Job DescriptionStep into the future of trading with RBC Capital Markets! We're seeking a Quantitative Trading Analyst to join our Equites team on the largest trading floor in Canada. You will harness advanced quantitative techniques to innovate and optimize our trading strategies. Dive into data analysis, build cutting-edge trading models, and collaborate with top‐tier professionals to drive success in a high‐energy setting.Global EquitiesAs a key part of Global Equities, our team is dedicated to advancing and refining equities trading strategies and systems globally. We are widely recognized for our forward‐thinking approach and our commitment to fostering both innovative and a collaborative culture within the financial industry.By joining this team, you will contribute to and spearhead projects with direct, real‐world impact on RBC Capital Markets' daily operations. Our team members bring a diverse set of skills, ranging from creative problem‐solving to advanced quantitative modeling, and apply these to enhance and develop cutting‐edge trading systems.Notable achievements include RBC's patented smart order routing technology, THOR (featured in Michael Lewis' book Flash Boys), and the creation of Canada's first artificial intelligence‐powered trading network.Equities Trading Desks Hiring:Electronic Market MakingElectronic Algo TradingETF TradingStructured Products TradingDelta One TradingOptions Flow TradingWhat will you do?You will join a specific Equities team to work with throughout the duration of your internship. The roles and responsibilities will vary depending on the team you are assigned to but could include:Research, create,
and implement quantitative trading strategies using optimization and cutting‐edge machine‐learning techniquesApply critical thinking and problem‐solving skills to expand already‐existing algorithms that trade millions of shares and thousands of times a secondAnalyze market data to investigate previously unexplored structural research areasThink critically and creatively within a collaborative and close‐knit team working on Canada's largest trading floorBuild and maintain advanced analytical tools to support research/trading activities and improve efficienciesCollaborate with cross‐functional teams, including sales, IT, risk management, and middle/back office, to drive strategic initiatives and optimize trading performanceActively assist team with booking, reporting and market analysis in futures, forwards, swaps, option combos, ETFsWhat do you need to succeed?Must Have:Post‐secondary education in a quantitative field such as Engineering, Mathematics, Statistics, Economics or Computer ScienceCreative and novel problem‐solving approachStrong math and statistics backgroundStrong programming experience e.G. Python, SQLExperience in statistical modelingProficiency in optimization and Bayesian statisticsStrong desire to be part of a team and excellent communication skillsExperience in finance not requiredNice to Have:Familiarity with Black‐Scholes options pricing models and listed options generallyWhat'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.Leaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a agile, collaborative, progressive,
and high‐performing teamOpportunities to do challenging work and make a differenceOpportunities to building close relationshipsWe thank all interested candidates; however, only those selected for an interview will be contacted.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.Additional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:CAPITAL MARKETSJob Type:Student/Coop (Fixed Term)Pay Type:SalariedPosted Date:2026-09-14Application Deadline:2026-10-01Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date abovePay RangeThe expected pay range for this position is:$60,000.00 - $100,000.00The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. RBC supports pay transparency and we strive to ensure all pay ranges and competitive, fair, and equitable. Your actual pay is determined by a number of factors, including your experience, skills and education.Our Employment OpportunitiesAt 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.
📌 2027 Capital Markets, Global Equities, Quantitative Trading Analyst (16 Months, Co-Op) (Toronto)
🏢 RBC
📍 Toronto