Job Summary
Job Description
What is the opportunity?
Seeking a Quantitative Analyst to join our Counterparty Risk Trading Quants Desk. The role focuses on developing models and quantitative tools to support the Counterparty Risk Trading desk (XVA desk) with a goal of improving their capabilities in risk managing the derivatives valuation adjustments across the global derivatives businesses.
What will you do?
Maintenance and improvement of existing pricing models and tools (20%)
Development and implementation of miscellaneous tools to support trading and risk management activities (20%)
Carry out special projects related to pricing models, trades, and risk management in order to aid the CRT desk operations (30%)
Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems (10%)
Support the modelling requirements of the trading staff as needed (20%)
Proactively identify operational risks/ control deficiencies in the business
Ongoing and advanced mathematical modelling and programming to support Counterparty Risk Trading. Also assisting with trading activities in London when required, exploring and implementing robust solutions to day-to-day problems, including but not limited to assisting and addressing PnL issues should those arise
Special Trading Desk Projects
Model documentation and building test suites for RAMPP derivatives models
What do you need to succeed?
Must-have
Knowledge of derivatives and financial products, for trading, pricing and risk management
Advanced programming skills in C++ and Python
Ideally working knowledge of derivatives valuation adjustments
Solid experience in a quantitative role in Finance
Must work effectively with the other quant, technology and business functions.
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
#LI-Post
#LI-Hybrid
Job Skills
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
CAPITAL MARKETSJob Type:
RegularPay Type:
SalariedPosted Date:
2025-03-12Application Deadline:
2025-04-30Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I nclusion 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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