Credit Algo Quant

Royal Bank of Canada · New York City · $85,000–$160,000 (stated in the posting)

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Credit Algo Quant

What is the opportunity? 

Provision of quantitative tools, analysis, and support to the GSP algorithmic trading desks.
Development, delivery and support of advanced mathematical and data driven models for credit electronic trading.

What will you do? 

• Research, develop and implement mathematical models for price and risk of corporate bonds as part of electronic trading algorithms.
• Improve and existing models, tools, and operational frameworks.
• Support ad-hoc requests for quantitative tools and analysis from corporate bond electronic trading desk.
• Document products and models.
• Work closely with risk and control functions to achieve and maintain formal validation of models for official reporting.

What do you need to succeed? 
Must Have: 

• Post-graduate degree in a quantitative area such as mathematics, physics, finance, engineering, or computer science.
• At least 3 years of experience providing quantitative support to trading desks.
• Knowledge of corporate bond products and markets and experience with electronic trading.
• Strong numerical and analytical programming skills.
• Strong written and verbal communication skills. The ability to approach novel problems systematically and with tenacity.

What's it in for you? 

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business and geographies

The Expected Salary Range For The Above Position Is $85,000 - $160,000 Depending On Factors Including But Not Limited To The Candidate's Experience, Skills, Registration Status; Market Conditions; And Business Needs.  This Salary Range 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

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