What is the opportunity?

The Cash and Securitized Product Quantitative Analytics team focus on both supporting specific business operations and engaging in complex enterprise-wide initiatives. In this role you will be responsible for developing / implementing new and maintaining / enhancing the existing rate and spread product models, with a heavy emphasis on securitized products, as well as regulatory reporting. One of this role’s main contributions will be ensuring that the firm’s front-office and risk analytical framework follows the best practice, meets the users’ requirements, and can accommodate the future market and regulatory conditions.

What will you do?

- Apply quantitative skills to design, implement, test, and roll out the rate and spread product models in the current analytical environment.
- Support RBC business by assisting the traders, risk managers, and product controllers in understanding the models and interpreting the model outputs.
- Support the preparation of model documentation and validation submissions, as well as tracking the model performance, per the internal policies and regulatory guidelines.
- Review and comply with firm policies applicable to business activities.
- Escalate operational risk loss events, control deficiencies and risks identified to the line manager and the relevant risk and control functions on a timely basis.

What do you need to succeed?

Must have:

- Ph.D or Master’s degree in one of quantitative areas such as mathematics, statistics, physics or computer science.
- Good knowledge of financial instruments and derivatives, such as the bonds, IR swaps,



futures, and options, as well as the related pricing and risk management models. Hand-on experience in developing interest rate and spread product models.
- Proficient in at least one of the programming languages such as Python (preferred), C++, and C#.
- Good communication skills in both verbal and writing.
- Excellent analytical skills and a faster and self-motivated learner.

Nice-to-have:

- Broad knowledge of financial markets and regulations is good to have.
- Knowledge on market and counterparty credit risk management is a plus.

What’s in it for you?

- 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
- Work in a dynamic, cooperative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible work/life balance options

Job Skills

- Analytical Framework
- Analytical Thinking
- Critical Thinking
- Economic Analysis
- Financial Derivatives
- Financial Instruments
- Investment Risk Management
- Market Risk
- Operational Risks
- Python (Programming Language)
- Quantitative Analytics
- Quantitative Methods

Additional Job Details

- Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO
- City: Toronto
- Country: Canada
- Work hours/week: 37.5
- Employment Type: Full time
- Platform: CAPITAL MARKETS
- Job Type: Regular
- Pay Type: Salaried
- Posted Date: 2026-07-14
- Application Deadline: 2026-08-28

📌 Associate - Quantitative Analyst (Toronto)
🏢 RBCx
📍 Toronto