What are the responsibilities and job description for the Quantitative Analyst position at RBC Capital Markets, LLC?
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.
Programing: 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.
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Job Skills
Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative MethodsAdditional Job Details
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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, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
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