Royal Bank of Canada

Vice President Quantitative Risk Analytics

Royal Bank of Canada$150K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Mathematics, Physical Sciences, or Financial Mathematics
  • Knowledge of derivatives, trading, pricing, and risk management
  • Proficiency in programming languages such as C++ and Python
  • Strong communication skills (written and oral)
  • Ability to work effectively in teams and build relationships

Responsibilities

  • Gather and manage delivery of solutions from trading desk requirements
  • Maintain and implement pricing tools and operational frameworks
  • Provide daily quantitative support for North America Structured Rates Trading processes
  • Calibrate and assess performance of pricing and risk models
  • Conduct agile modeling for new product valuation
  • Coordinate model vetting with EMRM and GRM
  • Identify and manage operational risks and control deficiencies

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Supportive leadership for career development
  • Opportunity to make a lasting impact
  • Dynamic and collaborative team environment
  • Flexible work-life balance options
Full Job Description
Job Description

What is the opportunity?
This role involves providing quantitative tools, analysis, and support to the trading desk. Key responsibilities include the development, delivery, and support of advanced mathematical models, as well as the development and testing of model and pricing applications. The position requires delivering modeling and analytical support to both trading desks and non-Front Office groups, while also contributing to special trading desk projects and secondments as needed.
What will you do?
  • Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems.
  • Management and ownership of existing pricing tools and operational framework; implementation of new ones.
  • Front line, daily quantitative support and responsibility for North America Structured Rates Trading (SRT) overnight processes, such as risk and model marking.
  • Desk projects calibrating and assessing performance of pricing and risk models.
  • Agile modelling and mathematical valuation for pricing and risk of new products.
  • Co-ordination with EMRM and GRM as part of the process of submitting front office developed models for vetting and use in the bank's risk framework.
  • General responsibilities, as member of global quant team:
  • Proactively identify operational risks/ control deficiencies in the business
  • Review and comply with Firm Policies applicable to your business activities
  • Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.
  • Identify, assist and manage operational risks/control deficiencies in the business.
  • Help to recruit, retain and develop top talent.


What do you need to succeed?
Must have:
  • Degree in Mathematics/Physical Sciences/Financial Mathematics
  • Knowledge of derivatives and financial products, for trading, pricing and risk management.
  • Knowledge of programming (c++ / python) and software system


Nice-to-have:
  • A postgraduate degree , especially PhD, in a quantitative discipline such as physics, mathematics, computing, or finance, economics, engineering,
  • Skilled programmer in C++/Python
  • Strong written and oral communication skills
  • Team focused. Must work effectively with the other quants, technology and business functions.
  • Tenacious and adaptable
  • Ability to build and maintain strong working relationships
  • Flexible, enthusiastic and positive attitude


What9;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 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.
  • Flexible work/life balance options.


#LI-POST

Job Skills
C++ Programming Language, Microsoft Excel, Python (Programming Language)

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:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-15

Application Deadline:

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
5 Year Trend
+8.7%
NASDAQ

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