Job Summary
Job Description
What is the opportunity?
As the Graduate Analyst - Interest Rates Quant (12-month contract), you will be responsible for the full lifecycle development of interest rate models and products in the in-house analytics library. You will also be responsible for the delivery of advanced pricing and risk management tools and provide cutting-edge analysis to the trading and sales teams.
What will you do?
- Full lifecycle development and maintenance of advanced mathematical models in the firm’s in-house analytics library.
- Partner with trading and sales teams to design and implement advanced pricing and risk management tools .
- Provide technical leadership and expertise in the delivery of quantitative support including modernisation of the current framework and the techniques used within it.
- Work closely and collaboratively with trading, sales and support functions to establish clear requirements and specifications.
- Work closely and collaboratively with relevant QTS partners to ensure that tools are fully and properly integrated into IT systems and applications, according to business requirements.
- Provide input into the development of the shared Quant and Technology architectural vision.
What do you need to succeed?
Must-have
- An undergraduate or postgraduate degree in a quantitative discipline such as engineering, physics, mathematics, applied mathematics or computing
- Strong software development skills with C++/Python/Excel/VBA
- Knowledge of relevant applications and risk management systems
- Strong interest in financial markets
- Strong written and oral communication skills
- Strong problem-solving skills
Nice-to-have
- Understanding of a broad range of capital market products (cross-asset) beyond interest rate products
- Knowledge of vanilla interest rates derivatives and FX models use for pricing and risk management
- Previous experience in a Quant role, preferably desk facing
- Previous experience in library design and implementation
- Previous experience in Front Office software development including Excel and Python
- Understanding of front to back processes related to trading activity
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.
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- 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 working options fully supported.
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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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 Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about RBC and has not been reviewed or approved by RBC.
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Healthcare Strength — Healthcare coverage is positioned as robust, including medical, dental, vision, life insurance, and disability coverage, with day-one eligibility in some U.S. roles. Mental-health support and virtual care offerings are also emphasized as meaningful parts of the package.
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Retirement Support — Retirement and savings support is described as a structured part of total rewards, including 401(k) matching in the U.S. and enhanced defined-contribution pension contributions in Canada. Additional savings vehicles and employer contributions are presented as adding material value beyond base salary.
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Parental & Family Support — Family-oriented benefits are highlighted through paid parental/caregiver leave in certain U.S. roles and expanded support for fertility, surrogacy, and adoption in Canada. Backup care and related family supports are also presented as strengthening overall benefits attractiveness.
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What We Do
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 88,000+ 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 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.
