Credit Algo Quant
RBC
Job Description
What is the opportunity?
Provision of quantitative tools, analysis, and support to the GSP algorithmic trading desks.
Development, delivery and support of advanced mathematical and data driven models for credit electronic trading.
What will you do?
Research, develop and implement mathematical models for price and risk of corporate bonds as part of electronic trading algorithms.
Improve and existing models, tools, and operational frameworks.
Support ad-hoc requests for quantitative tools and analysis from corporate bond electronic trading desk.
Document products and models.
Work closely with risk and control functions to achieve and maintain formal validation of models for official reporting.
What do you need to succeed?
Must Have:
Post-graduate degree in a quantitative area such as mathematics, physics, finance, engineering, or computer science.
At least 3 years of experience providing quantitative support to trading desks.
Knowledge of corporate bond products and markets and experience with electronic trading.
Strong numerical and analytical programming skills.
Strong written and verbal communication skills. The ability to approach novel problems systematically and with tenacity.
What’s it in 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
Opportunities to take on progressively greater accountabilities
Access to a variety of job opportunities across business and geographies
The Expected Salary Range For The Above Position Is $85,000 - $160,000 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
Job Skills
Business Process Design, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Financial Statement Analysis, Fraud Risk Management, Investment Performance Measurement, Investment Risk Management, Risk ControlAdditional 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
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.
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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.