Job Summary

Job Description

What is the opportunity?

As a Quantitative Developer on the US Investment Grade Credit Algo team, you will be working in a fast-paced, active trading environment, to build and improve the algorithmic trading strategy for corporate bonds, ETFs, and portfolio trading.

What will you do?

Develop and maintain production-grade Java and Python code, emphasizing correctness, interpretability, and performance within a trading environment.

Oversee the implementation of best coding practices and fostering of skill development.

Collaborate within a unified trading team to manage the systematic bond trading algo, bond ETF market making strategy, and portfolio trading ecosystem.

Oversee multiple concurrent projects and collaborate with other teams to drive strategic initiatives forward.

Communicate effectively with trading, quants, and tech to discuss strategy performance and the merits of systematics trading strategies.

What do you need to succeed?

Must Have:

Proven experience in developing and maintaining systematic trading strategies in credit or other fixed income assets.

Minimum 4 years of experience coding in Java and Python

A degree in a quantitative field such as computer science, engineering, mathematics, or physics.

Ability to adhere to tight deadlines in a fast-paced environment.

A systematic and tenacious approach to problem-solving, strong attention to detail with a commitment to delivering high-quality work, and excellent verbal and written communication skills.

Nice To Have:

Experience with Q/Kdb.

In-depth knowledge of corporate bond products and markets.

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.

The good-faith expected salary range for the above position is $210,000 - $275,000 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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value

Job Skills

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:

2025-02-27

Application Deadline:

2025-03-29

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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.