Vice President Quantitative Analyst

RBC Capital Markets, LLC; New York (NY); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Bonuses

Stock options where applicable

Flexible benefits

Leadership coaching and development

Flexible work/life balance

World‑class training program

Challenging work

Job summary

RBC Capital Markets, LLC is seeking a Quantitative Associate to develop, maintain, and document valuation and risk models for capital and margin. The role includes modernizing models and infrastructure to optimize financing costs.

You will work on tools supporting the trading desk, quant libraries, and risk management, with collaboration across risk and functional teams and desk‑based research as needed.

Qualifications

• Master's Degree in a quantitative discipline required.
• Strong grasp of mathematical finance concepts.
• 2 years of relevant fixed‑income desk experience preferred.
• Proficiency in Python, C++, and SQL.
• Excellent written and verbal communication skills.
• Effective time management and ability to manage multiple workstreams.

Responsibilities

• Develop and implement tools to support trading desk, quantitative strategies infrastructure, and risk management.
• Gather requirements from the trading desk and deliver solutions via quant libraries and IT systems.
• Provide day‑to‑day quantitative support to the trading desk.
• Provide desk‑based research assistance as required.
• Coordinate with risk and functional teams to vet models for use in the bank's risk framework.

Skills

Client Counseling

Critical Thinking

Economic Analysis

Financial Derivatives

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 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.
• Programming: 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.

Job Skills

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