Royal Bank of Canada
Job title:
Quantitative Analyst – Counterparty Risk Trading
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat 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 businessOngoing 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 ariseSpecial Trading Desk ProjectsModel documentation and building test suites for RAMPP derivatives modelsWhat do you need to succeed?Must-haveKnowledge of derivatives and financial products, for trading, pricing and risk managementAdvanced programming skills in C++ and PythonIdeally working knowledge of derivatives valuation adjustmentsSolid experience in a quantitative role in FinanceMust 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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial servicesFlexible work/life balance optionsOpportunities to do challenging work#LI-Post#LI-HybridJob SkillsAdditional Job DetailsAddress: 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: 2025-03-31Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay 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 .
Expected salary
Location
Toronto, ON
Job date
Thu, 13 Mar 2025 23:34:49 GMT
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