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Full-time
bachelor degree, postgraduate degree
Bonuses, Flexible Benefits, Competitive Compensation, Commissions, Stock Options, Coaching and Development
Posted 41d ago
~40 hrs/week
Responsibilities
Develop and support advanced mathematical models and pricing applications for the North America Structured Rates Trading desk. Coordinate with risk management groups to vet models and manage operational risk and control deficiencies.
Requirements
Requires a degree in Mathematics, Physical Sciences, or Financial Mathematics with proficiency in C++ and Python. A postgraduate degree (PhD preferred) and deep knowledge of derivatives and financial products are highly desired.
Full 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 $65,000 - $130,000 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, 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:
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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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 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.
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
http://rbc.com/legalstuff.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
https://www.rbc.com/conditions-dutilisation/
Offices: 200 Bay Street, Toronto, Ontario M5J 2J5, CA · 1 Place Ville-Marie, Montreal, QC H3B 1Z3, CA · 2 Park St, Sydney, NSW 2000, AU · 100 Bishopsgate, London, England EC2N 4AA, GB · Persiaran Apec, Cyberjaya, Selangor 63000, MY
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