Associate/VP Credit Quant Strat
RBC
Job Description
What is the Opportunity?
We are seeking a Quant Strat to join the EU Credit Algo team with experience working as a desk quant or within a quant team focused on algorithmic pricing, preferably with an understanding of European credit market microstructure.
RBC’s expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
- Model development: refine and extend existing trading strategies, apply research and statistical analysis to evaluate bonds
- Data analysis: work with large datasets to identify alpha opportunities and find market patterns
- Risk management: work on risk factor modelling, hedging strategies and portfolio optimisation
- Testing and validation: implement backtesting strategies and perform ongoing monitoring to analyse strategy performance
What do you need to succeed?
Must Have
- Experience with prototyping or scripting languages (Python/R) supplemented with some experience in a core language (Java/C++)
- Experience working with large datasets
- Hands-on experience working with datasets for signals research in fixed income or equity
- Candidates holding a post-graduate degree in a quantitative field (including but not limited to engineering, computer science, physics and maths) with a deep knowledge of probability, statistics and numerical analysis
- Strong attention to detail with a commitment to delivering high-quality work
- Strong written and verbal communication skills
Nice to have
- Knowledge of optimisation (optimal control), statistical modelling, numerical methods, linear algebra
- Experience with light-weight UI frameworks (e.g. Plotly Dash, Streamlit)
- Experience working on European Corporate Bond products
- Experience in systematic trading
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
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional 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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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.