Royal Bank of Canada

Vice President, Senior Front Office Quant, RBC Capital Markets, LLC, New York, NY:

Royal Bank of Canada • $210K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Master's degree in Financial Engineering, Quantitative Finance, or related field
  • 4+ years of related work experience
  • 3+ years of experience using Python for quantitative model development
  • 3+ years of experience with C++ for pricing and valuation libraries
  • 2+ years in statistical techniques and structured product modeling
  • 1+ year using SQL for data manipulation and extraction
  • 1+ year applying machine learning techniques in financial datasets

Responsibilities

  • Research and develop pricing models for securitized products
  • Build and maintain complex mortgage prepayment and default models
  • Create analytic tools for trading and risk management
  • Collaborate seamlessly with traders and risk managers
  • Identify and escalate operational risk and control deficiencies
  • Conduct extensive data analysis and forecasting using advanced techniques
  • Integrate prepayment models into existing systems and manage datasets

Benefits

  • 401(k) plan with company matching
  • Comprehensive health, dental, and vision insurance
  • Life and disability insurance coverage
  • Generous paid time-off policy
  • Flexible telecommuting options available (up to 1 day per week)
Full Job Description
Job Description

  • Vice President, Senior Front Office Quant, RBC Capital Markets, LLC, New York, NY:
    Responsible to apply quantitative and programming skills to research, develop, test, and implement securitized products and structured credit pricing / default / loss models. Build and maintain agency and non-agency mortgage prepayment and default models. Build front office analytic tools for trading and risk. Effectively collaborate with traders, risk managers, IT and other functions to support trading activities. Identify operational risk/ control deficiencies in the business. Review and comply with Firm Policies applicable to Central Funding Group (CFG) business activities (funding, trading, and investment). Escalate operational risk loss events, control deficiencies and risks that are identified to line manager and the relevant control functions on a timely basis. Conduct data analysis, simulation and forecasting with statistical and machine learning techniques. Leverage object-oriented programming (OOP) principles, utilizing C++, Python and R programming languages to implement high performance model libraries. Integrate prepayment models into PolyPaths system with Intex. Construct and maintain databases for ensuring persistence and availability of mortgage-backed securities data (EMBS, Intex and CoreLogic).
    Telecommuting permitted up to 1 day per week.
    #LI-DNI
    Full time employment, Monday - Friday, 40 hours per week, $210,000.00 per year.
    MINIMUM REQUIREMENTS:
    Master's degree in Financial Engineering, Quantitative Finance, Computational Finance & Risk Management or a related field and 4 years of related work experience.
    Must have 3 years of experience in:
    * Using Python to develop and deploy quantitative models, build and maintain data pipelines, process large-scale datasets, integrate with cloud computing environments.
    * Automate analytics and reporting workflows for trading or financial applications.
    * Using C++ to develop and maintain pricing and valuation libraries for fixed income or structured products, support legacy quantitative systems, implement unit testing, optimize performance.
    * Analyze P&L attribution and valuation discrepancies.
    Must have 2 years of experience in:
    * Applying statistical and quantitative techniques, including regression analysis, Markov models, stochastic processes, time-series analysis, risk simulations, and model calibration and back-testing.
    * Modeling fixed income or structured products, including prepayment and credit risk modeling, Value-at-Risk calculations, loan performance transitions, duration and convexity analysis.
    * Option Adjusted Spread (OAS) - based relative value assessment.
    Must have 1 year of experience in:
    * Using SQL to query large datasets, support data pipelines, perform data extraction and transformation.
    * Integrate database workflows with analytics or modeling platforms.
    * Applying machine learning techniques, including classification and regression models, feature engineering.
    * Model attribution, to financial or credit-related datasets.
    The base salary for this job is $210,000.00 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
Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

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:

2026-08-25

Application Deadline:

2026-11-03
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
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

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