Vice President Quantitative Risk Analytics

Royal Bank of Canada; New York (NY); On-site; USD 135,000 - 225,000; Full time

Job summary

Royal Bank of Canada in New York seeks a quantitative professional to develop, deliver, and support advanced mathematical models and pricing applications for the trading desk. You will provide modeling and analytical support to front office and non-front office groups, and contribute to desk projects and secondments.

The role involves frontline quantitative support for North America Structured Rates Trading with ongoing risk/model marking, alongside collaboration with EMRM and GRM to vet and

Qualifications

• Degree in Mathematics/Physical Sciences/Financial Mathematics.
• Knowledge of derivatives and financial products, for trading, pricing and risk management.
• Knowledge of programming (C++ / Python) and software systems.

Responsibilities

• Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems.
• Management and ownership of existing pricing tools and operational framework; implementation of new ones.
• Front line, daily quantitative support and responsibility for North America Structured Rates Trading (SRT) overnight processes, such as risk and model marking.
• Desk projects calibrating and assessing performance of pricing and risk models.
• Agile modelling and mathematical valuation for pricing and risk of new products.
• Co-ordination with EMRM and GRM as part of the process of submitting front office developed models for vetting and use in the bank's risk framework.
• Proactively identify operational risks/ control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.
• Identify, assist and manage operational risks/control deficiencies in the business.
• Help to recruit, retain and develop top talent.

Skills

C++ programming

Python programming

Microsoft Excel

Education

Degree in Mathematics/Physical Sciences/Financial Mathematics

Job description

Job Description

What is the opportunity?

This role involves providing quantitative tools, analysis, and support to the trading desk. Key responsibilities include the development, delivery, and support of advanced mathematical models, as well as the development and testing of model and pricing applications. The position requires delivering modeling and analytical support to both trading desks and non-Front Office groups, while also contributing to special trading desk projects and secondments as needed.

What will you do?

• Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems.
• Management and ownership of existing pricing tools and operational framework; implementation of new ones.
• Front line, daily quantitative support and responsibility for North America Structured Rates Trading (SRT) overnight processes, such as risk and model marking.
• Desk projects calibrating and assessing performance of pricing and risk models.
• Agile modelling and mathematical valuation for pricing and risk of new products.
• Co-ordination with EMRM and GRM as part of the process of submitting front office developed models for vetting and use in the bank's risk framework.

General responsibilities, as member of global quant team:

• Proactively identify operational risks/ control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.
• Identify, assist and manage operational risks/control deficiencies in the business.
• Help to recruit, retain and develop top talent.

What do you need to succeed?

Must have:

• Degree in Mathematics/Physical Sciences/Financial Mathematics
• Knowledge of derivatives and financial products, for trading, pricing and risk management.
• Knowledge of programming (c++ / python) and software system

Nice‑to‑have:

• A postgraduate degree , especially PhD, in a quantitative discipline such as physics, mathematics, computing, or finance, economics, engineering,
• Skilled programmer in C++/Python
• Strong written and oral communication skills
• Team focused. Must work effectively with the other quants, technology and business functions.
• Tenacious and adaptable
• Ability to build and maintain strong working relationships
• Flexible, enthusiastic and positive attitude

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.

Flexible work/life balance options.

The Expected Salary Range For The Above Position Is $135,000 - $225,000 Depending On Factors Including But Not Limited To The Candidate'S Experience, Skills, Registration Status; Market Conditions; And Business Needs. This Salary Range Does Not Include Other Elements Of Total Compensation, Including A Discretionary Bonus And Benefits Such As A 401(K) Program With Company-Matching Contributions; Health, Dental, Vision, Life And Disability Insurance; And Paid Time-Off Plan.

Rbc'S Compensation Philosophy And Principles Recognize The Importance Of A Highly Qualified Global Workforce And Plays A Critical Role In Attracting, Engaging And Retaining Talent That:

• Drives Rbc'S High Performance Culture
• Enables Collective Achievement Of Our Strategic Goals
• Generates Sustainable Shareholder Returns And Above Market Shareholder Value

Job Skills

C++ Programming Language, Microsoft Excel, Python (Programming Language)

Additional Job Details

• Address:
• BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK City:
• New York Country:
• United States of America Work hours/week:
• 40 Employment Type:
• Full time Platform:
• CAPITAL MARKETS Job Type:
• Regular Pay Type:
• Salaried Posted Date:
• 2026-06-15 Application Deadline:
• 2026-11-27 Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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, dr