

Job description

Overview

Job Description

Step into the future of trading with RBC Capital Markets. We’re seeking a Quantitative Trading Analyst to join our Equities team on the largest trading floor in Canada. You will apply advanced quantitative techniques to innovate and optimize trading strategies, dive into data analysis, build cutting-edge trading models, and collaborate with professionals to drive success on a high-energy trading floor.

Global Equities

As a key part of Global Equities, our team advances and refines equities trading strategies and systems globally. We are known for forward-thinking approaches and a collaborative culture within the financial industry.

Joining the team means contributing to and leading projects with direct, real-world impact on RBC Capital Markets’ daily operations. Our team members bring diverse skills, from creative problem solving to advanced quantitative modeling, applied to cutting-edge trading systems. Notable achievements include RBC’s patented smart order routing technology, THOR, and the Canada’s first artificial intelligence-powered trading network.

Equities Trading Desks Hiring

• Electronic Market Making
• Electronic Algo Trading
• ETF Trading
• Structured Products Trading
• Delta One Trading
• Options Flow Trading

What will you do?

You will join a specific Equities team to work with during the duration of your internship. The roles and responsibilities will vary depending on the assigned team but could include:

• Research, create, and implement quantitative trading strategies using optimization and cutting-edge machine-learning techniques
• Apply critical thinking and problem-solving skills to expand existing algorithms that trade millions of shares and thousands of times a second
• Analyze market data to investigate unexplored structural research areas
• Think critically and creatively within a collaborative and close-knit team on Canada\'s largest trading floor
• Build and maintain advanced analytical tools to support research and trading activities and improve efficiencies
• Collaborate with cross-functional teams, including Sales, IT, Risk Management, and Middle/Back Office to drive strategic initiatives and optimize trading performance
• Assist the team with booking, reporting and market analysis in futures, forwards, swaps, option combos, ETFs

What do you need to succeed?

Must Have:

• Post-secondary education in a quantitative field such as Engineering, Mathematics, Statistics, Economics or Computer Science
• Creative and novel problem-solving approach
• Strong math and statistics background
• Strong programming experience, e.g. Python
• Experience in statistical modeling
• Proficiency in optimization and Bayesian statistics
• Strong desire to be part of a team and excellent communication skills
• Experience in finance not required

Nice to Have:

• Familiarity with Black-Scholes options pricing models and listed options generally

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 build close relationships

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace with diverse perspectives is core to our continued growth. We strive to deliver a respectful, belonging-focused environment where employees perform at their best, collaborate effectively, drive innovation, and grow professionally.

Join our Talent Community

Stay informed about career opportunities at RBC. Sign up to get updates on jobs, career tips, and recruitment events. Expand your limits and create a new future with RBC. Visit the RBC careers site for more information.

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: 2025-09-15

Application Deadline: 2025-10-05

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth. 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.