Royal Bank of Canada

2027 Capital Markets, Quants Summer Associate, Quantitative Technology Services

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Pursuing a Master's or PhD, graduating by mid-2028
  • Completed a rigorous four-year degree in Computer Science, Engineering, or Mathematics
  • Strong background in physical sciences, mathematics, and computing
  • Knowledge of derivatives and financial products
  • Advanced programming skills in languages like Python, C++, R, and Java
  • Experience with spreadsheet and tool building
  • Ability to manage competing priorities in a fast-paced environment

Responsibilities

  • Manage a range of project work and daily support for business units
  • Increase efficiencies within current departmental processes
  • Analyze business requirements and convert them into technical specifications
  • Design, develop, code, and conduct code reviews following SDLC best practices
  • Manage releases and incidents for applications
  • Develop tools to support trading and risk management
  • Provide quantitative support to trading desk and assist in pricing models

Benefits

  • Best-in-class on-the-job training and mentorship
  • Tailored career development opportunities
  • Hands-on experience with large federal projects
  • Exposure to capital markets and global business units
  • Chance to work on innovative technical solutions in a collaborative environment
Full Job Description
Job Description

2027 Quants Summer Associate, Quantitative Technology Services

What will you do?

Associates have the opportunity to gain in-depth knowledge of Capital Markets, establish strong partnerships with business units and technologists around the world and develop their skills by providing creative technical solutions to solve complex business issues. We offer a tailored approach to career development based on the combined interests of our Associates and the growing needs of our businesses. Associate development will include best-in-class on-the-job and in-class training and mentorship.

Principle Responsibilities:
  • Responsible for all ranges of project work and daily support as outlined by given business
  • Increasing efficiencies in current department
  • Analysis of business requirements and translations to technical specifications
  • Design, development, coding, code reviews and testing of applications as per Software Development Life Cycle (SDLC) best practices
  • Release and incident management of applications
  • Develop and implement miscellaneous tools to support trading and risk management activities
  • Provide support for large federal projects that involve front-office risk aggregation and analysis
  • Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems
  • Maintain and improve existing pricing tools and operational framework
  • Provide general day-to-day quantitative support to trading desk quants and trading desk in general
  • Carry out special projects related to pricing models, trades, and risk management
  • Assist with the pricing of new products and feasibility of modelling approaches
  • Provide desk-based research assistance as required

Basic Qualifications:
  • Pursuing a Masters or PhD, graduating in December 2027 or May 2028
  • Completion of a four-year university degree in Computer Science, Engineering or Mathematics (or comparable rigorous scientific field) with academic excellence
  • High qualifications on the physical sciences, mathematics, and computing.
  • Knowledge of derivatives and financial products, for trading, pricing and risk management.
  • Advanced mathematics and programming skills in languages such as Python, C++, R, Java
  • Knowledge of relevant applications and risk managements systems and IT
  • Spreadsheet and tool building experience
  • Ability to manage multiple competing priorities and thrive in a fast-paced and challenging environment
  • Strong teamwork and communication skills

Other Required Qualifications:
  • Must be a self-starter
  • Ability to work in a fast-paced environment
  • Strong communication skills - both spoken and written
  • Analytical skills for transforming defined business needs into software requirements
  • Ample knowledge and understanding of software design principles and development best practices in the full life cycle
  • Self-managed and results-oriented with a keen sense of ownership
  • Desire and commitment to learn/adapt as needed
  • Time management and the successful engagement of multiple initiatives simultaneously
  • Troubleshooting, problem-solving and a detail-oriented work ethic
  • No licenses required
  • No designations required

The good-faith expected salary range for the above position is $140,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and play a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value


Job Skills

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2026-09-02

Application Deadline:

2026-10-15
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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