Quantitative Analyst

Job Summary

In this role, the Central Risk Book Analyst will develop and improve statistical frameworks to measure execution quality and trading costs, to manage internal/external flows in a systematic and efficient way.

Job Description

RBC Capital Markets is actively seeking a driven and hardworking professional to join our Central Risk Book Group as a Quantitative Analyst.

In this role, the Central Risk Book Analyst will develop and improve statistical frameworks to measure execution quality and trading costs, to manage internal/external flows in a systematic and efficient way.

Responsibilities:

• Analyze large data sets to extract actionable information about the equities flows to optimize internalization and overall execution for the bank.

• Optimize flow scheduling based on intraday alpha expectations, market impact/reversion, timeof-day, and other factors.

• Develop / validate various models including market impact models, slippage cost models, trading cost models, etc.

• Conduct research, back-tests & simulations to develop and improve liquidity provision & trading strategies.

• Constant interaction with the cash equity, derivatives & structure trading desk.

Qualifications:

• Degree(s) in a quantitative or technical discipline.

• Exceptionally strong understanding of applied statistics and data science.

• Very self-motivated, willing to be part of a very dynamic and competitive team.

• Excellent communication and presentation skills. Must be able to effectively engage with a diverse set of partners to the Equities Central Risk trading effort.

• Ability to work independently and in a team environment.

• Coding experience – need to be comfortable with one of the languages: C++ or Java.

About RBC Capital Markets: RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region. We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks. RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

Job Skills

Big Data, Capital Markets, Cash Equity, Market Liquidity, Trading Strategies

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-05-10

Application Deadline:

2024-05-24

I nclusion and Equal Opportunity Employment

At 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.
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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.