Quantitative Research Analyst

3 weeks ago

TORONTO, Canada Royal Bank of Canada Full time

Job Summary

Job Description

We are seeking a Quantitative Research Analyst to join the Quantitative Investments team at RBC Global Asset Management (RBC GAM). As a Quantitative Research Analyst, you will apply quantitative research methods to the development and enhancement of systematic and implementable investment models. Your success and that of the team will be driven by your expertise in quantitative analysis, combined with your passion for systematic quantitative equity investing. You will report to the Head of Research, Quantitative Investments.

The Quantitative Investments team employs a systematic quantitative approach to the management of equity strategies implemented via mutual funds, hedge funds, segregated accounts and ETFs. The team takes a multi-factor approach to building and managing investment solutions. The models are data-driven and grounded in sound fundamental and economic rationale. It is a highly collaborative environment in which the research, portfolio management and systems development teams constantly interact. The team manages CAD$20bn of client investments.

What will you do?

As a Quantitative Research Analyst, you will

  • Play a lead role in research execution with the goal of improving investment performance â contributing to the areas of data exploration and validation, alpha research, risk modeling, portfolio construction, attribution, and performance analysis

  • Take ownership of own delivery by prioritizing effectively, communicating proactively, and managing tasks to deadlines

  • Collaborate and communicate effectively with multi-disciplinary project teams consisting of research analysts, research engineers, portfolio managers, data specialists, technology analysts and developers

  • Embrace the investment philosophy and process of the team and contribute constructively to continued development teamâs research framework and processes, and champion compelling research ideas and initiatives in line with Quantitative Investmentsâ investment philosophy

  • Remain at the cutting edge of research and development in quantitative investments recognizing that we must continually evolve our investment skills, processes, and technology

  • Embody the following cultural edges: curious, open-minded and adaptable; eager to learn and motivated to continually improve; driven by the sense of urgency required to thrive in an era of rapid disruption; highly collaborative; and committed to a rigorous and scientific approach

What do you need to succeed?

Must Have

  • Strong collaboration skills and a pro-active approach to communication. Ability to deliver accurate results that have impact on tight deadlines, including the write-up and presentation of research

  • Bachelorâs degree in quantitative finance, statistics/machine learning, data science, or a related field

  • 3+ years of experience in the financial industry or in finance research working with financial data; experience with equity data is strongly preferred; buy-side investing experience is a plus

  • Strong understanding of key mathematical, statistical, and machine-learning concepts and techniques that are applied in quantitative investments including portfolio optimization, risk management and performance analysis

  • Strong programming skills in Matlab, Python and SQL with experience in data preparation and exploratory analysis

Nice to Have

  • Masterâs or higher degree in quantitative finance, statistics/machine learning, data science, or a related field

  • Proficiency in cloud-based machine learning platforms such as Databricks and experience in Tableau or other data visualization tools (Qlik, PowerBI, etc.), with a strong understanding of best practices in data visualization and dashboard design

  • Completion or enrollment in CFA

Whatâs 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 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

  • 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

RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.

Job Skills

Adaptability, Asset Management, Communication, Creativity, Curiosity, Databricks Platform, Data Handling, Detail-Oriented, Econometrics, Equity Investments, Investments Analysis, Machine Learning, Mathematical Optimization, MATLAB, Pandas Python Library, Portfolio Construction, Python for Data Analysis, Quantitative Analytics, Quantitative Investment, Quantitative Investment Strategies, Quantitative Research, Statistics, Teamwork

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-04-16

Application Deadline:

2024-05-03

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.
âââââââ
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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

  • Quantitative Research Analyst

    9 hours ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryJob DescriptionWe are seeking a Quantitative Research Analyst to join the Quantitative Investments team at RBC Global Asset Management (RBC GAM). As a Quantitative Research Analyst, you will apply quantitative research methods to the development and enhancement of systematic and implementable investment models. Your success and that of the team...

  • Quantitative Research Analyst

    2 weeks ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWe are seeking a Quantitative Research Analyst to join the Quantitative Investments team at RBC Global Asset Management (RBC GAM). As a Quantitative Research Analyst, you will apply quantitative research methods to the development and enhancement of systematic and implementable investment models. Your success and that of the team...

  • Quantitative Research Analyst

    4 hours ago

    Toronto, Canada Optimize Wealth Management Full time

    Company Description Optimize Wealth Management (Optimize Inc.) is a premier wealth management company located in Toronto, ON. We provide personalized financial solutions and advice to our clients at every stage of their lives. Our services include financial planning, portfolio management, tax preparation, debt management, and estate planning. At Optimize,...

  • Quantitative Research Analyst

    2 weeks ago

    Toronto, Canada Waterfront International Ltd Full time

    We are currently looking for highly talented individuals with a history of exceptional academic and/or industry achievement who are interested in working in a fast paced, stimulating and dynamic environment. Primary Responsibilities: Develop, modify, optimize, test and implement real time quantitative trading models and strategies. Perform statistical...

  • Quantitative Analyst

    2 weeks ago

    Toronto, ON, Canada Validus Risk Management Ltd. Full time

    This is a great opportunity for a highly motivated individual to join our dynamic Macro Strategies team. Joining the team as a Quantitative Analyst, you will have a strong drive and interest in capital markets. The Macro Strategies function at Validus was established in late 2020, with the objective of developing and providing our client base with industry...

