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Senior Quantitative Engineer at RBC in Toronto
Job Description
Senior Quantitative Engineer
Location: TORONTO, Ontario, Canada
Job Description
What is the Opportunity?
This position is responsible for developing logic-intensive components of the digital wealth management platform. Works on computational libraries, as well as API services that interact with those libraries and other parts of the platform. The core focus for the position will be on implementing software used in portfolio optimization, Monte Carlo simulations, trading algorithms, financial health scores, and probability assessment models used in developing a wealth management platform.
What will you do?
- Develop software for quantitative and portfolio management using Python
- Design/test/maintain/improve the core trading and research applications being developed
- Develop code to extract data from various sources to support development of the models
- Collaborate with team on best practices
- Conduct research on portfolio optimization, perform back test and implement trading models
What do you need to succeed?
Must have:
- 5+ years of software development in a quantitative finance area
- 3+ years of professional experience building large scale applications/APIs in Python
- Bachelor's degree in Economics/Finance/Mathematics, Computer Science, Statistics or other relevant discipline or equivalent experience.
- Strong knowledge of quantitative concepts, including applied statistics
- Experience using analytics libraries and frameworks such TensorFlow, scikit, NumPy
- Strong problem-solving skills
- Knowledge of (or interest in) personal finance/economics
- Experience with algorithm design or development
- Experience working with RESTful APIs
- Experience with Python API frameworks like Django, Flask
Nice to have
- Master’s degree or Ph.D. Preferred.
- Experience with Cloud (AWS or Azure) and containerization is a big plus
- Experience in financial services preferred
- Experience developing financial models in behavioral finance or wealth management
- Familiarity with and ability to apply the following concepts to solve data problems; natural language processing, machine learning, conceptual modelling, statistical analysis, predictive modelling and hypothesis testing
What’s in it 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 succeed 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
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities.
Job Skills
Communication, Critical Thinking, Detail-Oriented, Financial Instruments, Investment Banking Analysis, Investments Analysis, Personal Development, Personal Initiative, Quantitative Methods, Risk ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.