• Job Description

  Req#: R-0000132753

  Job Summary

  Job Description

  Senior Quantitative Risk Analyst, RBC Capital Markets LLC, New York, NY:

  Apply quantitative and programming skills to research, develop, test, and implement securitized products and structured credit pricing, default, and loss models. Build and maintain agency and non-agency mortgage prepayment and default models. Build front office analytic tools for trading and risk. Work in a fast-paced trading floor environment, effectively collaborating with traders, risk managers, IT and other functions to support trading activities. Proactively identify operational risk/ control deficiencies in the business. Review and comply with Firm Policies applicable to CFG business activities (funding, trading, and investment). Escalate operational risk loss events, control deficiencies and risks that you identify to your 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 API. Construct and maintain databases for ensuring persistence and availability of mortgage-backed securities data (EMBS, Intex and CoreLogic).

  #LI-DNI

  Full time employment, Monday – Friday, 40 hours per week, $143,000.00 per year.

  MINIMUM REQUIREMENTS:

  Must have a Master’s Degree or foreign equivalent in Financial Engineering, Quantitative Finance, or a related field and 2 years of related work experience.

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

  * C++;

  * Python;

  * R;

  * Numerical and Statistical Analysis; and,

  * Fixed Income Securities Modeling.

  Must have 1 year of experience in each of the following:

  * SQL;

  * Excel VBA; and,

  * Machine Learning.

  The base salary for this job is $143,000.00 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 Now” Button

  Job Skills

  Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

  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:

  2025-07-04

  Application Deadline:

  Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

  Inclusion and Equal Opportunity Employment

  At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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