Quantitative Researcher

RBC; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

RBC Capital Markets is seeking Quantitative Researchers and Traders for its Electronic Market Making group. This role involves leveraging statistical techniques and machine learning to develop trading strategies in a fast-paced environment. Candidates should have a strong background in programming and mathematics, along with relevant experience in capital markets.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Opportunities to do challenging work

Qualifications

• 2 - 5 years of relevant experience within Capital Markets domain.
• Strong background in mathematics, statistics and machine learning.

Responsibilities

• Research, backtest, and implement quantitative signals and trading strategies.
• Drive innovation through original ideas.

Skills

Communication

Critical Thinking

Detail-Oriented

Problem Solving

Teamwork

Education

Bachelor/Master/PhD in Engineering/Computer Science/Mathematics/Statistics

Tools

Java

Python

C++

Job description

Job Summary

Job Description

What is the opportunity ?

The Electronic Market Making group, a high-frequency trading team at RBC Capital markets, is seeking Quantitative Researchers and Traders to join our desk.

The nature of finance is changing, and RBC Capital Markets is looking to recruit the next generation of Quantitative Researcher to drive innovation in equity trading. Leveraging sophisticated statistical techniques and machine learning, in combination with software engineering and trading, Quantitative Researchers are responsible for conceptualizing and building sophisticated trading signals and strategies. If solving complex problems in a fast-paced and exciting environment with a group of passionate and like-minded individuals appeals to you, the Electronic Market Making group is looking for you.

What will you do?

• Research, backtest, and implement quantitative signals and trading strategies

• Drive innovation through original ideas

• Apply critical thinking and problem solving skills to expand existing algorithms

• Automation, optimization and re-engineering of desk processes and tools to increase efficiency

• Analyze market data and trends 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

What you need to succeed?

• Passion for quantitative research, software engineering and mathematics

• Extensive object oriented programming experience (Java/Python/C++)

• Strong background in mathematics, statistics and machine learning

• Excellent communication and teamwork skills

• Bachelor/Master/PhD degree in Engineering/Computer Science/Mathematics/Statistics or related field

• 2 - 5 years of relevant experience within Capital Markets domain

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

• Leaders who support your development through coaching and managing opportunities

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Flexible work/life balance options

#LI-KA2

Job Skills

Communication, Critical Thinking, Detail-Oriented, Equity Trading Systems, Market Making, Market Risk, Problem Solving, Systems Applications, Teamwork

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:

2025-03-10

Application Deadline:

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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