Royal Bank of Canada

Vice President Quantitative Risk, RBC Capital Markets LLC, Jersey City, NJ:

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Statistics, Maths, Quantitative Finance, Data Science, Computer Science, or related field.
  • 5 years of experience in developing and validating pricing models for spread products and fixed income securities.
  • 5 years of machine learning modeling experience in U.S. credit and municipal bond markets.
  • Proficiency in Python and SQL for statistical and machine learning models.
  • 3 years of experience in statistical analysis and econometric modeling, focusing on time series and market analysis.
  • Experience with Bloomberg Terminal or similar market data platforms.
  • Familiarity with data visualization tools such as Tableau, Streamlit, and Grafana.

Responsibilities

  • Build statistical and machine learning models for the U.S. credit and municipal bond markets.
  • Develop quantitative risk metrics and ensure robustness through validation.
  • Monitor and validate model results periodically to maintain accuracy.
  • Automate trading and sales processes to enhance operational efficiency.
  • Create and optimize trading tools to aid in decision-making.
  • Conduct backtesting and performance analysis on various trading strategies.
  • Collaborate with traders and sales teams to enhance pricing models.

Benefits

  • Telecommuting permitted up to 1 day per week.
  • 401(k) with company-matching contributions.
  • Comprehensive health, dental, and vision insurance.
  • Life and disability insurance coverage.
  • Paid time-off plan.
Full Job Description
Vice President Quantitative Risk, RBC Capital Markets LLC, Jersey City, NJ:

Building statistical and machine learning models in the space of U.S. credit and municipal bond market. Developing quantitative risk metrics. Validating and monitoring model results. Automating trading and sales process. Building trading tools. Conducting backtesting and performance analysis of trading strategies. Collaborating with traders and sales teams to optimize pricing models. Maintaining and enhancing existing quantitative research infrastructure.

Telecommuting permitted up to 1 day per week.

#LI-DNI

Full time employment, Monday - Friday, 40 hours per week, $165,000.00 per year.

MINIMUM REQUIREMENTS:

Must have a Master's degree in Statistics, Maths, Quantitative Finance, Data Science, Computer Science or a related field and 5 years of related work experience.

Must have 5 years of experience in:

* Developing and validating pricing models for spread products and fixed income securities.

* Machine learning modeling in U.S. credit and municipal bond markets.

* Python and SQL for developing statistical and machine learning models.

* Quantitative desk support in fast-paced trading environments.

Must have 3 years of experience in:

* Statistical analysis and econometric modeling, specifically in time series analysis and market analysis.

* Bloomberg Terminal or equivalent market data platforms.

* Data visualization tools (Tableau, Streamlit, and Grafana).

The base salary for this job is $165,000.00 per year. This salary does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

TO APPLY: Please click "Apply Now" Button

Job Skills
Actuarial Modeling, Big Data Management, Commercial Acumen, Data Mining, Data Science, Decision Making, Machine Learning (ML), Natural Language Processing (NLP), Predictive Analytics, Python (Programming Language)

Additional Job Details

Address:

City:

Country:

Work hours/week:

0

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-08

Application Deadline:

2026-08-17
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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