  • Quantitative Analyst

    3 weeks ago

    Old Toronto, Canada Validus Risk Management Ltd. Full time

    This is a great opportunity for a highly motivated individual to join our dynamic Macro Strategies team. Joining the team as a Quantitative Analyst, you will have a strong drive and interest in capital markets.The Macro Strategies function at Validus was established in late 2020, with the objective of developing and providing our client base with industry...

  • Quantitative Analyst

    2 weeks ago

    Old Toronto, Canada Validus Risk Management Ltd. Full time

    This is a great opportunity for a highly motivated individual to join our dynamic Macro Strategies team. Joining the team as a Quantitative Analyst, you will have a strong drive and interest in capital markets.The Macro Strategies function at Validus was established in late 2020, with the objective of developing and providing our client base with industry...

  • Quantitative Analyst

    2 weeks ago

    Old Toronto, Canada Validus Risk Management Ltd. Full time

    This is a great opportunity for a highly motivated individual to join our dynamic Macro Strategies team. Joining the team as a Quantitative Analyst, you will have a strong drive and interest in capital markets.The Macro Strategies function at Validus was established in late 2020, with the objective of developing and providing our client base with industry...

  • Researcher and Analyst, Life Sciences

    7 days ago

    Toronto, Canada Delphic Research Full time

    **Researcher & Analyst, Life Sciences** **Who We Are** At Delphic Research, we are on a mission to transform government affairs through knowledge. To that end, we are building an on-demand knowledge service that acquires, tracks, analyzes, and transforms large-scale information collection into bespoke, actionable insights for government affairs...

  • Quantitative Analyst

    3 weeks ago

    Old Toronto, Canada Celestia Full time

    Berachain is a high-performance, EVM (Ethereum Virtual Machine) compatible, Layer 1 blockchain built on the Cosmos SDK. We're a young, world-class team of experts in computer science, type theory, economic game theory, risk management and enterprise development. Our team combines traditional experience in building and scaling teams at technology companies...

  • Quantitative Analyst

    2 weeks ago

    Toronto, ON, Canada Celestia Full time

    Berachain is a high-performance, EVM (Ethereum Virtual Machine) compatible, Layer 1 blockchain built on the Cosmos SDK. We're a young, world-class team of experts in computer science, type theory, economic game theory, risk management and enterprise development. Our team combines traditional experience in building and scaling teams at technology...

  • Quantitative Analyst

    2 weeks ago

    Old Toronto, Canada Celestia Full time

    Berachain is a high-performance, EVM (Ethereum Virtual Machine) compatible, Layer 1 blockchain built on the Cosmos SDK. We're a young, world-class team of experts in computer science, type theory, economic game theory, risk management and enterprise development. Our team combines traditional experience in building and scaling teams at technology companies...

  • Quantitative Analyst

    2 weeks ago

    Old Toronto, Canada Celestia Full time

    Berachain is a high-performance, EVM (Ethereum Virtual Machine) compatible, Layer 1 blockchain built on the Cosmos SDK. We're a young, world-class team of experts in computer science, type theory, economic game theory, risk management and enterprise development. Our team combines traditional experience in building and scaling teams at technology companies...

  • Quantitative Analyst Intern

    3 days ago

    Toronto, Canada Royal Bank of Canada Full time

    **Come Work with Us!** 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...

  • Research Associate

    6 days ago

    Toronto, Canada Ontario Health Full time

    Want to make a difference in your career? Consider this opportunity. The Occupational Cancer Research Centre (OCRC) was established to fill gaps in our knowledge of work-related cancers and to translate these findings into preventive programs to control exposures and improve the health of workers. It is jointly funded by the Ontario Ministry of Labour,...

  • Quantitative Analyst Intern

    6 days ago

    Toronto, Canada Royal Bank of Canada Full time

    **Come Work with Us!** 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...

  • Market Research Analyst

    2 weeks ago

    Toronto, Canada Fidelity Investments Full time

    Description You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement. At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find...

  • Quantitative Analyst II

    2 weeks ago

    Toronto, ON, Canada Affirm Full time

    We’re looking for a driven, analytically-minded professional to join the Quantitative Research team! The Quantitative Research team builds foundational models that model the user behavior at various stages in its journey within the Affirm’s ecosystem and prepare frameworks using those models to guide strategy in optimizing portfolio economics and...

  • Quantitative Analyst II

    3 weeks ago

    Old Toronto, Canada Affirm Full time

    We’re looking for a driven, analytically-minded professional to join the Quantitative Research team! The Quantitative Research team builds foundational models that model the user behavior at various stages in its journey within the Affirm’s ecosystem and prepare frameworks using those models to guide strategy in optimizing portfolio economics and...

  • Quantitative Analyst II

    2 weeks ago

    Old Toronto, Canada Affirm Full time

    We’re looking for a driven, analytically-minded professional to join the Quantitative Research team! The Quantitative Research team builds foundational models that model the user behavior at various stages in its journey within the Affirm’s ecosystem and prepare frameworks using those models to guide strategy in optimizing portfolio economics and...