VP, Quantitative Analytics - E-Credit
New York, NY 
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Posted 5 days ago
Job Description

Job Summary

Performs statistical analyses and models development to support decision-making by running statistical strategies and working with various asset classes. Typically manages 2 or more specialized departments comprised of supervisors, managers, professionals, and/or large numbers of operational support employees.

Job Description

What is the opportunity?

As a VP, Quantitative Analytics - E-Credit, you will be working in a fast-paced, active trading environment withfront office deadlines.You will join theQuant team todevelopmodels for corporate bond (IG and HY) electronic trading and createanalysis tools for the trading desk. You will work closely with multiple stakeholders like Trading and Sales, Structuring, Global Market Risk and Technology.

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?

  • Post-graduate degree inaquantitative areasuch as mathematics, physics, finance,engineering, or computer science.
  • At least 4 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 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.
  • Leaders who support your development through coaching and managing opportunities.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunities to do challenging work.
  • Flexible work/life balance options.

The salary range for the above position is $135,000 - $225,000 depending on factors that may include, but are not limited to, the candidate's experience, skills, registration status, market conditions, and business needs.

This position may be eligible to earn a discretionary incentive payout.

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

Job Skills

Online Trading, Trading Desks

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:

2024-05-08

Application Deadline:

2024-05-31

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.

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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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.


RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Master's Degree
Required Experience
4+ years
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