Credit Algo Quant: Bond Trading & Models

RBC Capital Markets LLC; New York (NY); On-site; USD 85,000 - 160,000; Full time

Benefits offered by this job

Bonuses

Flexible benefits

Stock options

World-class training program

Work-life balance

Challenging work

Career growth

Job summary

RBC Capital Markets LLC is seeking a Credit Algo Quant in New York to provide quantitative tools and develop models for credit electronic trading desks. You will research, implement, and enhance pricing and risk models for corporate bonds used in high-speed algorithms.

Responsibilities include documenting models, supporting risk validation, and delivering robust quantitative solutions with strong programming in Java/Kdb+/Python.

Qualifications

• Post-graduate degree in a quantitative area such as mathematics, physics, finance, engineering, or computer science.
• At least 3 years of experience providing quantitative support to trading desks.
• Knowledge of corporate bond products and markets and experience with electronic trading.
• Strong numerical and analytical programming skills.
• Strong written and verbal communication skills. The ability to approach novel problems systematically and with tenacity.

Responsibilities

• Research, develop and implement mathematical models for price and risk of corporate bonds as part of electronic trading algorithms.
• Improve and existing models, tools, and operational frameworks.
• Support ad-hoc requests for quantitative tools and analysis from corporate bond electronic trading desk.
• Document products and models.
• Work closely with risk and control functions to achieve and maintain formal validation of models for official reporting.

Skills

Algorithmic Trading

Credit Trading

Critical Thinking

Economic Analysis

Financial Data

Financial Instruments

Investment Risk Management

Java

Kdb+

Python

Quantitative Methods

Quantitative Models

Education

Post-graduate degree in a quantitative area (math/physics/finance/engineering/CS)

Tools

Kdb+

Java

Python

Job description

RBC Capital Markets LLC is seeking a Credit Algo Quant in New York to provide quantitative tools and develop models for credit electronic trading desks. You will research, implement, and enhance pricing and risk models for corporate bonds used in high-speed algorithms.

Responsibilities include documenting models, supporting risk validation, and delivering robust quantitative solutions with strong programming in Java/Kdb+/Python.