Job Summary

Job Description

2025 Quants Summer Associate, Quantitative Technology Services

ABOUT RBC CAPITAL MARKETS

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 70,000 professionals, we operate out of 59 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region.

We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks.

RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the top 10 largest banks in the world and the fourth- largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

What will you do?

Summer Associates have the opportunity to gain in-depth knowledge of Capital Markets, establish strong partnerships with business units and technologists around the world and develop your skills by providing creative technical solutions to solve complex business issues.

Principle Responsibilities:

Responsible for project work and daily support as outlined by given businessIncreasing efficiencies in current departmentAnalysis of business requirements and translations to technical specificationsDesign, development, coding, code reviews and testing of applications as per Software Development Life Cycle (SDLC) best practicesDevelop and implement miscellaneous tools to support trading and risk management activitiesCarry out special projects related to pricing models, trades, and risk managementProvide desk-based research assistance as required

Basic Qualifications:

Pursuing a Masters or PhD, graduating in December 2025 or May 2026Completion of a four-year university degree in Computer Science, Engineering or Mathematics (or comparable rigorous scientific field) with academic excellenceHigh qualifications on the physical sciences, mathematics, and computing.Knowledge of derivatives and financial products, for trading, pricing and risk management.Advanced mathematics and programming skills in languages such as Python, C++, R, JavaKnowledge of relevant applications and risk managements systems and ITSpreadsheet and tool building experienceAbility to manage multiple competing priorities and thrive in a fast-paced and challenging environmentStrong teamwork and communication skills

Other Required Qualifications:

Must be a self-starterAbility to work in a fast-paced environmentStrong communication skills – both spoken and writtenAnalytical skills for transforming defined business needs into software requirementsAmple knowledge and understanding of software design principles and development best practices in the full life cycleSelf-managed and results-oriented with a keen sense of ownershipDesire and commitment to learn/adapt as neededTime management and the successful engagement of multiple initiatives simultaneouslyTroubleshooting, problem-solving and a detail-oriented work ethicNo licenses requiredNo designations required

The good-faith expected salary range for the above position is $140,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and play a critical role in attracting, engaging and retaining talent that:

Drives RBC’s high performance cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value

Job Skills

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:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-10-09

Application Deadline:

2024-12-01

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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