Vice President

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At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

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Vice President, Quantitative Analyst, RBC Capital Markets, LLC, New York, NY:

Design, develop, and implement architecture of deliverable quantitative software tools to support trading and risk management activities. Enhance and develop analytical tools for trading desks not directly supported by Front Office quants and non-Front Office groups. Conduct maintenance and improvement of model documentation and test suites for RAMPP models. Assist with pricing of new products and feasibility of modelling approaches. Provide Quant support for federal projects involving risk aggregation and analysis. Perform canonical risk generation, analyze margin disputes, and conduct quarterly VaR back-testing. Participate in special trading desk projects.

Full time employment, Monday – Friday, 40 hours per week.

MINIMUM REQUIREMENTS:

Must have a Master’s degree in Financial Engineering, Mathematics, or a related field, and 2 years of experience providing quantitative support to structured rates trading desks.

Must also have 2 years of experience in each of the following:

• Developing, delivering, and supporting advanced mathematical models including the following: Time-series or statistical models for bond spreads and volatility; Monte-Carlo methods for pricing of exotic Interest Rate and FX Options; and Value-at-Risk (VaR) methods for computing Initial Margin (IM);
• Trading, pricing, and risk management of derivatives and financial products;
• Programming in C++ and Python;
• Numerical analysis and stochastic calculus;
• Developing methodology to predict spreads for trading of investment-grade bonds; and
• End-to-end delivery of financial risk models.

Travel required up to 10%

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.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays 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

TO APPLY: Please click “Apply” Button

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Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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