Quantitative Analyst

RBC; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A leading company in financial services is seeking a Quantitative Associate to develop and maintain valuation and risk models. The role involves close collaboration with the trading desk and requires strong quantitative and programming skills, including Python and C++. The environment promotes professional growth with a focus on collaboration and dynamic challenges.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

World-class training program in financial services

Qualifications

• Master’s Degree in a quantitative discipline required.
• 2 years relevant experience at fixed-income desk preferred.
• Strong programming skills in Python, C++, and SQL.

Responsibilities

• Develop and implement tools supporting trading desk and risk management.
• Gather requirements from the trading desk managing solutions.
• Provide desk-based research assistance as required.

Skills

Client Counseling

Critical Thinking

Derivatives

Economic Analysis

Financial Instruments

Investment Banking Analysis

Investment Risk Management

Market Risk

Quantitative Methods

Education

Master’s Degree in a quantitative discipline

Tools

Python

C++

SQL

Job description

Job Summary

Job Description

What is the opportunity?

QTS Cross Products Quants team is looking for a Quantitative Associate, who would be focusing on developing, maintaining, and documenting valuation and risk models for capital and margin. Development includes modernizing the models and infrastructure to be able to optimize financing costs.

What will you do?

• Development and implementation of tools to support trading desk, quantitative strategies infrastructure and risk management activities.

• Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems.

• Provide general day-to-day quantitative support to trading desk.

• Provide desk-based research assistance as required.

• Co-ordination with risk and functional teams as part of the process of submitting front office developed models for vetting and use in the bank's risk framework.

What do you need to succeed?

Must have:

• Master’s Degree in a quantitative discipline.

• Good understanding of mathematical finance.

• 2 years of relevant experience preferably at a fixed-income desk in a large financial institution.

• Programing: Python, C++, SQL.

• Demonstrated ability in written and oral communication skills.

• Effective time management skills.

• Ability to meet consistently high-quality standards with simultaneous workstreams.

Nice-to-have:

• Capital and Margin metrics/regimes/analytics.

• Option Pricing

• Experience with Credit/Govies

• Experience with Fx/Commodities

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.

• 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.

• A world-class training program in financial services.

• Flexible work/life balance options.

• Opportunities to do challenging work.

#LI-Post

#LI-Hybrid

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Job Skills

Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

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:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-12

Application Deadline:

2025-06-30

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 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.

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