Responsibilities
- Develop quantitative and portfolio management software in Python.
- Design, test, maintain, and improve core trading and research applications.
- Build computational libraries and API services for the digital wealth management platform.
- Extract data from various sources to support quantitative model development.
- Conduct portfolio optimization research, backtest strategies, and implement trading models.
- Collaborate with the team on software development best practices.
Requirements
- At least 5 years of software development experience in a quantitative finance area.
- At least 3 years of professional experience building large-scale applications or APIs in Python.
- Bachelor’s degree in Economics, Finance, Mathematics, Computer Science, Statistics, or another relevant discipline, or equivalent experience.
- Strong knowledge of quantitative concepts, including applied statistics.
- Experience with TensorFlow, scikit, and NumPy.
- Experience with algorithm design or development and RESTful APIs.
- Experience with Python API frameworks such as Django or Flask.
- Knowledge of or interest in personal finance and economics.
- A master’s degree or Ph.D. is preferred.
- Experience with AWS or Azure and containerization is preferred.
- Experience in financial services and developing behavioral finance or wealth management models is preferred.
- Familiarity with natural language processing, machine learning, conceptual modeling, statistical analysis, predictive modeling, and hypothesis testing is preferred.
Benefits
- Comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
- Development support through coaching and management opportunities.
- Opportunity to make a difference and create lasting impact.
- Dynamic, collaborative, progressive, and high-performing team environment.
- Opportunities to perform challenging work and take on progressively greater accountabilities.
- Full-time, regular salaried position based in Toronto, Canada, with 37.5 work hours per week.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact. http://rbc.com/legalstuff. La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social. https://www.rbc.com/conditions-dutilisation/