2027 Capital Markets, Global Equities, Quantitative Trading Analyst (16 Months, Co-op)

0000050599 RBC Dominion Securities Inc.; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

RBC Capital Markets in Toronto seeks a Quantitative Trading Analyst to join Global Equities. You will design and implement quantitative trading strategies, leverage optimization and machine-learning techniques, and work on RBC’s leading trading floor on a high‑energy, collaborative team.

You will analyze market data, extend existing algorithms, build analytical tools, and collaborate with sales, IT, risk, and back/middle office to drive trading performance on million-share trades per second.

Qualifications

• 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, SQL.
• 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.

Responsibilities

• Research, create, and implement quantitative trading strategies using optimization and cutting-edge machine-learning techniques.
• Apply critical thinking and problem-solving skills to expand already-existing algorithms that trade millions of shares and thousands of times a second.
• Analyze market data to investigate previously unexplored structural research areas.
• Think critically and creatively within a collaborative and close-knit team working on Canada’s largest trading floor.
• Build and maintain advanced analytical tools to support research/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.
• Actively assist team with booking, reporting and market analysis in futures, forwards, swaps, option combos, ETFs

Skills

Strong math & statistics

Python programming

Statistical modeling

Optimization techniques

Bayesian statistics

Communication skills

Team collaboration

Education

Post-secondary degree in quantitative field (Engineering/Math/Statistics/Economics/CS)

Tools

SQL

Excel

R

Job description

Job Description

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

Global Equities

As a key part of Global Equities, our team is dedicated to advancing and refining equities trading strategies and systems globally. We are widely recognized for our forward-thinking approach and our commitment to fostering both innovative and a collaborative culture within the financial industry. By joining this team, you will contribute to and spearhead projects with direct, real-world impact on RBC Capital Markets’ daily operations. Our team members bring a diverse set of skills, ranging from creative problem-solving to advanced quantitative modeling, and apply these to enhance and develop cutting-edge trading systems. Notable achievements include RBC’s patented smart order routing technology, THOR (featured in Michael Lewis’ book Flash Boys), and the creation of 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?

• Research, create, and implement quantitative trading strategies using optimization and cutting-edge machine-learning techniques


• Apply critical thinking and problem-solving skills to expand already-existing algorithms that trade millions of shares and thousands of times a second


• Analyze market data to investigate previously unexplored structural research areas


• Think critically and creatively within a collaborative and close-knit team working on Canada’s largest trading floor


• Build and maintain advanced analytical tools to support research/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


• Actively assist 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, SQL


• 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 building close relationships.

Job Skills Additional Job Details

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: 2026-09-14

Application Deadline: 2026-10-01 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Pay Range

The expected pay range for this position is: $60,000.00 - $100,000.00 The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. RBC supports pay transparency and we strive to ensure all pay ranges and competitive, fair, and equitable. Your actual pay is determined by a number of factors, including your experience, skills and education.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. 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.

Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.