Royal Bank of Canada

Vice President, Capital Markets Treasury Quant

Royal Bank of Canada • $150K — $180K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Ph.D. or Master's in mathematics, statistics, physics, computer science, financial engineering, or related field.
  • 3-4 years of experience in quantitative analysis or financial modeling, preferably with rate and spread product models.
  • Strong understanding of financial instruments, derivatives, and fixed income market dynamics.
  • Proficient in Python; knowledge of C++, C#, and VBA is desirable.
  • Familiarity with AI development tools like GitHub Copilot and ChatGPT for enhanced model development.
  • Excellent verbal and written communication skills, able to convey complex concepts effectively to non-technical audiences.
  • Detail-oriented and organized, able to manage multiple priorities independently.

Responsibilities

  • Develop, implement, and test quantitative models for rate and spread products in line with regulatory standards.
  • Engage and support stakeholders, providing insights and analytics to inform business decisions.
  • Document and validate models in accordance with internal and regulatory guidelines.
  • Monitor model performance and recommend enhancements as necessary based on market changes.
  • Identify and escalate operational risks, ensuring compliance with internal policies and guidelines.
  • Drive initiatives independently, taking ownership of projects from conception through execution.

Benefits

  • Comprehensive Total Rewards Program with bonuses and flexible benefits.
  • Support for professional development through coaching and management opportunities.
  • Opportunity to make a significant impact within the organization.
  • Collaborative and high-performing team environment.
  • Access to a world-class training program in financial services.
  • Flexible work/life balance options.
  • Engaging and challenging work responsibilities.
Full Job Description
Job Description

WHAT IS THE OPPORTUNITY?

The Vice President, Quantitative Analysis role within the Capital Markets Treasury Quant Team focuses on developing and implementing new quantitative models while maintaining and enhancing existing rate and spread product models and related analytical tools. This position emphasizes Capital Markets Treasury operations, particularly funding and liquidity transactions, fixed income investments, and related hedging derivatives.

The primary contribution of this role is ensuring that Capital Markets Treasury maintains robust analytical models and tools that meet current and future market conditions and regulatory requirements, enabling informed decision-making and effective risk management.

WHAT WILL YOU DO?
  • Model Development and Implementation: Design, implement, test, and deploy rate and spread product models within the current analytical environment, applying advanced quantitative methods to address complex financial problems. Ensure models are accurate, efficient, and aligned with business requirements and regulatory standards.
  • Business Support and Stakeholder Engagement: Provide comprehensive support to Capital Markets Treasury business partners, including traders, risk managers, and product controllers. Assist stakeholders in understanding model mechanics, interpreting model outputs, and applying analytics to business decisions. Deliver both business-as-usual support and ad hoc analytical assistance as required.
  • Model Documentation and Validation: Prepare thorough model documentation and validation submissions in accordance with internal policies and regulatory guidelines. Monitor and track model performance on an ongoing basis, identifying areas for improvement and ensuring models remain fit for purpose as market conditions evolve.
  • Risk Management and Compliance: Review and comply with all firm policies applicable to business activities. Proactively identify and escalate operational risk events, control deficiencies, and emerging risks to line management and relevant risk and control functions in a timely manner. Maintain awareness of regulatory developments affecting quantitative models.
  • Independent Ownership and Initiative
  • Take ownership of assigned projects and deliverables, working independently to drive initiatives from conception through implementation. Demonstrate accountability for outcomes and proactively identify opportunities to enhance models, processes, and tools.


WHAT DO YOU NEED TO SUCCEED?

Must have:
  • Education: Ph.D. or Master's degree in a quantitative discipline such as mathematics, statistics, physics, computer science, financial engineering, or a related field.
    Experience: 3-4 years of relevant experience in quantitative analysis, financial modeling, or a related field within the financial services industry. Hands-on experience in developing interest rate and spread product models is highly desirable.
    Technical Expertise: Solid knowledge of financial instruments and derivatives, including bonds, interest rate swaps, futures, forwards, and options, as well as associated pricing and risk management models. Understanding of fixed income markets and treasury operations is essential.
    Programming Proficiency: Proficiency in Python is required. Working experience with C++, C#, VBA, and enterprise tools such as GitHub, version control systems, and collaborative development platforms is preferred.
    AI Literacy: Strong AI literacy with working experience using AI-powered development tools such as GitHub Copilot, Claude, ChatGPT, Windsurf, or similar platforms. Must demonstrate a proactive approach to learning and adopting emerging AI technologies to enhance productivity and model development capabilities.
    Communication Skills: Excellent communication skills, both verbal and written, with the ability to explain complex quantitative concepts to non-technical stakeholders. Capable of preparing clear documentation and presenting findings effectively to diverse audiences.
    Work Style and Attributes: Highly detail-oriented and organized with strong analytical and problem-solving abilities. Demonstrates a sense of ownership over assigned tasks and projects. Able to work independently with minimal supervision while also collaborating effectively within a team environment. Self-motivated with the ability to manage multiple priorities and meet deadlines.


Nice-to-Have:
  • Broad knowledge of market risk management principles and regulatory frameworks relevant to financial institutions is beneficial. Familiarity with capital adequacy requirements, stress testing, and risk metrics is a plus.
  • Previous experience in data analytics, balance sheet management, hedge accounting (IFRS 9/IAS 39), and Interest Rate Risk in the Banking Book (IRRBB) is advantageous and will enhance the candidate's ability to contribute across Treasury functions.


What's in it for you?

  • 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

Job Skills

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:

2026-08-13

Application Deadline:

2026-09-25
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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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

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