Vice President, Quantitative Risk & Valuation Models

RBC; New York (NY); On-site; USD 135,000 - 225,000; Full time

Benefits offered by this job

Total rewards program

Flexible benefits

Stock options

Commissions

World-class training

Job summary

RBC in New York is seeking a Vice President Quantitative Analyst to develop, maintain and document valuation and risk models for capital and margin. You will modernize models and infrastructure to optimize financing costs and support trading desks.

You will deliver tools for the trading desk, gather requirements, provide day-to-day quantitative support, and coordinate with risk teams to ensure models meet governance standards.

Qualifications

• 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 written and oral communication skills.
• Effective time management skills.
• Ability to meet consistently high-quality standards with simultaneous workstreams.

Responsibilities

• 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.
• Coordination 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.

Skills

Python

C++

SQL

Quantitative analysis

Communication

Time management

Quality standards

Education

Master’s Degree in a quantitative discipline

Tools

none

Job description

RBC in New York is seeking a Vice President Quantitative Analyst to develop, maintain and document valuation and risk models for capital and margin. You will modernize models and infrastructure to optimize financing costs and support trading desks.

You will deliver tools for the trading desk, gather requirements, provide day-to-day quantitative support, and coordinate with risk teams to ensure models meet governance standards.