Quantitative Analyst

November 4 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Economy, Econometrics, Modelling,
Toronto, ON • Full time

Job Summary

Job Description

WHAT IS THE OPPORTUNITY?

The QIS Quants team develops and supports next-generation investment strategies and is the cornerstone of our Quantitative Investment Strategies (QIS) business. As a front office quantitative analyst, you will leverage RBC's big data assets to build automated solutions and data analytics models. You will provide analytical support to sales and trading desks across Commodities, FX, Rates, and Equities, and research, design, and implement investment strategies for clients. This role offers a dynamic, collaborative environment to develop innovative solutions that drive trading and risk management activities.

WHAT WILL YOU DO?

  • Develop and maintain automated data pipelines, infrastructure, index calculation models, and associated processes.

  • Collaborate with business partners to identify and implement requirements for data quality, integrity, and timeliness.

  • Ensure governance and controls for all data pipelines, adhering to documentation standards.

  • Maintain and enhance tools supporting trading desks, quantitative strategies, and risk management.

  • Develop risk management infrastructure in collaboration with trading desks.

  • Work with IT and business teams to create data validation methodologies and processes.

  • Research, design, and implement investment strategies for clients.

  • Monitor existing strategies and provide day-to-day quantitative support to sales and trading desks.

WHAT DO YOU NEED TO SUCCEED?

Must have:

  • Bachelor's degree in a quantitative discipline (e.g., Mathematics, Statistics, Engineering, Physics, Computer Science). Master's degree or higher is preferred.

  • At least 2 years of relevant experience.

  • Demonstrated capability of leveraging relevant technologies (e.g., Python, C++, SQL, q/KDB) to solve problems.

  • Strong written and oral communication skills, and ability to effectively communicate technical concepts to a non-technical audience.

Nice-to-have:

  • Knowledge of derivative products and associated valuation methodologies.

  • Knowledge of quantitative strategies and back-testing.

  • Familiarity with futures and/or equity trading fundamentals.

  • Knowledge of market risk management concepts such as Var

  • Experience in data processing and manipulation.

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.​

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Job Skills

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:

2024-11-04

Application Deadline:

2024-11-05

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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