What are the responsibilities and job description for the Vice President, Quantitative Analytics position at RBC Capital Markets, LLC?
Job Description
What is the opportunity?
Opportunity to join a dynamic Quantitative Analytics team facing the Flow Rates Trading and FX Forwards desk based in New York. The successful candidate will be responsible for the full lifecycle development of interest rate and FX models and products in the in-house analytics library, delivering advanced pricing and risk management tools and providing cutting-edge analysis to the trading and sales teams. The role will require a sharp focus on the evolution of modelling and tooling frameworks, coordinating these efforts across relevant teams to ensure successful integration into the Firm's strategic systems and frameworks.
What will you do?
Partner with the trading desk to provide quantitative support to the business
Full lifecycle development of advanced mathematical models in the Firm's in-house analytics library
Design and implement advanced pricing and risk management tools used directly by the trading and sales teams
Provide technical leadership and expertise in the implementation and delivery of quantitative solutions including modernization of the current framework and the techniques used within it
Work closely and collaboratively with trading, sales and marketing to establish clear requirements and specifications
Work closely and collaboratively with IT partners to ensure that tools are fully and properly integrated into IT systems and applications according to business requirements
Provide input into the development of the shared Quant and Technology architectural vision
What do you need to succeed?
Must-have
High qualifications in mathematics and computing
Knowledge of vanilla interest rates derivatives, FX and cash products for trading, pricing and risk management
5-7 years solid experience in a Quant role, preferably desk facing
Experience in analytics library design and implementation including strong C skills
Strong experience in Front Office development software including Excel and Python
Knowledge of relevant applications and risk management systems and IT
Knowledge of regulatory and Anti-Money Laundering procedures
Understanding of front to back processes related to trading activity
Strong written and oral communication skills
Nice-to-have
A postgraduate degree in a quantitative discipline such as finance, economics, engineering, physics, mathematics or computing.
Understanding of broad range of capital market products (cross-asset) beyond interest rate products
Program management and regulatory delivery knowledge
What is 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, flexible benefits and competitive compensation
Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
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
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
#LI-POST
Job Skills
C Programming Language, Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Foreign Exchange Market, Interest Rate Models, Interest Rate Risk Analysis, Interest Rates, Investment Banking Analysis, Investment Risk Management, Market Risk, Microsoft Excel, Microsoft Excel Functions, Microsoft Excel VBA Programming, Python (Programming Language), Quant Finance (Inactive), Quantitative Analytics, Quantitative Data, Quantitative Methods, Quantitative ModelsAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.
Salary : $135,000 - $225,000